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HomeMy WebLinkAboutReso - CC - 066-1952KWHW:EAW:S:jm 9/18/52/6c RESOLUTION NO. 66-52 AWARDING SALE OF BONDS BURLINGAME MANOR NO. 1 PROJECT NO. 51-30 RESOLVED, by the City Council of the City of Burlingame, California, that WHEREAS, said Council, pursuant to Resolution of Intention No. 28-52 adopted by said Council on June 2, 1952, and its Resolu- tion Calling for Bids on Sale of Bonds pursuant thereto, adopted September 15, 1952, gave due notice of said sale; WHEREAS, this is the time and place fixed therein for re- ceiving bids for the purchase of said bonds, and said bids have been received 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 Izk rj, -,C,,>, ',-V1T Oi' 5,19 California St., S.F. 4 as the highest responsible bidder therefor, with interest to the date of delivery of said bonds, said sale to be subject to all of the terms and conditions set forth in said resolution calling for sealed proposals and in said accepted bid. 2. That the City Clerk of said City be, and he is hereby, directed to have said, bonds printed forthwith, and that the same be immediately signed, and sealed and delivered to said bidder on receipt of the amount therefor as above stated, with interest, but not otherwise, and upon the performance of the conditions contained in said written offer. 'Z. rPhut�th�a -Lnt e`trate of said bonds be. and the same is hereby, fixed at the rate stated in said bid. M or I, Herbert K. White, City Clerk, do hereby certify that the foregoing resolution was introduced and adopted at a regular meeting of the City Council, held on the 6th day of Octoier , 1952, by the following vote: AYES, Councilmen: Byrd, Simonds, Love, Morgan, Atwater NOES, Councilmen: None ABSENT, Councilmen: None Her er K.K. White` City Clerk U CONFIRMATION AND INVOICE TELEPHONE GArtield 1-8000 A. T. & T. Teletype S. F. 234 _'F. HANNAFORD & TALBOT INVESTMENT SECURITIES 519 CALIFORNIA STREET SAN FRANCISCO 4, CALIF. CITY COUNCIL CITY HALL BURLINGAME, CALIFORNIA TRANSACTION DATE 10-7-52 SETTLEMENT DATE NUMBERBSG-.P 1; 136 WE CONFIRM: PURCHASE FROM YOU Quantity Description of Security I Price Principal I Accrued Interest Amount About Par 5,161.60 CITY OF BURLINGAME, SERIES 43, IMPROVEMENT it BONDS: Project 51-30 of r a^e 3?,� Bonds due about $$1,677.! i4 each year 7/2/54 - 66 3 1/4% Bonds due about $1,677.44 each year 71/2/67 - 68 With accrued interest Dated: 9/19/52 With approving opinion of Kirkbride, Wilson, Harzfeld Wallace Accrued interest for -months -days Ue1iv3ry InSTrUCTIOnS 4a.A.I*i• On over-the-counter transactions where we act as your agent (broker), the name of the person or persons from whom or to whom securities are bought or sold, and the date and time when such transactions took place, will be furnished upon request. If executed on a national securities exchange, the name of the exchange member and the time of execution will be furnished upon request. When acting as a principal (dealer), for our own account we confirm, unless otherwise specified, at a net price which may or may not include a profit or loss to us. HANNAFORD & TALBOT