HomeMy WebLinkAboutRESO 164~
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WlllllOI ZWJllM:·'ID'' .. "_IW 01 em1:·••·•'nn
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TM Couactl ot t.U Clt.7 •t hlo Alto to leaolTe •• toll .. :
!bat, lben&:,jj, pinwmt to eleoUon d\11)' callH ' ~'/ ' '·, 1~ '."
and h•14 on \he 'th~· oz Jlaroh, 1919, the City ot Palo
Alt• ~ 4\lly authoria•4 t• ••11 a\ pu.llio or pr1Tat•. •al•
it• i••ue ot t24,0oO.oo ••rial bon4• ot t.be City ot Palo
Alto, in lanta Olan. Coant7, l'-te ot California;-·-lltJ.Y
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.. 24 in ntabe r, ot the c1enoa1na t.1 on ot t1000 each, da t• d
.. _, <-~ ~ •• .:
~ l1t., 1919, bearing intere1t at Ule ra\e ot 5 per oent.
,..r mm•, ,.,-able ••mi•annull7 oa1 Kq lit an4 lloT•ab•r
lat in ••ah 71ar; b•nd• maturing in nuaerioal or4er, one
_,." .·.-/ ,i t! J
bond on Kay l•t in each year from 1920 to '1943 1nclua1Te,
all payable in United Stat•• Gold Coin: and
\fberea1, pv1uant to 1n"fitat.ien ot the City ot
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Palo Al t.o inTi tin& aeale4 ~~~· ~4• ior tlle •ale ~ ~
01' •aid bond.• at the hour of~ p.m., Karch 31, 1919: and.
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Wh•r•u, 1aid Ci·~J:, b&nng received and publ1011
opened uid declared the following bide for eale or boada,
to wit:
w.R.St&at• Co. t24,45l.OO J.K.Brcnrn A co. 24.261.00
Bond & Goodwin 24,143.50
Bational City co. 24,218.40
BJ.7t.h.1'1ttt:r &. Co. 2-4,207.50
Jrank A :tewi1 24.20).00
A.nil• l London Parie Batl.
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Carsten • la?l••
Lumbermen.a Truat Co
JT1aan S.1 t.h 4: Camp
Torn.nee llarlhall cl Co.
B.H.lollin• A Bona
G.G.~er A Co.
Bank, '24,175.8o
•2•.161.00 24,1;1.20 24,1~.oo
24,126.~o 24,07;.oo
24,025'.00
And, whereaa, aaid City Council haTing now, in
epen •••eion d.uly opened, declared a:ocl oona14ered aaf.d
bid.a a• offered tor the eale of eaid bonds. 4••• n .. t1n4
and t.heretore decllll'•• that the bid. ot •~ -.. ftAA!I ca.P.AIY
tor tll9 aua or t:M.4S1 .• oo. :L<1J1? • .,,o
1• \he l:Liih••t and beet bicl etten4 fer tbe 'Jm'ohu• ot
U'id bend.•;
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••• Dl~teH. ti 1• her•bJ'. 1UeJ.•e4 and U•
alal'e4 tMl' •iC b-.la lbal.1 be ••14 te fll. ·JI,. 9'eau c._.,
tor Qe ·~ of tl4,45'1.00 u4
that •ai4 "nda eball be 4•~ •a~4 an4 4eli.Tere4 \•
.... tlle ffHlpt et -.14 pal'•
obue pr1oe 1D th., _.l' md fem M -•Ti4e4 'b7 Orcli• ,,,
aanoef178 ot t.he ·Ol\7 ot Pal• Al\••
TU ab••• and torepi1111 l'eMlution wae dul7
paaaed by \he Council ot \he Cit7 •t Palo Al\o at a re-
gular adJ oumed meting tor aaicl purpoee helcl on the ,.y .. '"-'··'
31,.t. 4-r_l'r 11aroh, i919. b7 the ro11owir•t•: .
q.., /./5~, 6~;t•L6<,L7, , 7Jihev. 1~~~~(/p ~,
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