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Resolution 1219 WJML:JS:amf 1-2-68 lOC RESOLUTION NO. 1219 A RESOLUTION AWARDING SALE OF BONDS LUCHESSA AVENUE IMPROVEMENT DISTRICT PROJECT NO. 1967-2 RESOLVED, by the City Council of the City of Gilroy, California, that WHEREAS, pursuant to Resolution No. 1139 of Preliminary Determination and of Intention, adopted by said Council on September 5, 1967, as subsequently amended, and its Resolution calling for bids on the sale of bonds pursuant thereto, adopted on December 18, 1967, 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 STONE AND YOUNGBERG 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 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. * * * * * * * * * * * * 12/9 I hereby certify that the foregoing 1s 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 ~ day of January I 196~, by the following vote of the members thereof: AYES, and in favor thereof, Councilmembers: Allemand, Duffin, Kennedy Jr,. Quartiroli, Silva, Wentworth and Goodrich. NOES, ABSENT, Councilmembers: None Councilmembers: None :6t~ if. ~~ / Oi t~, Clerk 0 t e C1 ty or Gilroy APPROVED: 2:~-#~J. ayor , I, SUSA~!NE E. &tQQ THOMAS, City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 1219 is an original resolution, duly adopted by the Council of the City of Gilroy at a regular meeting of said Council held on the 15th day of January . 19 68 ,at wh i ch meet i ng a quorom was present. IT WITNESS WHEREOF, have hereunto set my hand and affixed the official seal of the City of Gilroy, this 16th day of January , 19 68 A f -1/ ,~,~{9 ?~,t:?'7tt1<j Co ~:Lf/t.nrt,:,"",/ City Clerk of the City of Gilroy