HomeMy WebLinkAbout1962-12-11; City Council; Resolution 865*
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‘ Resla of Award-
RESOLUTION NO, 865
RESOLUTION OF THE CITY THE CITY OF AWARDING $ 6%?%8 SAID CITY TO THE BEST BIDDER AND REJECTING ALL OTHER BIDS.
WHEREAS, at the
opening of bids for the $
city of Carlsbad , California, designate
bonds of the
” f
and numbered
a31 bids were publicly opened, examined and read, and a
tabulation thereof has bee red in the
WHEREAS, the bid of the
NOW, THEREFORE, the City Council of the City of
California, DOES HER= RESOLVE,
Section 1, That the bid of
Security First National Bank and Associates
offering par, accrued interest to date of delive
premium of $1.00
payable annually the first year and semiannually thereafter
at the rate(s) oft
,for bonds bearing
Rates Years -
A2iQ-9 19 65 to 1971 u 19 72 to 1973
m
is the bid for said bonds yielding the lowest net interest
cost.
said bidder in accordance with the terms of its proposal.
Said bid is hereby accepted and the bonds awarded to
.
Section 2. That all bids other than the one
accepted in Section 1 hereof are rejected and the City Clerk
is directed to return the checks accompanying said rejected
bids to the respective bidders.
Section 3. That the interest rate(s) on said
bonds is (are) hereby fixed at the rate(s) stated in Sec-
tion 1 hereof.
Section 4. The City Treasurer is hereby directed
to deliver said bonds to the successful bidder upon the pay-
ment therefor and accrued interest to date of delivery, if
0 any.
ADOPTED, SIGNED AND APPROVED this 11th day of
December , 1962.
Carlsbad, California
ATTEST: -\%- CTby Clerk of the City of
.
Carlsbad, California."
(SEAL)
e 0
STATE OF CALIFORNIA COUNTY OF SAN ~UGO ss.
CITY OF CARLSBAD
I, , City Clerk J. H. PRTCE
of the City o rl sb alifornla, DO HEREBY CERTIFY that :he fog&oingdresolut io: was duly adopted by the City Council of said city and was approved by the Mayor of said city at an ad'ourned regular meeting of said City Council held =*day of December lgk, and that it was so adopted as follows: ,
AYES : Councilmen Guevara, Bierce, McPherson
and Hughes.
NOES : Councilmen None
ABSENT: Councilmen Neiswender
Qk- )%<.--
bity Clerk of the City of
(SEAL) Carlsbad, California.