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RESOLUTION NO. 26 -65
A RESOLUTION AWARDING SALE OF BONDS
BAYSIDE IMPROVEMENT DISTRICT
SCHEDULE II ONLY
RESOLVED, by the City Council of the City of Burlingame,
California, that
WHEREAS, pursuant to Resolution of Intention No. 94-64, adopted
by this Council on July 20, 1964, as amended, and its Resolution call-
ing for bids on the sale of bonds pursuant thereto, adopted on January
18, 1965, notice of said sale has been duly given;
WHEREAS, this is the time and place fixed therein for receiving
bids for the purchase of said bonds, and said bids have been receiver'..
and publicly opened, examined and declared by this Council;
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 Gross and Company Inc. ,
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 Clerk be, and he 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 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.
N%..
01
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 __Ist____ day of March
1965 , by the following vote:
AYES, and in favor thereof, Councilmen:
Crosby-Diederichsen-George-Johnson-Martin.
NOES, Councilmen: None
ABSENT,_Councilmen: None
ity Clerk of the City of Burlingame