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Resolution 1403 WJML:f ~:njh:lO-lO-69 l~c RESOLUTION NO. 1403 CALLING FOR BIDS ON $350,000 FIRST DIVISION OF CITY OF GILROY GENERAL OBLIGATION BONDS OF 1969 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 $350,000 First Division of City of Gilroy General Obligation Bonds of 1969, being the First 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 un- qualifiedly approving the legality of the proceedings and the is- suance of said bonds. A~ ~O{j~?, 4~ / City Clerk rt- (SEAL) * * * * * * * * * -/({)J- I hereby certify that the foregoing is a full, true and cor- rect 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 20th day of October , 1969, by the following vote of the members thereof: AYES, and in favor thereof, Councilmen: Batrez, Duffin, Kennedy, Pate, Silva, Wentworth, and Goodrich NOES, Counc ilmen: None ABSENT, Councilmen: None G2?J?W?i~ . d~ 'City Clerk of the City of oy An~;s~ Mayor 2