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JdA
<br />Redwood City,.Yovemebsr 5th.I923,7-30 o'cloch P-11.
<br />Regular meeting of the Board of 'Trustees held.
<br />Upon roll call there were present,Trusteos;- President G.!7.11olTulty,C.ii.n'Iabie,H.A.9eeger,
<br />Clerk "1.A.Price ,Absent, Trustees A.E.Monteith,11.D, Ryan.
<br />On motion of Trustee Beeger,seconded by Trustee Mabie and carried the reading of tIa
<br />minutes was dispended with until the Next regular meeting. 3,
<br />On motion off' Trustee Beeger,seconded by Trustee Td6ie and carried the, affidavit of Jas.
<br />ir.Hedge in the matter of Publishing Ordinance IIo.238 was recibived and filed.
<br />The Board of Trustees received the following written sealed bids for the: purchase of the
<br />Municipal Improvement Bonds of I923 of said Torn of Redwood City in the sum of Fifty
<br />thousand(050,000.00) dollars,rrhich bonds were authorized at a special election held in y
<br />said Town on the 16th.day of October,I923,which bids were publicly opened,examined and
<br />declared,as follows,to-wit; a
<br />Bid IIo.I of Wooden & Co,offered for said bonds,par,accrued interest to date of delivery
<br />and a premium of twenty one hundred and twenty nine("M 2I29.00)dollars.
<br />Bid II0.2 of Peirce,Fair & Co offered for said bonds,par,accrued interest to date of del-
<br />ivery and a premium of two thousand and twenty eight( 2028.00)dolltrs.
<br />Bid Ito.3 of Bradford,Kimball P Co.offered for said Bonds,par accrued interest to date of
<br />delivery and a premium of thirteen hundred and seventy-five andg0/I00(I375.g0)dollars.
<br />Bid IIo.4 df Blyth „'Titter & Co offered for said bonds,par,accrued interest to date og
<br />delivery and a premium of two thousand and twelve (;,2012.00) dollars.
<br />Bid ITo.5 of the Bann of Italy offered for said bonds,par,accrued interest to date of
<br />delivery and a premium of seventeen hundred and ninety-two and 50/I00(1d117g2.50)dollars. '
<br />IIo.6 of the First ITational "Bank of Redwood City offered for, said honds par,accrued interest
<br />to date of delivery and a premium of eighteen hundred and seventy-five("�1875-00)dollars.
<br />.11 the foregoing bids were accompanied by a check payable to said Town in the sum :of
<br />five hundred C;500-00) Milars.
<br />Trustee I.Iabte offered the folio:.ing Resolution and moved its adoption, Trustee Bee<?er
<br />seconds the motion.
<br />RESOLUTION OII S,= OF IZETIOIPAL IIIPROVI' BODDS OF 1 23 i
<br />OF THB T01MII OF RRD:1011) CITY. 1 i
<br />Trustee Eabie preents the following Resolution and moves its adoption. h
<br />"JHSR :S, the Board of Trustees of the Torn of Redwood City have been and are nova
<br />authorized to sell the 1unicir--il Imy)roveL:ents Bonds of 1023 of said form in the sum of
<br />fifty thousanc"('50,000.00) dollars,chich bonds were duly and reugul, voted and author-
<br />ized at a speci,,>.l. election held in said Torm of Redwood City on the IEth.day of October
<br />19231 and
<br />"iH?,'R�I.2S, said bonds were voted errld issued under and pursuant to th::t cert: in Act of E
<br />the Legislature of the State of 0alifornia,entitled,11 n 1.ct authorizin; the incurring of
<br />irAA'hterines- by ria .ln;y fin..rnc, .,rro ':'tiC7_-nil Cor'nor,"iorS :?Or 1111nic9.nel j' +n,nr,er+ and
<br />regulating, the abquisition, construction, or'cbmp1eti6n... there.df,,vhich-act is found in the
<br />Statutes of I.002 of California at nage 27,with .gats amendatory thereof, and
<br />:'1HL'IMS, said Board of Trustees are authorized to sell said bonds without advertising
<br />for bids thereon; and
<br />MBREAS,said Board pf Trustees has received several ryritten bids for the purchase of jf^
<br />said bonds.
<br />110:7 TMRDPORD, Bu IT M30=31) by the Board of ^ru tees of the Town of Redwood City Aito.t
<br />all of said bids except thwt next herein be rejected and that said bonds and
<br />tkn entire issue thereof be and the sameare solyd to
<br />r7 J y D ,iJ II & C 0 I.I P .n 1: Y
<br />for the sun %.r.accrued interest to date of delivery anal a premium, of two thoustind one
<br />hundred and twenty nine ('.' 2129.00,said bid being the highest ^md best bid received for -
<br />said bonds. The bonds sold are I00 in nw%ber,nur.,bered from I to IOO,both numbers inclusive,
<br />and are of the denomination of 500.00 each, -nd a�gre^rw-De :fifty thollsUnd C' 50,000.00) �
<br />dollars. 4
<br />nd to it further resolved `.hat the Treasurer of said MD n f Redwood City,apon the
<br />payment o:? ,said sum of ;��,r,ac^ruod interest to (1,Ite of r1ni-Lvery ryazd a pramium of tv10
<br />thousand and ?.11ndred and traenty nine („212 .00) Into tl-ie 110,7m Trolzui ry of said Torn. by
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