HomeMy WebLinkAboutRESO 1806"
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94
R B S 0 L U T I 0 I LQ.
AWARDIIO SALB OF BOBDS
.tn'TOJ AVDUI, lft' AL
PROJ'BC'l' 110. 47-l
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1806 -
RBSOLVJl:D, b7 the Council of the Cit7 ot Palo Alto,
ca11rorn1a, that
'WBXRBAS, eaid Council, in reeponae to notice dul7 given
pursuant to Reaolution of Intention No. 1593, adopted June 9,
19~7, alld 1t1 re1olution calling fur hida on sale of bonds pur
suant thereto, adopted on December 13, 1948;
llHERIAS, this la the time and place tixe4 therein tor
rece1v1.og bide tor the purc.b.aae or said bonds, and aald bide have
been received and publlcl7 opened, examined and declared b7 th1a
Council;
·BOW, THBRXP'ORB, IT IS ORDERED, as follows:
1. Tb.at all vritte» bide reco1ved tor the purchase or
aaid bonds, excepting the bid herein stated, be, a.Dd the7 are
hore!Q', rejected, and that aaid bo.Dda be, a~ they are hereby,
ordered sold to LAWSON LBVY ~ WI~MS , as the highest reapona!bie 61 der~reror, v!th Interest to the
date of deliverr or aa1d bonds, said sale to be subject to all or
the terms and co.Dd1t1ona set forth 1n aaid reaolut1on calling ror
sealed proposals and 1n said accepted bid.
2. That the City Clerk of said C1t7,be, and she ie here
by, directed to have said bonda printed forthwith, and that the
aame b~ 1!J.Ullediatel1 signed and sealed and delivered to said bidder
on reca1pt or the amount therefor as above stated, with interest,
but not otl..ervise, and upon the performance or the co:cd1t1cns con
tained in sa:f.d wrlt~en offer.
}. That the interest rate of said bone!s be, and the
same is hereb7, f 1:xed at the re. te a ta toed 1n aa1d bid •
* • * * * • * • •
I, the undersigned, hereb1 certit1 that the foregoing
resolution was duly and regularly adopted at a meeting of the
City Council of the City or Palo Alto, California, held on the
10th day or January, 1949, by the tollov1ng vote:
AYES, A.Dd in ra vor ther~or, Councilmen:
Bentrott, Blois, Bola~er, Cashel, Freedman, Qaapar, Hill,
Linder, Merner, Mitchell, Montreuil, Morten, Thoits, Wickett.
APPROVED:
NOES, Cowic1lmen: None
ABSENT, Councilmen: Bowden.
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