HomeMy WebLinkAboutReso 5896-1972 RESOLUTION NO. 5896
A RESOLUTION AWARDING SALE OF BONDS
ANTOINETTE LANE STREET OPENING PROJECT
ASSESSMENT DISTRICT
RESOLVED, by the City Council of the City of South San
Francisco, California, that
WHEREAS, pursuant to Resolution of Intention No. 5697,
adopted by said Council on October 18, 1971, and its resolu-
tion calling for bids on the sale of bonds pursuant thereto
adopted June 19, 1972, 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 Grande & Co., Inc. , as the high-
est 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 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 con-
tained 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 foregolng resolution was regularly intro-
duced and adopted by the City Council of the City of South San Francisco
at a regular meeting held this 7th day of August, 1972, by the following
vote:
A YES, COUNCILMEN
I!
NOES,
ABSENT, "
Patrick E. Ahern, Gordon T. Boblitt, William A.
Borba, F. Frank Mamminl and Warren Steinkamp
None
None
ATTEST:
cr. ty¢