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HomeMy WebLinkAboutReso 4939-1968RESOLUTION NO. 4939 A RESOLUTION AWARDING SALE OF BONDS CABOT, CABOT & FORBES INDUSTRIAL PARK UNIT NO. 2 ASSESSMENT DISTRICT 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. 4236, adopted by said Council on June '28, 1965~ 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 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 Kirchner, MOore and Company; Robert ~. Schweser Co. sf Caltfornia. Tt~,; M111,r & Schroeder, 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 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 ofthe 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 regu~rly intro- duced and adopted by the City Council of the City of South San Francisco at a regular meeting held this 16th day of September, 1968, by the following vote~ AYES, COUNCIIfl4EN NOES, " ABSENT, " Frank $. Bertucelli, Patrick E. Ahern, F. Frank Mammini, Andrew Rocca an.~ Warren Steinkamp None None Ci t~' C1 erk