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Resolution 1413 '''.....,,1l!,'v }, " , '~".."'" ~ ~ , .;. ,~;< ,,', WJML: ssn:sp> 11(4/69 10c RESOLUTION NO. 1413 AWARDING SALE OF BONDS GENERAL OBLIGATION BONDS OF 1969 FIRST DIVISION - $350,000 CITY OF GILROY RESOLVED, by the City Council of the City of Gilroy, California, that WHEREAS, this Council, pursuant to its resolution calling for bids on the sale of bonds, adopted on October 20, 1969, gave due notice of said sale; and WHEREAS, this is the time and place fixed therein for this Council to consider bids for the purchase of said bonds, said bids havtng been received and publicly opened, examined and declared in the office of the City Administrator of the City of Gilroy pursuant to the terms of the Official Notice of Sale. NOW, THEREFORE, IT IS ORDERED, as follows: 1. That all written bids received for the purchase of said bonds, excepting the bid herein stated, be, and they are hereby, rejected, and that said bonds be, and they are hereby, ordered sold to UNITED CALIFORNIA BANK as the highest responsible bidder therefor, with interest to the date of delivery of said bonds, said sale to be subject to all of the terms and conditions set forth in the Official Notice of Sale. 2. That the City Clerk of said City be, and she is hereby, directed to have said bonds printed forthwith, and that the same be immediately signed, sealed and delivered to said bidder on receipt of the amount therefor as above stated, with interest, but not otherwise, and upon the performance of the conditions /J-//:z "'''''- ' .... ;, . contained in said written offer. 3. That the interest rate of said bonds be, and the same is here~y> fixed at the rate stated in said bid. ATTEST: Q)24Jtt0/JuJ 0. .~$~ ,,(Seal) City Clerk ' ~ * * * * * * * * 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 17th day of November , 1969, by the following vote of the members thereof: AYES, and in favor thereof, Council.nKm:Jbers: Batrez, Duffin, Kennedy, Pate, Silva, Wentworth, and Goodrich. NOES, Councilh1~rs: None ABSENT, CounciJ.l1b:mb~rs: None /,1 /C/u:OC01MV City Clerk of ,ol~ the City of ilroy APPROVED: ?tn~~~~~~~ Mayor