Resolution 1146
WJMLS:JS:des 9-22-67 lOC
RESOLUTION NO. 1146
A RESOLUTION AWARDING SALE OF BONDS
SOUTH CHESTNUT STREET EXTENSION
PROJECT NO. 1967-1
RESOLVED, by the City Council of the City of Gilroy, California,
that
WHEREAS, pursuant to Resolution No. 1110 of Preliminary determi-
nation and of Intention, adopted by said Council on May 1, 1967, and
its Resolution calling for bids on the sale of bonds pursuant there-
to, adopted on September 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
J. B. HANAUER & COMPANY
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 forthwith, 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.
/ / 4L/.
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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 held on the ~ day of
October
,
196~, by the following vote of the members thereof:
AYES, and in favor thereof, Councilmembers:,Quffin,
Kennedy,Jr.,Quartiro1i ,Wentw0rth,Si1va, and Goodrich.
NOES,
ABSENT,
Councilmembers:
N0ne
Councilmembers:
~_~~J
APPROVED:
)r~_/-S.Y~t'4-~-<
Mayor ,