Resolution 1065
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RESOLUTION NO. 1065
A RESOLUTION AWARDING SALE OF BONDS
NORTH CHURCH STREET EXTENSION
PROJECT NO. 1966-1
RESOLVED, by the City Council of the City of Gilroy, Cali-
fornia, that
WHEREAS, pursuant to Resolution of Intention No. 1028, adop-
Ited by said Council on June 20,1966, and its Resolution calling
for bids on the sale of bonds pursuant thereto, adopted on October
3, 1966, notice of said iale has been duly given;
WHEREAS, this is the time and place fixed therein for receiv-
ing 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 - NEWARK, NEW JERSEY
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 Treasurer 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 con-
tained 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.
* * * * *
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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
24th day of
October
, 196~_, by the following vote
of the members thereof:
AYES, and in favor thereof, CounCilrttBDbers:Al1emand,Duffin,Eckard,
Goodrich,Quartiroli, and Wentworth.
NOES, Counciltnen:bers: None
ABSENT, Counci:lJr\1letl)er: Petersen.
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AL -5.
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/ City Clerk of t e ty
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Gilroy
APPROVED:
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yor Protempore