HomeMy WebLinkAboutReso 4627-1967 RESOLUTION NO. 4627
A RESOLUTION AWARDING SALE OF BONDS
CABOT, i CABOT & FORBES INDUSTRIAL PARK UNIT NO. 2-A
FIRST SALE -- $700,000
RESOLVED, by the City CoUncil of the City of South
San Francisco, California, that
WHEREAS, pursuant to Resolution of Intention No. 4613,
adopted by said Council on January 16, 1967, and its ResO-
lution calling for bids on the sale of bonds pursuant
thereto, adopted on February 6, 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, 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 of 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 J. Baz~h & 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 direc-
ted 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 City of South San Francisco
at a regular meeting held this 20th day of February, 1967, by the
following votes
AYES, COUNCILMEN
NOES,
ABSENT, "
Frank J. Bertucelli, ~trtck E. Ahern, Emilio
Cortest, Andrew Rocca and Guido J. Rozzi
None
None
ATTEST
City Cler~
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