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156 <br /> MINUTES OF REGULAR ADJOURNED MEgTING <br /> REDWOOD CITY COUNCIL <br /> OCTOB re 14 , 1935 <br /> 7: 30 P . M. <br /> Upon roll call , the following Councilmen were present : Mayor , C . G. Lambert , J. M. Eva, <br /> E. A. Fletcher , R. N. Jones , P. A. McCarthy , G. W. McNulty. City Clerk , B. E . Myers . <br /> Absent : Councilman L. C . Christensen. <br /> The City Attorney presented for introduction an ordinance providing for issuance of <br /> $425 ,000 . 00 principal amount of Municipal Investment Bonds of 1935 of the City of <br /> Redwood City; prescribing the date and form of said bonds and of the coupons <br /> attached thereto ; fixing the maximum rate of interest on said bonds , and pre- <br /> scribing the maturities thereof; authorizing the execution of said bonds and <br /> coupons , and providing for the levy of a tax to pay the principal and interest <br /> thereof. <br /> The Treasurer , on motion of Councilman McCarthy , seconded by Councilman Fletcher , was <br /> instructed to obtain certificate of ownership before paying any 1915 Act Bonds or <br /> Coupons. <br /> On motion of Councilman Eva, seconded by Councilman Fletcher , the Treasurer was instructed <br /> to sell at market $10 , 000. 00 par value U. S. Treasury 3 ' s - 1946-4g , through Stone & <br /> Youngberg , San Francisco , and buy of Stone & Youngberg 1915 Act Bonds par value <br /> $12 , 210. 72 at 90 flat . <br /> Adj ournment . <br /> I <br /> City Clerk /' <br /> BEM : MR <br />