HomeMy WebLinkAbout1969-09-02; City Council; Resolution 16491
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RESOLUTION NO. 1649
A RESOLUTION OF THE CITY THE CITY OF CARLSBAD AUTHORIZING AND DIRECTING THE BORROWING OF MONEY AND THE ISSUANCE OF A PROMISSORY NOTE.
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PROMISSORY NOTE
$300,000.00 September 1, 1969
FOR VALUE RECEIVED, the City of Carlsbad, a Municipal Corporation
of the State of California, promises to pay to
UNITED STATES NATIONAL BANK at its Carlsbad Office, Plaza Camino Real
2575 El Camino.
on January 15, 1970, a sum of THREE HUNDRED THOUSAND and no/100 DOLLARS
($300,000.00 ) with interest thereon at the rate of 5.5%
per annum from September 15, 1969 to January 15, 1970. Both principal and
interest shall be payable in lawful money of the United States of America.
City of Carlsbad, A Municipal Corporation
of the SJalfiLof California
ATTEST:
MAtfGARJET E. ADAMS,
City Blerk