Resolution 1684
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WJM&L:PDA:S:zw 10/2/72 10c
RESOLUTION NO.
1684
A RESOLUTION AWARDING SALE OF BONDS
RONAN AVENUE - SOUTH CHESTNUT STREET
PROJECT NO. 1971-1
RESOLVED, by the City Council of the City of Gilroy,
California, that
WHEREAS, pursuant to Resolution No. 1647 of Preliminary
Determination and of Intention, adopted by said Council on May 15,
1972 and its Resolution calling for bids on the sale of bonds
pursuant thereto, adopted on October 2, 1972, notice of said 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
JURAN AND MOODY, 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 Director of Finance be, and he is hereby, directed
to have said bonds printed, 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.
* * * * * * * * * * * *
RESOLUTION NO. 1684
'" ..
I hereby certify that the foregoing is a full, true and
correct copy of a resolution duly passed and adopted by the City
Council of the City of Gilroy, California, at a meeting thereof
held on the
18th
day of
October
, 1972, by the
following vote of the members thereof:
AYES, and in favor thereof, Council members: BATREZ, DUFFIN,
HUGHAN, PATE, STOUT and GOODRICH.
NOES, Council members: None
ABSENT, Council members: SILVA
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//Ci ty Clerk of the
~OVED: , /)
~~.6/::5~"d;
Mayor