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R E S 0 L U T I 0 N ----------N 0 • 2101
RELATIVE TO PURCHASE OF U. S. TREASURY BILLS.
The Council or the City of Palo Alto DOES RESOLVE as follows:
Section 1. That W. c. Cobb, City Treasurer, be and he
in hereby authorized and d1~ected to purchaee out of city
funds held by him, $300,000.00 race value U. S. Treasury B1ll~
due June 28, 1951 at a price of 99.651222, or at a total of $298,953.67.
The above and !'oregoing resolution was duly and regularly
introduced and passed by the Council or the City or Palo Alto
at a regular meeting held on Monday, Aprll 9, 1951, by the following vote:
AYES:
NOES:
ABSENT:
Bolander, Bowden, Bower, Cashel, Drysdale, Freedman,
Gaspar, Hill~ Linder, Montrou11.
None.
Blois, Cathcart1 M1tchell, Wickett.
Mayor ,,
APPROVED: :C:...1r,J;:t_~f~'
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