Resolution 1983-44
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4895A-185a
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WM.PDA:rva
03/28/83
l2c
RESOLUTION NO. 83- 44
A RESOLUTION AWARDING SALE OF BONDS
EAST NINTH STREET ET AL. ASSESSMENT DISTRICT 83-l
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 No. 80-7l of Preliminary Determination and of
Intention, adopted on August 4, 1980, as amended, 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. 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 6th day of June,
1983, by the following vote of the members thereof:
AYES, and in favor thereof, Councilmembers: ALBERT, GAGE, LINK,
TAYLOR, VALDEZ and GOODRICH.
NOES, Councilmembers:
None
ABSENT, Councilmembers:
HUGHAN
2/4anw)
City Clerk of
APPROVED:
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RESOLUTION NO. 83 -44