Resolution 1981-10
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02/12/8)., l~c
RESOLUTION NO. 81- 10
A RESOLUTION AWARDING SALE OF BONDS
$1,000,000 CITY OF GILROY
SEWER REVENUE BONDS OF 1980, SERIES A
RESOLVED, by the City Council of the City of Gilroy, California,
that
WHEREAS, this Council has determined to issue and sell $1,000,000
City of Gilroy Sewer Revenue Bonds of 1980, Series A, pursuant to
proceedings therefor duly had and takenJ and
WHEREAS, the City Clerk of the City of Gilroy has received a
written offer for the purchase of said bonds, and, in the opinion of
this Council, the best interests of the City will not be served by
sOliciting additional offers thereforJ
NOW, THEREFORE, THIS COUNCIL HEREBY ORDERS, as follows:
1. That the sale of said bonds is hereby awarded to WULFF,
HANSEN & CO., subject to all of the terms and conditions set forth in
said written offer for the purchase of the bonds.
2. The City Clerk of this City is hereby directed to cause said
bonds to be prepared in accordance with the proceedings of this Council
and that the City Treasurer shall cause the same to be executed and
delivered to said purchaser upon receipt of the purchase price therefor
and upon the performance of the conditions contained in said written
offer.
Resolution No. 81-10
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I hereby certify that the foregoing resolution was duly and
regularly adopted and passed by the City Council of the City of Gilroy,
California, at a regular meeting thereof held on the 17th day of
February , 1981, by the fOllowing vote of the members thereof:
AYES, and in favor thereof, Councilmembers: ALBERT, CUNNINGHAM, HUGHAl\1,
LINK, PATE, TAYLOR and GOODRICH.
NOES, Councilmembers:
None
ABSENT, Councilmembers:
None
APPROVED:
7f~~
Mayor
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