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<br />,z. ' <br /> <br />... <br />.' <br /> <br />. <br /> <br />. <br /> <br />If for the Reclamation Bonds only, "Proposal for <br />Redwood City General Improvement District <br />No. 1-64 1964 Reclamation Bonds"; <br /> <br />If for the Facilities Bonds only, "Proposal for <br />Redwood City General Improvement District <br />No. 1-64 1964 Facilities Bonds"; <br /> <br />If for all of the bonds, "Proposal for Redwood <br />City General Improvement District No. 1-64 <br />1964 Reclamation and Facilities Ronds." <br /> <br />BID CHECKS: With each bid must be submitted a separate <br />certified check or cashier's check for <br />each issue bid for drawn on a bank or <br />trust company transactin~ business in the State of California, <br />payable to the order of the Treasurer of the City to secure <br />the District from any loss resultin~ from the failure of <br />the bidder to comply with the terms of his bid. Said check <br />or checks must be in amounts as follows: <br /> <br />Reclamation Bonds <br />Facilities Bonds <br /> <br />$ 5,000 <br />$20,000 <br /> <br />Checks of the unsuccessful bidders will be returned by mail <br />promptly following the sale date specified above. No inter- <br />est will be paid upon the deposit made by any bidder. <br /> <br />NET INTEREST COST: Each bidder is requested (but not required) <br />to supply an estimate of the total net <br />interest cost to the District on the <br />basis of each bid made by him, which shall be considered <br />as informative only and not bindin~ on either the bidder or <br />the District. <br /> <br />NO LITIGATION: There is no controversy or liti~ation <br />pendin~ concernin~ the validity of the <br />bonds, the existence of the District or <br />the title of the officers of the City to their respective <br />offices, and the City will furnish to each successful bidder <br />a no-litigation certificate certifying to the foregoing as of <br />and at the time of the delivery of the bonds of each issue. <br /> <br />OFFICIAL <br />STATEfJIENT: <br /> <br />The City has prepared an Official State- <br />ment'relating to the bonds, copies of <br />which will be furnished upon request to <br />or to Stone & Youngberg, 1314 Russ Building, <br />California 94104, the City's financing <br /> <br />the City Clerk <br />San Francisco, <br />consultants. <br /> <br />Dated: June 23, 1969. <br /> <br />City Clerk of the City of Redwood City <br /> <br />16 <br />