Res29 unnumbered - Laserfiche WebLink

Browse Search

1" .. ,< .,. ".....,.~\ '\~-~ If ,41<J)e:"-1(. Counoilman MoCarthy presents the following resolution and moves its adoption: WHEREAS, the Council of the City of Redwood City did, on the 3rd day of June, 1929, at a regular meeting of said Counoil, pass and adopt a motion determining that the Munioipal Improvement Bonds of 1929, dated May 20th, 1929, of said City, in the amount of Fifty- five Thousand ($55,000.00) Dollars, being the bonda issued for cer- tainmunicipal improvements in said City in pursuance of a speoial election held in said City on the 9th day of April, 1929, be sold . at private sale on the 17th day of June, 1929, at the hour of 8:00' o'clock P.M. of said day; and whereas, the Clerk of the City of Redwood City did notify a number of the bond companies who usually , purohase municipal bonds of the . time and place of said sale; and whereas, the Clerk of the City of Redwood City did notify the State. Board of Control and the State Treasurer of the State of California < at Sacramento of the time and place of the sale of said bonds, as required by law; and . WHEREAS, this is the time and place fixed for the sale of said bonds, and said Council of the City of Redwood City having received a bid from R. H. Moulton & Company offering to take all of said bonds and to pay therefor par, accrued interest to date of delivery and a premium in the sum of Six Hundred Eighty-nine ($689.00) Dollars, and which said bid of R. H. Moultpn & Company appearing to said Council to be the highest and best bid for said bonds: NOW THEREFORE, BE IT RESOLVED by the Council of the City of Redwood City that the bid of R. H. Moulton & Company for the whole issue of said Municipal Improvement Bonds of 1929, dated May 20th, 1929, of said Oity, numbered from 1 to 80, both numbers inclusive, aggregating Fifty-five Thousand ($55,000.0_0) Dollars, be and the.y are hereby sold to R. H. Moulton & Company for par, accrued to date of delivery and a premium of Six Hundred Eighty-nine