HomeMy WebLinkAboutReso 132-1985 RESOLUTION NO. 132-85
A RESOLUTION AWARDING SALE OF BONDS
(Second Sale)
THE GATEWAY ASSESSMENT DISTRICT NO. ST-82-2
RESOLVED, by the City Council of the City of South San Francisco, County
of San Mateo, California, that
1. This Council has received a written offer from
Inc. acting on behalf of themselves and
underwriters, to purchase bonds to be issued to represent unpaid assessments
levied in proceedings had pursuant to Resolution of Intention No. 118-82,
adopted by this Council on July 7, 1982.
2. The public interest and convenience will be served by the
acceptance of said offer.
3. Said bonds be, and they are hereby, ordered sold to M. L. Stern &
Company, Inc. and the underwriters on whose behalf said purchaser is
acting, said sale to be subject to all of the terms and conditions set forth
in said written offer.
4. The City Treasurer of said City be, and is hereby, directed to
cause the bonds printed and the same to be authenticated and delivered on
receipt of the amount to be paid therefor as stated in said offer, and upon
the performance of the conditions contained in said offer.
5. The interest rates of said bonds shall be, and the same are hereby,
fixed at the rates stated in said offer.
M. L. Stern & Company,
on behalf of other
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
regular meeting held on this 2~.h day of June , 1985, by the
following vote:
AYES' Councilmembers Mark N. Addiego, Emanuele N. Damonte, Gus Nicolopulos;
and Roberta Cerri Teglia
NOES' None
ABSENT:Councilmember Richard A. Haffey
ATTEST:
South San Francisco