HomeMy WebLinkAboutRESO 1614,,_y __ ... , __ ......._~ * ----............ ~-··-·'·~···~· ... ~,~ .. -·--·--··"'" ......... , ___ ...... --.. -· ... ··-.-·-~ ·~·"' .... .. ..,. " ...... ,~--------··-· ... ·-·--··-·· ... -----....... -,.,.._.' -
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AWARDIHQ SALE OF BONDS
MELVILLE AVENUE, ET AL
PROJECT NO. ~6-2
RESOLVE.D, by the C1ty Council of the City of Palo Alto,
Ca.11f'ornia, that
WHEREAS, sa1d Council, in respons• to notice duly given
pursuant to Resolution ot Intention No. 1511 adopted June 10,
1946, and 1ts resolution calling tor bid.a on sale or bond.a pur-
suant thereto, adopted on SeptembeY' 8, 1947;
WHEREAS, this 13 th• time and place fixed therein for
rece1 ving b1dl5 foi:-the purchase of eaid bonds, and said bids
have been received and publicly open~d, exa.mlned, and declared
by this Council;
NOii/,~ THEREFORE .. IT IS ORDERED,,. a:s foJ.lows:
l. That all written b1ds rece1vtitd for the purchase of
said bondB, excepting the bid herein stated. 'be, and they are
hereby, rejected, and that said bonds be, and they are hereby,
ordered sold to Lawson Le!f & W1111ams a.nd Asaociatee as the
h1gheet re3pons1ble-bl!der here?or, "iif4.ii==!iiiiilt~tA• git• ..t "'-If
~i.ue.ry et •ale bone", said sale to be subject to all of th• ·
terms and conditions set rorth in said renolution calling for
sealed proposals and in ~aid accepted bid.
2. That the City Clerk or uald City be, and she i:s
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hereby, directed to have said bonda printed forthwith, and that iJ
the 5ame be immediately e1gned and sealed and delivered to said ~
bidder on receipt of the amount therefor as above etated, with l
1nter.,st, but not otherwiae, and upon the performance of the con-
d1t1one contained in said written offer.
3. That the interest rate of said bonds oe~ and the
same is hereby. fixed at the rate stated in said bid.
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I, the undersigned, here'by certify that the foregoing
reeolut1on waa duly and regularly adopted at a meeting of tlle
City ;::ouncil of the City of Palo Alto, California, held on the
13th day or October., 1947, by the following vote:
I,.
AYES, and in favor thereof, Councilmen: Bentrott,
Bolander, B"wd.en, Cashel, Freedman, Gaspar., Linder,,
Merner, Mitchell, Montrou11, Morten, Tho1te, Thomae,
Wl.ckett.
NOES, Councilmen: None.
ABSENT; ~ounc1lmen: Blois.
C1tir CI~-~ XIto . II