HomeMy WebLinkAboutReso 2676-1958 Signed CopyKWH&W: EAW: JS: lr
RESOLUTION NO. 2676
A RESOLUTION AWARDING SALE OF BONDS
MADRONE AVENUE
T/8/ 8
~C
RESOLVED, by the City Council of the City of South San
Francisco, California, that
WHEREAS, pursuant to Resolution of Intention No. 2608
adopted by said Council on April 7, 1958, and its Resolution
calling for bids on sale of bonds pursuant thereto, adopted on
July 7, 1958, 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 Stone & Youngberg ·
as the highest responsible bidder therefor, said sale to be subject
to all of the terms and conditions set forth in 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 the same be immedi-
ately signed, sealed and delivered to said bidder on receipt of
the amount therefor together with accrued interest to date of
delivery, 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 sa~bid.
I hereby certify that the foregoing resolution was
regularly introduced and adopted by the City Council of
the City of South San Francisco at a
meeting held this 21st day of
by the following vote:
AYES, COUNCILMEN
NOES, "
ABSENT, "
regular
July , 1958,
G. J. Rozzi, Andrew Rocca, Emilio Cortesi,
Leo ~. Ryan and Patrick E. Ahern
None
None
ATTEST:
CITY CLERK