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R E S 0 L U T I 0 N ----------N 0 • ~
RESOLUTION AUTHORIZING PURCHASE OP SECURITIES
The Council of the City or Palo Alto DOIS RESOVTB as follows:
That the City Treasurer be and he 1B hereby authorized t9 purchase $200,000.00 U. S. Treasury Bills, due January 22,
1953, on a 1.66 basis, at $99.580389 per $100.00 (total or ~199,160.78), and $500,000.00 U. S. Treasury Tax Ant1nc1pat1on
Notes due March 18, 19~3, on a 1.74 basis, at $99.2895 per $100.00 (total $496,447.50).
The above and foregoing resolution waa duly and regularly
introduced and paaeed by the Council or the City or Palo Alto
at a regular meeting held on Monday» the 27th dHy or October,
1952, by the following vote:
Bishop, Blo1a, Bower, Cashel, Cathcart, Drysdale, Gaspar,
AYES: Hill, Marshall, Mlller, Mitchell, Montrou11, Simpson,
Welle, Wickett.
NOES: None.
ABSENT: None .
~ APPR~r.tm: /~' 7 yr ~ /' I 1/ " t/ .· A'l"TEST: (~f:· ~Yzd~-ty C erk / / ,.
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