HomeMy WebLinkAboutReso - CC - 074-1970W, :KJmh 7-29-70-20
RESOLUTION NO. 74 -70
A RESOLUTION AWARDING SALE OF BONDS
BURLINGAME AVENUE AREA OFF-STREET PARKING DISTRICT
PROJECT NO. 1969-1
FIRST SALE -- $150,000
RESOLVED, by the City Council of the City of Burlingame,
California, that
WHEREAS, pursuant to Resolution of Intention No. 79-69,
adopted by this Council on October 6, 1969, and its Resolution
calling for bids on the sale of bonds pursuant thereto, adopted
on June 15, 1970, notice of said sale has been duly given;
WHEREAS, said bids have been received by the City Clerk, as
fixed in said notice, and have been publicly opened, examined and
declared, and have been referred to this Council for considera-
tion; and
WHEREAS, thit is the time and place fixed in said notice for
considering the bids for the purchase of said bonds;
NOW, THEREFORE, IT IS ORDERED, as follows:
1. That all 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 to r , as the highest
responsible bidder therefor, said sale to be subject to all of
the terms and conditions set forth in the Notice of Sale of said
bonds and in said accepted bid.
2. That the City Treasurer be, and she is hereby directed
to have said bonds printed and that the same be immediately signed,
sealed and delivered to said bidder on receipt of the amount there-
for and upon the performance of the conditions contained 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 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 ,, day of , 19 ,
by the following vote:
AYES, and in favor thereof, Councilmen: "3truln, Cros`ry, I
rant; n
NOES, Councilmen: `
ABSENT, Councilmen:
t.
City .Cleric or the y or Burlingame
APPROVED: