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y <br />p <br />MINUTES OF REGULAR ADJOURNED MEETING <br />REDWOOD CITY COUNCIL <br />OCTOBER 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 />I; <br />�I <br />a <br />i <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 - 19+6-49, through Stone & <br />Youngberg, San Francisco, and buy of Stone & Youngberg 1915 Act Bonds -oar value <br />$12,210.72 at 90 flat. <br />Adjournment. <br />BEM: MR <br />d/•�.k <br />City Clerk <br />