Loading...
Resolution 238 I 1175 RESOLUTI01'Z NO. 238 TIESOLU'I'IOlT OF 1'EE CO:: on COUHCIL OF TLl; CITY 0 F GILHOY AUTEOHIZING TEE Sm1REIJDER OF u.s. .-iAR E;AVIlJCi-S BONDS, 3ERrGS "G", FOR HBDlGJ\:FTION. ~'JHEREAS the City of Gilroy has heretofore, by order of the the Comnon rjoujcil, purohased froLl sUl~plus funds the following U. S. ;'iar :3avings Bonels, Series "G", to-vii t: 10 bonds, each dated Septenber, 1943, ani nLEt1bered Ml65265lG to M1652660G, inclusive~ each for :;;;1,000.00; 10 bonds, each dated Octobe,r,1943r;L numbered I.I1682156G to M16822l65G, inclusive, each for Ol,OOO.OO; 5 bonds, each dated January~ 1944, and numbered U2296511G to M2296515G, inclusive, eaoh for ~l,OOO.OO; and, 'lITlEREAS the City of Gilroy nO\v requires the money used cin this purchase of bonds for rmnicipal purposes, and it is necessary that said bonds be surrendered for redemption, NO\V, THEREFORE, BE IT RESOLVED by the Comnon Council of the Ci ty of Gilroy that the said bonds hereinbefore desoribed be surrendered to the U.S.Treasur:' Department for redemption, for the price as established by the said Treasury De:partnent, and that the City Clerk of the City of Gilroy be and he is hereby authorized to exeoute a 11 the neoessary papers and dooume nts and endorsements required to have said bonds redeemed. ADOPTED M~D PASSED this 5th day of June,1950, by the follow~ ing vote: AYES: Councilmen George IE.:=ason,J.H. Wentno rth, Janes B.Thomas, David V .St out ,Dale D.Daniels, Carl ';i.Pate. NOES: Councilmen None ABSENT: Councilmen None. Al~ (P ~ ., ayor Attest: ~[}~~ ~,