Resolution 1981-49
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6945A-277a
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~PDA: rva 04/20/81 I2c
RESOLUTION NO. 81- 49
A RESOLUTION AWARDING SALE OF BONDS
OBATA INDUSTRIAL PARK ASSESSMENT DISTRICT
RESOLVED, by the City Council of the City of Gilroy, California,
that
WHEREAS, this Council determined to issue serial bonds to
represent unpaid assessments in proceedings conducted under and pursuant
to its Resolution of Intention No. 80-104, adopted on October 27, 1980;
and
WHEREAS, the City Clerk has received a written offer for the
purchase of the bonds to represent said unpaid assessments, and, in the
opinion of this Council, the best interests of the assessment district
will not be served by soliciting additional offers therefor;
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. It is hereby ordered that said bonds be prepared in
accordance with the proceedings of this Council and that the same 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.
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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 18th day of May,
1981, by the following vote of the members thereof:
AYES, and in favor thereof, Councilmembers: ALBERT, HUGHAN, LINK,
PATE, TAYLOR and GOODRICH.
NOES, Councilmembers:
None
ABSENT, Councilmembers:
CUNNINGHAM
APPROVED:
1!~~Jk..~
Mayor