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HomeMy WebLinkAboutReso - CC - 006-1943RESOLUTION AUTHORIZING THE PURCHASE OF SAVINGS BONDS OF THE UNITED STATES OF AMERICA AND APPROPRIATING FUNDS THEREFOR RESOLVED by the City Council of the City of Burlingame t«at the said City purchase Savings Bonds of the 'United States of America, in to amount of Ten Thousand Dollars; said ponds to be of I'Series Get - at price of 100% and the yield of 2� % to maturity; to be registered in the name of the City of Burlinga�ie, a municipal corporation; BE IT FURTHER RESOLVED that there is hereby appropri- ated out of the general fund of the City the said sum of Ten Thousand Dollars for the purpose of effecting the purchase of said Bonds hereinbefore orovided and the financial officers of the City are hereby authorized and directed to carry the pro- visions of this resolution into effect. The -foregoing resolution was duly introduced and adopted at a regular meeting of the �,'ity Council of the -ity of Burlingame, held on rpril 5, 1043, by the following vote: Ayes: ouncilraen BURRO'! S, COLEMAN, DAnL, M T, I`tOTH Noes: Councilmen NOINTE" Absent Councilmen NONE ICI n ATTEST: C Y CLERK