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HomeMy WebLinkAboutReso 3227-1961RESOLUTION NO. 3227 A RESOLUTION AWARDING SALE OF BONDS INDUSTRIAL PARK UNIT~N0. 2-C, ZONE 3 THIRD SALE - $125,000 RESOLVED, by the City Council of the City of South San Francisco, Califor- uia,~ that WHEREAS, pursuant to Resolution of Intention No. 2815, adopted by said Council ou June 15, 1959, and its Resolution calling for bids ou the third sale of bonds pursuant thereto, adopted ou 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, except- lug the bid herein stated, be, and they are hereby, rejected, and that said bonds be, and they are hereby, ordered sold to J. B. Hauauer & Company - 140 So. Beverly Drive - Beverly Hills, California, as the highest responsible bidder therefor, said sale to be subject to all of the terms and conditions set forth iu the Notice of Sale of said bonds and iu said accepted bid. 250 RESOLUTION NO. 3227 (CONTINUED): 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 ou 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 Noe s, Absent, " G. J. Rozzi, Patrick E. Ahem, Emilio Cortesi, Andrew Rocca, and Leo J. Ryan. None. None. ATTEST: ARTHUR A. RODONDI City Clerk