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<br />H <br /> <br />o L UTI 0 H <br /> <br />N O. 2140 <br /> <br />J\\JAHDI1TG SALE <br /> <br />T30NDS - INDUSrrHIAL V1AY rf"IPROVEfviENrl\-3 <br /> <br />D q ':' 0.[ ':TT-1'1) '0 y,. -l'~ '_r-1(-' <br />1 L1..J kJ ___.I ,/,-,-", .'j _ v <br /> <br />Counc11 of Hed\"Jood C1 ty: as fo1lot'Js: <br /> <br />1 . 'I'ha t the <br /> <br />lJ_C conven1ence and necessi t~r requ1re, <br /> <br />that it is in the <br /> <br />st interest of the City of Redwood City, <br /> <br />t the bond:::; heretoJ'ol'C Cl_uthor:Lzed DurCluant to Resol ut:ton of <br /> <br />tcntion <br /> <br />. 1780, adopted by the Council of Redwood Ci <br /> <br />on <br /> <br />October <br /> <br />1 <br /> <br />, be sold at private sale to Hannaford & Talbot <br /> <br />-Vl the terms and concIi tions hereinafter set forth. <br /> <br />~2. t the totc:l.l amo:Hlt of bonds here1n ordered to be <br /> <br />so is the amount of $ J54o.oo~ and said bonds shall bear <br /> <br />interest at the rate of <br /> <br />per annum for bonds maturing July 2, <br /> <br />1 r-;' through .July 2 1 <br />i J <br />1 thrO\1g11 .J1Jly 2 , 1 <br /> <br />2 inclusive, and bonds maturing July 2, <br /> <br />1 1nclus:Lve ~)hall bear intereE3t at the <br /> <br />I"cLt.:C of 3- <br /> <br />per a nnUlrl 4 <br /> <br />3. That said bonds shall be payable to bearer and shall <br /> <br />~ <br /> <br />be livered to Hannaford & Talbot on or before December 10, <br /> <br />1 ,iJpon Hannaford ?: 'I12~lbot' s pay:Lng to the City of Hechloocl <br /> <br />(-~ -' <br />\,/ _.I.. <br /> <br />t~he ;3 um of <br /> <br />0.00 l)lus a premtum of ;1~1. 00, pltlS :Lnter!~;st <br /> <br />~., (' (i <br />cL ',' '-' <br /> <br />from <br /> <br />1':Ll 11,1 <br /> <br />until October 1, lQs6. <br /> <br />Lf . <br /> <br />t satel b <br /> <br />s shall oe dated April 11, 1956 and <br /> <br />.l be iss <br /> <br />in denominations as follows: <br /> <br />and a_n even annual proport1on of such bonds shall mature on <br /> <br />,Ji) ';-? in each year' commencing ,J-!)ly ~?, 1957 and ending .Jtll;T ~~ J <br /> <br />1971 e.::ccept that the <br /> <br /> <br />of bonclD nlattlrlng on July ~?, 1 <br /> <br />11 be in the amount of :;;5, 70~?. C;~? and thereafter annual ma.- <br /> <br />t5J::s ;:311a11 be :Lnthe a.mol.Jnt of ;f) ,702. 6rT . <br /> <br />~f * -x- <br />