HomeMy WebLinkAboutReso 2784-1959RESOLUTION NO. 2784
A RESOLUTION AWARDING SALE OF BONDS
INDUSTRIAL PARK UNIT NO. 2-C, ZONE 1
RESOLVED, by the City Council of the City of South San Francisco, California,
that
WHEREAS, pursuant to Resolution of Intention No. 2764 adopted by said Council
on April 6, 1959, and its Resolution calling for bids on the sale of bonds pursuant
thereto, adopted on April 6, 1959, 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 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, except-
ing the bid herein stated,' be, and they are hereby, rejected, and that said bonds be,
and they are hereby, ordered sold to GRANDE & 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 therefor as above stated and upon the perform-
ance 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
introduced and adopted by the City Council of the City of South San
Francisco at a regular meeting held this 4th day of May, 1959, by the
following vote:
AYES,
NOES,
ABSENT,
Councilmen Andrew Rocca, G. J. Rozzi, Emilio Cortesi, Leo J. Ryan
and Patrick E. Ahern
None
None
ATTEST: ARTHUR A. RODONDI
CITY CLERK