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HomeMy WebLinkAboutRESO 1326850 R E S 0 L 0 T I 0 N ----------N 0 • 1326 RESOLUTION ft.UTHORIZING TREASURER TO SELL BONDS AND PURCHASE TAXABLE NOTES The Council or the C1ty or Palo Alto DO RESOLVE as follows: Thn.t W. C. Cobb, City Tl"eaaurer, be and he-1a hereby r.uthorized to sell $26,000.00 United States ~reaaury Bonds, ? 3/4/~7-~5; $26,000.00 United States Treaaurr Bonds, 3t/46-44; and $26,000.00 United States Treasury Bonds 3t/45-431 nov held by the City, 9a1d bonds to be sold at the market. He 1s further authorized to pureh£<.ae ..,/4'/o ts.xable notee due September 15, 1944 nnd 3/4~ t8~eble notes due December 15, 1945. The ~bove and foregoing ~esolut1on was duly and regulnrl.y l.n.troduced and paseed. at a rogulnr meeting of' the Council or the City or Palo Alto held on Monday, the 14th dny of April, 1941, by the following vote: AYES: NOES: J\BSENT: Bentrott, Blois, Costello, Cypher, Goddard, Hoy, Merner, Richard!!, Southwood, Thoits. Cashel. M1tchell 1 Reod, Tho~s, Wood. r~ ~ APPP.ROlT.Eih-· -.;..l ~ c·---·. / -~·--. ____ ./ ~yor ATTEST: @.d.~~~~ {(i-~ y \.i.J.er i/ 01 ~ = a...t ~ I . .1 .J • • . • • • • .. • • • • •