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HomeMy WebLinkAboutReso 3592-1962RESOLUTION NOo 3~92 A RESOLUTIO~ A~ARDI~G SALE OF BO~DS PERSO~T A~D S~AI~SO~ Z~DUSTRZAL TRACT THIRD SALE RESOL%~D, by the City Council o* the City of South San Fr~ncisco, California, that W~REAS, pursuant to Resolution of Intention Mo. 2771, adopted by said Council on April 6, 19~9, as amended, and its Resolution calling for bids on the third sale of bonds pursuant thereto, adopted on September 17, 1962, notice of said sale has been duly given; ?~!~R}RS, 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; -' '"~- ~ IT iS ORDERED, as follows: II0~7, T~RE~O~, 1. That all written bids received for the purchase of said bonds, exceptins 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 & Co. as the highest respons.ib!e bidder therefor~ said sale to be subject to all of the terms and conditions set forth in the Hotice 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 regularly introduced and adopted by the City Council of the City of South San i~ancisco at a regular meeting held this let day of October, 1962, by the following vote: AYES, CODY~CIL~.~EN Leo J. Ryan, Patrick E. Ahern, ~nuilio Cortesi, Andrew Rocca and G.J. Rozzi NOES, " N one ABSENT, " None ATT~ST: /S/ Arthur A. Rodondi CITY CLERK