HomeMy WebLinkAboutRESO 1108..
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!i!.§..Q.~QTION N O. 1108 ---
AUTHORIZING CITY TREASURER TO PURCHASE BONDS FOR INVESTMENT
The Council of the City of Palo Alto DO RESOLVE as tollowa:
That the City Treasurer of the City of Palo Alto be
and he is hereby authorized and directed to purchase out ot
surplus city funds for the purpose of investment the following
bonds·' to-·n t: Accrued
Interest Rate Ma turi tz .Amount Paid Purchased -
$10,000 State of California 2 3/4 2; 1/4:5 $10,402.40 $ 97.78 Veterans Welfare
$10,000 State of California 2 3/4 2/1/50 $10,113.80 97.78 Veterans Welfare
$10,000 Los ~~geles City ~" 1/1/42 $10,441.70 High SChool District 142.64
$10,000 City or Los ~elea 3i l/1/43 $10,452.50 143.54 School Distric1
$ 5,000 City of Los Angeles 4 6/1/43 5,412.05 5.00 School District
$ 5,000 City of Los Angeles 3t l/1/45 5,189.90 71.77 School District
$ 71000 City of Oakland 2t 7/1/46 7,189.00 76.81 HP::.•bor
$ 3,000 City of Oakland 2i 7/1/47 3,058.41 32.92 Harbor
The above and foregoing resolution was duly and regularly
pass0d by the Council of the City of Palo Alto at a regular meeting
held on the 8th d~y of June, 1S36, by .the following vote:
83
AYES: Blois, Bonham, Cathcart, Collins, Costello, Goddard, Judson,
Mitchell, Richards, Salsman, Stephens, Thoits, Thoma~.
NOES: ·None.
ABSENT: Mosher, Wood. ~-·=-' APPROVED: ~or
ATTEST: ~~ City er