HomeMy WebLinkAboutReso - CC - 039-1968EAW:Jm 5/23/68/15
c-
RESOLUTION NO. 39-68
A RESOLUTION AUTHORIZING EXECUTION OF
PAYING AGENCY AGREEMENT
MUNICIPAL IMPROVEMENT BONDS OF 1968
FIRST DIVISION
RESOLVED, by the City Council of the City of Burlingame,
California, that:
1. The agreement entitled Paying Agency Agreement, this day
presented to the Council, by the terms of which Bank of America
National Trust and Savings Association, Main Office, 300 Montgomery
Street, San Francisco, California, offers and agrees to act as Paying
Agent for the $850,000 First Division, General Obligation Bonds of
1968, and such other bonds heretofore or hereafter issued by the City
as are ordered referred to it, and prescribing the fees of the Bank
for said services, be entered into by the City.
2. That the Mayor execute said agreement in quadruplicate,
in the name of the City, and that the Clerk attest his signature and
affix thereto the corporate seal.
3. That an executed copy of said agreement be forwarded to
said Bank, and that a duplicate copy be filed with the City Treasurer.
I hereby certify that the foregoing is a full, true and correct
copy of a resolution duly adopted and passed by the City Council of
the City of Burlingame, California, at a meeting thereof held on the
3rd day of June , 1968, by the following vote:
AYES, and in favor thereof, Councilmen:
Crosby-Diederichsen-George-Johnson-Martin.
NOES, Councilmen: None
ABSENT, Councilmen: None
APPROVED:
City Clerk of he City of Burlingame