HomeMy WebLinkAboutRESO 1601••.• R, .. ""_., .... -... ~~ .. ------··-·-................. , .. _ .•• -.~.. ·~· '~' ~,. .. •-•·•~ ......... _ .. , ... , .. ,.,.._,,_, •• _, __ ..... ___ ._., ___ ,_, ... _ ••• ""''"'"'"""''~-----·-····-·~ -~ •
R E S 0 L U T I 0 K N O. 1601 _____ .,.. ________ ------..
AUTHORIZIRG TRJWlURl!R TO SILL 'l'DUUBY WO'l'D AID TO
PTlRCHAn !L'RIA.8TJRY JfOTIS OP A JmW IUUB.
The Council ot the City of Palo Alto DO ~OLVE a• follow•:
That V. C. Cobb, Cit7 Treaaurer, be and he 1e
hereb7 authorized to &ell the $100,000 United States '~ Treaaury Note• due September 15, 1947, nov held by the
City, and to puroha1e v1th tbe proceed9 or Mid Ale
$100,000 or an 1••ue ot Unlad States ot America l~ Tre&•Ul"J'
Kotea of Series B-1948, to be 1••ued &a ot September 15,
1947, and further, out or fund• nov 1n the hands ot the
Treaeurer, to purchaae an additional $200,000 of aaid nev
1aaue 1t available.
The above and foregoing resolution wa1 dul1 and
r~gularl1 introduced and paaaed by the Council ot the
C1ty of Palo Alto at a regular meeting held on MondaJ,
the 11th day or August, 1947, b7 the tolloving vote:
AYES:
NOES:
ABSENT:
Bentrott, Blo1a, Bolander, Cashel, Freed:Dln, Ga.•par,
Mitchell, Montrou11, Morten, Thoita, Thomae, Wickett.
None.
Bowden, Linder, Merner.
APPROVED: &/J,<i/-.:a._ Mayor
ArnlST: f.d¥<fr ~ / ty t!1er
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