Laserfiche WebLink
206 <br />expiration of the specified time if the bidder shall not have given to the Council notice in <br />writing of the withdrawal of such proposal. <br />Promnt Delivery of said bonds will be made to the successful bidder at the office <br />Deliverv: of the City Treasurer in Redwood City,Cali£ornia, as soon as practidable, <br />which it is contemplated will be on or about June 15,1949. <br />Riaht of The successful bidder shall have the right, at his option, to cancel the <br />Cancellation: contract of purchase if the City shall fail to tender the bonds for delivery <br />on or before July 15, 1949, and in such event the successful bidder shall <br />be entitled to the return of the deposit accompanying his bid. IF <br />-7oinm1of Bid: All bids must be unconditional; for not less than all of the bonds hereby <br />offered for sale; and for not less than the par value thereof and accrued <br />interest to date of delivery. Such bids, together with bidders check, <br />must be enclosed in a sealed envelope addressed to the Council of the City of Redwood City and <br />endorsed "Proposal for City of Redwood City 1944 City Plan Bonds, Series C,.and 1949 Sewer Bonds." <br />Bid:Cheek-, With each bid must be submitted certified check or cashier's check for $29000, ' <br />drawn on a bank or trust company transacting business in the State of California, F <br />payable to the order of the City Treasurer of the City -of Redwood City to secure <br />the City from any loss resulting from the failure of the bidder to comply with the terms of his <br />bid. In addition bidders are requested (but not,required) to supply an estimate of the total net <br />'interest cost to the City on the basis of their respective bids, which shall be considered as in. <br />formative only and not binding on either the bidder or the City. Checks of -the unsuccessful <br />bidders will be returned by mail upon the award of the bonds. No interest will be paid upon the <br />deposit made by any successful bidder. <br />FINANCIAL STATEMENT <br />Information relative to the financial condition of-the,City of Redwood City will be furnished <br />to any interested bidder upon request. <br />.."There is no controversy or litigation pending or threatened concerning the validity of the <br />above issue, the corporate existence of the City, or the title of the officers to their respective <br />offices. <br />Dated; May 16, 1949. <br />RALPH S. DODGE <br />City Clerk of the City of Redwood <br />City, State of California. <br />S'eetion 3. This resolution shall take effect immediately. <br />PASSED AND ADOPTED by vote of six(6) members of the Council of the City of Redwood City, <br />this 16th day of May, 1949,by the following vote. <br />AYES: Councilmenr C.A.Britschgi, F.D.Granger, H. E. Holmquist, A.H. Morgan Jr., <br />R. V.Spillers, A.V.Swi£t. <br />NOES Councilmen: None <br />ABSENT:- Councilmen: W. M. Werder. <br />Flo.d D. Granger._ <br />Acti1% Mayor of the Ci ' <br />City of Redwood City <br />California. <br />ATTEST-. <br />Richard D..Miller.. <br />City Clerk Pro—Tem <br />Presented to and approved by me this 24th day of May, 1949. <br />W. M. WERDER <br />Mayor of the City of Redwood City,California. <br />APPOINTMENT TO CHARTER STUDY COMMITTEE. Councilman Holmquist moved this be put over until the next <br />regular meeting, seconded by Councilman Morgan and carried. <br />BLANDFORD BOULEVARD ISLANDS. As Councilman Britschgi and Mayor Warder were going to look over this <br />project with the City Engineer -and had not done•sa, this was placed.on the agenda for the next , <br />meeting. <br />ABATEMENT SEEGER PROPERTY. Building Inspector Duncan reported again that Mr. Beeger stated he would <br />