HomeMy WebLinkAboutReso 4940-1968 RESOLUTION NO. 4940
A RESOLUTION AWARDING SAT.W. OF BONDS
CABOT, CABOT & FORBES INDUSTRIAL PARK
UNIT NO. 2-A
ASSESSMENT OISTRICT
THIRD SALE -- $550,000
RESOLVED, by the City Council of the City of South San Francisco,
California, that
WHEREAS, pursuant to Resolution of Intention No. 461B, adopted
by said Council on January 16, 1967, and its Resolution calling for
bids on the sale of bonds pursuant thereto, adopted on August 19,
1968, 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, examined 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 ~onds;
NOW, THEREFORE, IT IS ORDERED, as follows:
lo 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 Kirchner, Moore and Company; R. E. Schweser Co~, of California. Ltd.;
Miller & Schroeder, Inc.
as the highest responsible bidder therefor, said sale to be subject
to all of the terms and conditions set forth ir. 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 the interest rate of said bonds be, and 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 Cit'~ of South San Francisco
at a regular meeting held this 16th day of Septe,ber. 1968. by the following
votes
AYES, COUNCILMEN
NOES.
ABSENT. "
Frank J. Bertucelli, Patrick E. Ahern, F. Frank
Mammini, Andrew Rocca and Warren Steinkamp
None
None