Resolution 1980- 56
4895A-l85a
.
~PDA:rva
06/09/80
l2c
RESOLUTION NO. 80-56
A RESOLUTION AWARDING SALE OF BONDS
PARKING DISTRICT NO. 2
RESOLVED, by the City Council of the City of Gilroy, California,
that
WHEREAS, this Council determined to issue serial bonds to
represent unpaid assessments in proceedings conducted under and pursuant
to its Resolution No. 79-99 of Preliminary Determination and of
Intention, adopted on November 19, 1979, as amended, and;
WHEREAS, the City Clerk has received a written offer for the
purchase of the bonds to represent said unpaid assessments, and, in the
opinion of this Council, the best interests of the assessment district
will not be served by soliciting additional offers therefor;
NOW, THEREFORE, THIS COUNCIL HEREBY ORDERS, as follows:
1. That the sale of said bonds is hereby awarded to WULFF,
HANSEN & CO., subject to all of the terms and conditions set forth in
said written offer for the purchase of the bonds.
2. The City Clerk is hereby directed to cause said bonds to be
prepared in accordance with the proceedings of this Council and that the
same be executed and delivered to said purchaser upon receipt of the
purchase price therefor and upon the performance of the conditions
contained in said written offer.
*
*
*
*
*
I hereby certify that the foregoing resolution was duly and
regularly adopted and passed by the City Council of the City of Gilroy,
California, at a regular meeting thereof held on the 9th day of June,
1980, by the following vote of the members thereof:
AYES, and in favor thereof, Councilmembers: ALBERT, CUNNINGHAM, HUGHAN,
TAYLOR and GOODRICH.
LINK
NOES, Councilmembers:
ABSENT, Councilmembers:
PATE
APPROVED:
)f~$~
Mayor