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OFFICIAL NOTICE OF SALE CITY OF REDWOOD. CITY 1944 CITY PLAN BONDS, SERIES B. NOTICE IS HEREBY GIVEN that sealed proposals will be received by the Council of the City of Redwood City, state of California, at the office of the City Clerk thereof, City Hall, Redwood City, California, on THURSDAY, APRIL 15, 1948, at the hour of 11:00 A. M. (C.D.S.T.) for the purchase of $600,000 principal amount of bonds of the City designated "City Of Redwood City 1944 City Plan Bonds, Series B,II more particularly described below. Said Series B Bonds constitute part of the.halance of an issue of $998,000 aggregate princi- pal amount authorized at an election held in said City of Redwood City on November 7, 1944. $200,000 principal amount of said authorized issue, designated Series A, have heretofore been issued and sold. The remaining $198,000 principal amount of bonds of said authorized issue will not be issued or sold prior to September 1, 1948. ISSUE: $600,000, consisting of 600 bonds of the denomination of $1,000 each, numbered Bl to B6oo, both inclusive, all dated June 15, 1948, and designated ttSerles B. tt INTEREST RATE: Maximum five (5) per cent. per annum, pay- able semi-annually on June 15th and December 15th in each year. Bidders must specify the rate of interest which the bonds hereby offered for sale shall bear. Bidders will be permitted to bid different rates of interest and to split rates irrespective of the maturities of said bonds. The interest rate stated in the bid must be in a multiple of one-quarter of one per cent. per annum, payable semi-annually. MATURITIES: Said Series B Bonds mature serially in consecutive numerical order, from lower to higher, $30,000 principal amount on June 15th in each of the years 1949 to 1968, both inclusive. PAYMENT: Both principal and interest payable in lawful money of the United States of America at the office of the Treasurer of the City, in Redwood City, California. 2