HomeMy WebLinkAboutReso 4447-1966 RESOLUTION NO. 44~7
A RESOLUTION AWARDING SALE OF BONDS
STONEGATE R[[DGE~IT NO~ 1
RESOLVED, by the City Council of the City of South
San Francisco, California~ that
WHEREAS, pursuant to Resolution of Intention No.
4271, adopted by said Council on August 16, 1965, and its
Resolution calling for bids on the second sale of bonds
pursuant thereto, adopted on March 21, 1966, notice of said
second 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 ~alston & Company, Inc.
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, direc-
ted 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 intro-
duced and adopted by the City Council of the City of South San Francisco
at a reau].ar meetino held this 18th day of April, 1966, by the ¢ollowina
vote:
AYES, COUNCILMEN
NOES, "
ABSENT, "
Frank J. Ber~ucelli, Patrick E. Ahem, Emilio
Ccrtesi, Andrew Rocca and Guido 3. Rozzi
Mono
None
ATTEST: