HomeMy WebLinkAbout57-42 - awarding sale of bonds $800,000 - sewer revenue bonds of 1957K~JHW :EAW: jm 6/3/57
RESOLUTION NO. o~'~ 7~
A RESOLUTION AWARDING SALE OF BONDS
$800..000 SEWER REVENUE BONDS OF 1957
RESOLVED, by the City Council of the City of Ukiah,
California, that
WHEREAS, said Council, pursuant to its Resolution calling
for bids on sale of bonds adopted on May 9, 1957, gave due notice
of said sale;
WHEREAS, this is the time and place fixed therein for
receiving bids for the purchase of said bonds, and said bids have
been received and publicly opened, examined and declared by said
Council;
NOW, THEREFORE, IT IS ORDERED, as follows:
!. That ali written bids received for the purchase of said
bonds, excepting the bid herein stated, be, and they are hereby,
rejected, and that said bonds be, and they are hereby ordered sold
as the highest responsible bidder therefor, with interest to the
date of delivery of said bonds, said sale to be subject to all of
the terms and conditions set forth in the Official Notice of Sale,
as amended.
2. That the City Clerk of said City be, and she is hereby,
directed to have said bonds printed forthwith, and that the same
be immediately signed and sealed and delivered to said bidder on
receipt of the amount therefor as above stated, with interest but
not otherwise, and upon the performance of the conditions contain-
ed in said written offer.
3. That the interest rate of said bonds be, and the same
is hereby, fixed at the rate stated in said bid.
I hereby certify that the foregoing is a true copy of a
resolution duly and regularly adopted and passed by the City
Council of the City of Ukiah, California, at a meeting thereof
held on the 5th day of June, 1957, by the following vote:
AYES, and in favor thereof, Councilmen:
Runkel, Wagner, Mercer, Mazzoni, Rones
NOES, Councilmen: None
ABSENT, Councilmen: None
APPROVED:
~ - MaYor '
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City Clerk- ~f the City' of Ukia~"