HomeMy WebLinkAboutReso - CC - 076-1970WJML:KIJ:mf 1/ J/70 15C
RESOLUTION NO. 76-70
A RESOLUTION DIRECTING ISSUANCE OF DUPLICATE BONDS AND COUPONS
EAST MILLSDALE INDUSTRIAL PARK UNIT NO. 1
RESOLVED, by the City Council of the City of Burlingame,
California, that
WHEREAS, it appears by an affidavit on file with this Council,
executed by Leigh and Nancy H. Fisher that it is the owner of
Bonds Nos. 768 to 772, inclusive, and 591 and 592, East Millsdale
Industrial Park Unit No. 1, dated March 16, 1959, each in the
principal amount of $1,000 and totaling $7,000, together with
interest coupons maturing January 2, 1970, and semiannually there-
after through the maturity dates of each of said bonds, respectively;
WHEREAS, none of said bonds or coupons has been presented to
or paid by the City of Burlingame; and
WHEREAS, the owner has tendered to this Council a lost instru-
ment indemnity agreement by which the indemnifier agrees to hold
harmless and indemnify the City of Burlingame against loss or
damage that may be incurred by said obligee on account of said
coupons so lost;
NOW, THEREFORE, IT IS ORDERED, that said indemnity agreement
shall be, and the same is hereby, approved and accepted.
BE IT FURTHER RESOLVED, that the City Treasurer shall cause
to be prepared duplicates of said lost bonds and coupons upon each
of which bonds and each coupon, respectively, shall appear the
following words: "Issued as a duplicate in place of original of
same number, date, and denomination, claimed to have been lost or
destroyed. Only one to be paid."
BE IT FURTHER RESOLVED, that the City Treasurer and City
Clerk be, and they are hereby, authorized and directed to sign
said bonds and the Treasurer to sign said coupons and to deliver
said bonds and coupons to said owner.
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 Third day of August , 19 70 ,
by the following vote:
AYES, and in favor thereof, Councilmen: Amstrup, Crosby, Johnson,
Martin
NOES, Councilmen;
ABSENT, Councilmen:
APPROVED-
14 yor
None
Mangini
city Clerk of the City of Burlingame