HomeMy WebLinkAboutReso 4720-1967 RESOLUTION NO. 4720
A RESOLUTION AWARDING SALE OF BONDS
CABOT, CABOT & FORBES INDUSTRIAL PARK
UNIT NO. 2-A
ASSESSMENT DISTRICT
SECOND SALE -- $500,000
RESOLVED, by the City Council of the City of South
San Francisco, California, that
WHEREAS, pursuant to Resolution of Intention No. ~613,
adopted by said Council on January 16, 1967, and its Resolu-
tion 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, ~nd 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 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 foregoingresolution was regularly introduced
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. Ahem, Frank J. Bertucelli, Emilio
Cortesi, Andrew Eocca and Guido J. Eozzi
None
None
ATTEST