HomeMy WebLinkAboutRESO 2522.,
... ·-
RESOLUTION NO. 2522
,
RESOLUTION AUTHORIZING REUNESTMXNT-.op :FUNDS
The Council of the City of Palo Alto does resolve as follow&:
That W. c. Cobb, City Treas~rer, be and he hereby is auth-
orized to reinvest $25,000.00 of S-eries "O" war Bonds, 2~, matur-
ing in May, 1954, in U. S. savings Bo·nds, Series "K", to mature
twelve (12) years from date of issue, to y,.eld 2.7~.
The above and foregoing resolut::i.:~n was duly and regular:\y
introduced and passed by the Council of the City of ~alo Alto at
a regular meeting held on Monday, the 12th day of April ,
1954, by the following vote:
' ..
AYES: Bishop, Byx"bee, Cashel, 'Jorcoran, Cummings, Drysdale, Hanley,
Huston,Marshall, Mitchell, Porter, Rodgers, S:tmpeon, Wiok!!tt.
NOES: None.
ABSENT: Ruppenthal.
AT:rEST:
.. ~!tJL y eriC
APPROVED AS TO PORM:
~ ~ ~ -~~ ty'orne
;J~' -'~'1 ~-''
_ . •. . i ·r .1 .... _. ...I. :_ ... ""' .. ., ' .. • t' ' ' -· . , .! .•. ·"'.· '-""'' ·-,;··!. . • j·• l: • . . .. ' . ~·-.' , .... ··~Jt·:\'';~~>. • I -~ , . ~ . I · _ -..... .., .• ~:.~·• -, ~ .... • w..'lf;.'l •.• ~:,.