HomeMy WebLinkAboutCC RESO 4075RESOLUTION NO. 4447,7,r-
RESOLUTION OF THE CITY COUNCIL OF 2EE
OITY OF NATIONAL OITY AWARDIEIG SEWER
BONDS, 1946, OF SAID OITY TO THE BEST
BIDDER.
WHEREAS, at the time and place fixed for the
opening of bids for the 4108,000 of the SEWER BONDS,
1946, the City of National City, numbered 1 to
108, inclusive, all bids were publicly opened.,
examined, and read, and a tabulation thereof has
been entered in the minutes; and
WRFREAS, the bid of the bidder hereinafter
named is the highest and best bid made by a re
sponsible bidder for said bonds;
NOW, THEREFORE, the City Council of the City
of National City DOES HEREBY RESOLVE AND DET-FIRMINE
as follows:
Section 1. That the bid of
fering par, accrued
interest to ate of delivery, and a premium of
interest at the rate of per arrum,
payable semiannually, is the highest and best bid
for said bonds. Said bid is hereby- accepted and
the bonds awarded to said bidder in accordance
with the terms of its proposal.
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.
for said 0108,000 of bonds to bear
.Section 3. That the interest rate on said
4106,000 of bonds be and it hereby is fixed at
�9- % per annum, payable semiannually.
Section 4. The City Treasurer is hereby
directed to deliver said bonds to the successful
bidder upon the payment of jar, accrued interest
to date of delivery, and the premium above
stated.
ADOPTED, SIGNE➢ AND A p LOVED this
946.
day of
yo of" the C:
tional City,
(Add usual certificates)
0
PASSED AND ADOPTED by the City Council of the City of National City, California, this..-7th
day of May , by the following vote, to -wit:
AYES: Councilmen Adams,_ Cordingly_,_._Newberry, _--Thete}aer, Fritz.
NAYS: Councilmen None
ABSENT• h.ane
ATTEST •:fig-'
City Clerk.
I hereby approve the foregoing
Resolution
itorltrzsrom
Mayor of the City of National City, fornia.
this 7th day of &ray , 19..46..
ayor of the City of National City,
ifornia.
i hereby certify that the above and foregoing is a full and true copy ofj Resolution No
Ordinance f
of the Resolutions l of the City of National City, California, as adopted by the City Council of said
Ordinances
City, and approved by the Mayor of said City, on the day of 19
City Clerk of the City of National City, California.
Deputy
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k re- • J), ?/J_
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