HomeMy WebLinkAboutReso 2855-1959RESOLUTION NO. 2855
A RESOLUTION AWARDING SALE OF BONDS - INDUSTRIAL PARK
UNIT NO. 2-C, ZONE 3
RESOLVED, by the City Council of the City of South San Francisco, California,
that
WHEREAS, pursuant to Resolution of Intention No. 2815 adopted by said Council
on June 15, 1959, and its Resolution calling for bids on the sale of bonds pursuant
thereto, adopted on August 3, 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 th/s 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 GRANDE & CO., 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 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
introduced and adopted by the City Council of the City of South San Fran-
cisco at a regular meeting held this 17th day of August, 1959, by the
following vote:
AYES, Councilmen Andrew Rocca, G. J. Rozzi, Emilio Cortesi and Patrick E. Aher
NOES, None
ABSENT,
Councilman Leo J. Ryan
ATTEST:
ARTHUR A. RODONDI
CITY CLERK