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HomeMy WebLinkAboutReso 2828-1959 RESOLUTION NO. 2828 A RESOLUTION AWARDING SALE OF BONDS - INDUSTRIAL P&RK UNIT NO. 2-C, ZONE 2 that RESOLVED, by the City Council of the City of South San Francisco, California, WHEREAS, pursuant to Resolution of Intention No. 2792 adopted by said Council on ~ay 18, 1959, and its Resolution calling for bids on the sale of bonds pursuant thereto, adopted on June 15, 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 this 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 J. B. HANAUER & COMPANY as the highest responsible bid- der 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 ~he same be in~aediately 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 intro- duced and adopted by the City Council of the City of South San Francisco at a regular meeting held this 6th day of July, 1959, by the following vote: AYES, Councilmen Andrew Rocca, G. J. lozzi, Leo J. Ryan and Patrick E. Ahem NOES, None ABSENT, Councilman hilio Cortesi ATTEST: ARTHUR A. RODONDI CITY CLERK