Resolution 1455
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RESOLUTION NO. 1455
CALLING FOR BIDS ON CITY OF GILROY
$950,000 GENERAL OBLIGATION BONDS OF 1969
$600,000 - SECOND DIVISION
RESOLVED, by the City Council of the City of Gilroy,
California, that it be, and it is hereby, ORDERED and DETERMINED
as follows~
1, Bids shall be called by the City Clerk of said City
for the sale of $600,000 - Second Division of City of Gilroy
General Obligation Bonds of 1969, being the Second Division of
an issue of bonds in the total principal amount of $950,000
approved by the electors of said City at an election thereon
duly held on April 8, 1969,
2, Notice thereof shall be given by the City Clerk causing
to be mailed copies of an Official Notice of Sale to various banks
and bond houses and other persons interested as determined by the
Clerk, at least ten (10) days before the date said bids are to
be opened,
3, This Council will furnish the legal opinion of the law
firm of Wilson, Jones, Morton & Lynch, San Mateo, California
unqualifiedly approving the legality of the proceedings and the
issuance of said bonds,
ATTEST~
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City Clerk
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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
he Id on the 6th
day of
Apri 1
, 1970, by the following
vote of the members the~eof~
AYES, and in favor thereof, Counci1mel1Jlpers: Batrez, Duffin, Kennedy,
Pate, Silva, Wentworth, and Goodrich.
NOES ~ Counci1memb:ers: None
ABSENT, CouncilmeIl1bers: None
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Ci y Clerk 0
APPROVED~
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Mayor