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HomeMy WebLinkAboutReso 3659-1963 RESOLUTION NO. .~659 A RESOLUTION AWARDING SALE OF BONDS PECK'S SUBDIVISION NO. I RESOLVED, by the City Council of the City of South San Fran- cisco, California, that WHEREAS, pursuant to Resolution of Intention No. 338~, adopted by said Council on February 5, 1962, and its Resolution calling for bids on the sale of bonds pursuant thereto, adopted on December 1962, 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~publi~tY 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, rebecS, ed, and that said bonds be, and they are hereby, ordered sold to Stone and Youn~ber~ 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 rhea mount 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 fore~oin~ resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meetin~ held this 7th day of January 1963, by the followin~ vote: AYES, COUNCILMEN NOES, " ABSENT, " Patrick E. Ahem, Emilio Cortesi, Andrew Rocca, and G. J. Rozzi None None ATTEST: CITY CLERK