HomeMy WebLinkAboutReso 4719-1967 RESOLUTION NO. 47~t9
A RESOLUTION AWARDING SALE OF BONDS
CABOT, CABOT & FORBES INDUSTRIAL PARK
UNIT NO. 2
ASSESSMENT DISTRICT
SECOND SALE -- $500,000
RESOL~rED, by the City Council of the City of South
San Francisco, California, that
WHEREAS, pursuant to Resolution of Intention No. 4236,
adopted by said Council on June 28, 1965, and its Resolution
calling for bids on the sale of bonds pursuant thereto,
adopted on July 3, 1967, 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, exam-
ined and declared, and have been referred to this Council for
consideration; and
WHEREAS, this 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 Taylor and Company.
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 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 therefor and upon the performance of
the conditions contained in said written offer.
3. That th~ inter~st rate of said bonds be, a~d the same
is hereby fixed at the rate stated in said bid.
I hereby certify that the foregoing resolution was regularly intro-
duced and adopted by the City Council of the City of South San Francisco
at a regular meeting held this 7th day of August, 1967, by~the following
vote:
AYES, COUNCILMEN
NOES,
ABSENT, "
Patrick E. Ahern, Frank J. Bertucelli, Emilio
Cortesi, Andrew Rocca and Guido J. Rozzi
None
None
ATTEST:
~ City Clerk