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Home My WebLink AboutRESO 899302 ._,_.,._, .. ~~~··· ... ·ww~· R E $ 0 I. U T I 0 N N O. 899. -------------_,_,.. IN THE MA'l'TF.H OF AC~ISITION AND I'MPT\OVEV.ENT l;IS-·~ '!'tr!e~ NO. 1 OF F. ~!TV or.' ~AOJ A!'l'O. RESOLUTION RE-FI:GNr. TI:f!~ FOR REC!~IVINO BIDS FOR 'l'S.-;: HU"~RC,'Jv.!1~'N':' ~t;~JfEf5 I~' TF.~ AB6v'E ~'f'tf Trnn MA"~~. -- ·~\'HEREAS, the Council of the C1 ty of Palo l1.lto .r on the 1'7th da~; of March, 1930, passe<.1. 1 ts Eesolu.tion of Intention No. 862 end. tharea.fter passed a resolution ordertng the improve- ment mentioned in sa.id resolution; and ViH:ZRl.:AS, the sa1d City Council caused to be published a notice 1nv.i.ting see.l~d propossls or bids for 1rruned1ate possession bonds to be issued as provided by au1d act; and vmEH:EAS, no 'bids wore received e.t th;;l tir.1e fixed :for the sale of said bonds; NOW-, 'l'liEFi.EFOR.'E, this. Council does hereby, by this reso- lution, fix the 28th day of July, 1930, at the hour cf 8 o 'clcck P. M • .as UN timo for rece1 vin.g, opening and publicly d.ecla.r1ng bici.s at the Council Ch9.mbers :f.n the City Hall for the work &r.d improvement described in. the Resolution of Intention. IT IS H:Ei1:SBY FURTHER OHDERED that the bidd1;rs who submit bids for performinr: the work and improvement set forth 1n resolu- tion or intontion No. 862 shall ir1cluci0 in their bids fox· the improvement a bid for the immediate possession bonds which have been ord.ered issued in this case :tn the sum of Sev•:mty Thousw-:.d Dollars, which bid so accompanying th•:;ir bid fer the 1mprovem~..:nt shal:i. be mad•: for not less than the pal' va.lu.e of said bonds; nnd tho City Clerk, in his notice inviting bids for stdc! improvement, is clireet9d to give notice s.coordlngly, stating tho total par value of said bonds anti tho interest rate. ~aid notice shall be substantially 1:r. t.he following form: UI J~ MA':'ri'ER Q1: ACQpiSITION AND IMP~~ DISTRIC'l' 1m. 1 OF TR:S Crt'Y OF PAI.O ALW .. ------------ UO'I'ICE IN'v"ITING BIDS Pu:::-euant to the stt\t,)to :nereinafter mentioned rmcl to the resolution oi' the Co'..mcil of the C1 ty of' Palo Alto 1 in the matter of Acquisition and Improve:rnant District No. 1 of t!:.J.e City of Palo Alto, adopted ,Tuly 1, 1930, C.irooti.ng this notice, the said C1ty council hereby invites and will receive at the otf1ee of the Clerk of said City, 1n tee City IJall, 1n the City of Palo Alto, up to 8 otoJ.oek :P. M. cf the 88th day of July, 1930, sealed bids for p0rfor·ming tho follow:f.ng work and i:nprovement, to-'t!it: Tha widening of California Avenue from the northeaat.-rly 11no of' El Cw.l1.no Real to e. line one h:.mdred .feet southwesterly from and parallel to tho southwesterly line of Ahna Stre~t, Qnd the improvem•:mt of California Avenue between said points as des- cribed in section TwO of the Resolution of Intention for said work, to 1 ;which reaolution ref\~rance is hereby made for further ...... ~.n ":"J ---11 -~ --1 J 1 ...... l I I ·~ :~ j ,a ~ . ~. ·!( ··; ~ ·~ ·~ ·~ :~ :;~ "S ·: ·, ~ ~~ .< J " ·I a. -~ .{1 ;1 l ·~ ·~ ~ i ·~ li .!; ·-~ :i ·~ l; • J 'r· ~ I •. • l I - I - part1cularn, all in accordance with the reeolution or intention in the matter of said Acquisition and Imp1~vemont District adoptod by said City Councll, on tho 11th day of March. 1930, and with the Spee1rioat1on., Plana, Profiles and Detail Drawings and all proceedings had in the matter or aa1d Aoqula1t1on and .Lmprovement District the attention of all biddera 1e hereby di- rected as to the boundai·ies o:r the 'uneaament district, the zones, percentages, gi•ades and all other matters, and tho aame are hereby, by reference, made a part or this notice. The procedure 1ncluues both acquisitions and improvement~ and the Legislative oody has required the bidder• who Sllbm1t bida for performing the work and improvement to purchaao the bonds which have been or ar'.) to be issued to cover the cost of the ac- qn1a1t1on and imme.:li!ite posseasion, or eitil.er or both; and to inelt..\de in their 'bid a bid for .saict bonds which :ahall not be for leas than par. 'l'ho total par val"..la of aaid bonds is Seventy Thousand Dollars, and the interest is payable at six per eent thereon semi-annually as provided by said "Aequisi t1on and Im- provemont Act of l925.w lbe proceedings for the aforesaid impro·;0ment are had and t&.ken under and in accot>danee wl th an .Act of the tog1slatu:re of ~he 3tate of California known a."ld designated aa the tt Acquiai- t~.on and Improvement Act of 19~~5", rt!,')proved May 23, 1925. and 'the bonds to be issued to pay the cost and expunses thereof as provided in said resolution of intention shall nlso be issuud ~.n accordance with the provisions of said Act. All bids offered shall be accompanied by a check pay- able to tile City of Polo Alto, certified by a responsible bank, for an amount not less tho.n ten per cent of the s.ggregs.te •>1' ·r.he "'::>~.c, o:.r ·by a bond for sa:td. amount and so payable, signed by the bidder and ei thur one ch.:tly authorized corporate ti.l .... ~·t:r, accep- table to the said C1. t:; Council, or two !~·l:.."ctias quali.t'~.·ing . .;ach in double the amount of tho bond, over and above all statutory exemptions, before an officer competent to administer ouths. Dated, Palo Alto, Cali!'orn1a, July 3, 1930. E. !.. Beach OTerx or the city of Pa!O'""i\Tto 303 The City Clerk is directed to P'.lbl1sh the foree::oi:r.g notice in the Palo Alto News by two in~ertions, and to post sai~ notice together with th·J specifications on the 'bulletin board at the City Eall for a !'·~l':!.Od vf' fi Yf;; days. Said l')~::1slat.ivo body roserv~s t~,:; :·ig:!'; 7-c reject any and all blds. The above and :foregoing resolution was duly passed by the Council of the City of Pulo Alto on the lst day or July, 1930, by the following vote: AYES: NOES: - ABSEliT: Approved: Bertsc.ht:, Cat:!:1ce.rt t Christensen, Hobart, Johnson, Judson, Kelly, Lausten, Mitchell, Thoits, "-rs. Thomas 1 ~':ood. Mosht}r Miss Baugh, Thoma3. ~ -~~L Attest: CTty-cierk' ~-· --.-"• ..,.,,. ; 1 • ' ( I I ~ t • \ l I I