HomeMy WebLinkAboutReso 3226-1961A RESOLUTION AWARDING SALE OF BONDS
PERSON AND SWANSON INDUSTRIAL TRACT
SECOND SALE - $250,000
RESOLVED, by the City Council of the City of South San Francisco, Calif-
ornia, that
WHEREAS, pursuant to Resolution of Intention No. 2771, adopted by said
Council on April 6, 1959, and its Resolution calling for bids on the second sale
of bonds pursuant thereto, adopted on May 15, 1961, 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, ex-
cepting the bid herein stated, be, and they are hereby, rejected, and that said
bonds be, and they are hereby, ordered sold to Cruttenden, Podesta i& Company -
Russ Building - San Francisco 4, California, 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 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 foregoing resolution was regu-
larly introduced and adopted by the City Council of the City of
South San Francisco at a regular meeting held this 19th day of
June, 1961, by the following vote:
Ayes, Councilmen
Noes, "
Absent, "
G. J. Rozzi, Patrick E. Ahem, Emilio Cortesi,
Andrew Rocca, and Leo J. Ryan.
None.
None.
ATTEST:
ARTHUR A. RODONDI
City Clerk