HomeMy WebLinkAboutReso 2652-1958 Signed Copy(Harbor Way Assessment District)
RESOLUTION NO. 2652
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SOUTH SAN FRANCISCO AWARDING THE SALE OF BONDS
TO THE HIGHEST AND BEST BIDDER
BE IT RESOLVED by the City Council of the City of
South San Francisco, County of San Mateo, State o~ California, that
WHEREAS, pursuant to the provisions of Resolution of
Intention No. 2567, adopted by said City Council on the 6th day of
January 1958, and its Resolution No. 2637, adopted on the 12th day
of May 1958, calling for bids in connection with the sale of
improvement bonds to be issued pursuant to said Resolution of In-
tention, published notice of the sale of said bonds has been duly
made and given; and
WHEREAS this is the time and place fixed in said Resolu-
tion and notice for receiving bids for the purchase of said bonds,
and whereas written bids have been received and have been publicly
opened, examined, and declared by said City Council,
NOW, THEREFORE, IT SHALL BE, AND IT HEREBY 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 hereby are, ordered sold
to J.B. HANAUER & COMPANY
as the highest responsible bidder therefor, with interest to the date
of delivery of said bonds, said sale to be subject to all the terms
and conditions set forth in the aforesaid notice of sale of said
bonds.
2. That the City Clerk be, and he hereby is, directed
to have said bonds printed forthwith; that thereafter said bonds
be signed and sealed in the manner heretofore specified by this
City Council; and that immediately following, said bonds be
delivered to said bidder upon receipt of the full amount of the
bid thereiox', together with interest, as hereinabove indicated,
and upon the complete performance of all the conditions specified
in said call for bids and contained in said written offer, but not
otherwise.
3. That the interest rate of said bonds be, and the
same hereby is, fixed at the rate, or rates, stated in said bid.
I hereby certify that the foregoing resolution was
regularly introduced and adopted at a regular
meeting of the City Council of the City of South San Francisco
held on the 2nd day of June 1958, by the following vote:
AYES, COUNCILMEN
NOES,
ABSENT
G. J. Rozzi, Andrew Rocca, hilio Cortesi,
Leo J. Ryan and Patrick E. Ahern
None
None
ATTEST:
City Clerk
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