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RESOLUTION NO. 3 —68
A RESOLUTION AWARDING SALE OF BONDS
BAYSIDE IMPROVEMENT DISTRICT NO. 4
$525,000 - FIRST SALE
RESOLVED, by the City Council of the City of Burlingame, California,
WHEREAS, this Council has received a proposal to purchase the $525,000
First Sale of bonds to be issued to represent unpaid assessments to be
levied in proceedings being conducted pursuant to Resolution of Intention
No. 60-67, adopted November 63 1967;
NOW, THEREFORE, IT IS ORDERED, as follows:
le That said $525,000 First Sale of said bonds be, and they are
hereby, ordered sold to J. Barth & Co., said sale to be subject to all of
the terms and conditions as set forth in said accepted bide
20 That the City Treasurer be, and she is hereby, directed to have
said bonds printed forthwith, and that the same be immediately signed,
sealed and delivered to said bidder on receipt of the amount therefor as
above stated and upon the performance of the conditions stated in said
written offer.
3o 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 full, true and correct
copy of a resolution duly passed and adopted by the City Council of the
City of Burlingame, California, at a meeting thereof held on the 15th
day of January , 1968, by the following vote:
AYES, and in favor thereof, Councilmen:
Crosby-Diederichsen-Johnson-Martin-George
NOES,
ABSENT,
APPROVED:
Councilmen:, None
Councilmen: None
ity Clerk of the City of Burlingame
Mayor