HomeMy WebLinkAboutReso 4593-1966 RESOLUTION NO. 4593
A RESOLUTION AWARDING SALE OF BONDS
STONEGATE RIDGE UNIT NO. 1
THIRD SALE
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, as sub-
sequently amended, and its Resolution calling for bids on
the third sale of bonds pursuant thereto, adopted on
November 21, 1966, notice of said third 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 Schwabacher & Co.
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 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 regular meeting held this 19th day of December, 1966, by the follow-
ing votes
AYES, COUNGILNEN
NOES, "
ABSENT, "
Frank J. Bertucelli, Patrick E. Ahern, Emilio
Cortesi, Andrew Rocca and Guido J. Rozzi
None
None
ATTEST~