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HomeMy WebLinkAboutRESO 179264 RES OLUT I ON NO. 1792 RESOLUTION AUTHORIZING PURCHASE OF SECURITIES The Council o: the City of Palo Jlto DO RESOLVE as follows: That W. C. Cobb, Treasurer of the City of Palo Alto, be and he is hereby authorized to purchase 1}% U. S. Treasury Notes maturing October 1, 1949, in the amount of $250,000.00. The above and foregoing resolution was duly and regularly introduced and passed at an adjourned regular meeting of the Council of the City of Palo Alto held on Monday, the 29th day of November, 194$, by the following vote: A YES : Bolander, Cashel, Freedman, Gaspar, Merner, Mitchell, M:ntrouil, Morten, Thoits, Wickett. NOES: None. ABSENT: Bentrott, Blois, Bowden, Hill, Linder. ATTEST: APPROVED: Mayor