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<br />RESOLUTION NO. 2156 <br /> <br />RESOLUTION OF THE COUNCIL OF THE CITY OF REDWOOD CITY <br /> <br />I' <br /> <br />SELLING ftCITY OF REDWOOD CITY 1956 POLICE STATION BONDS. <br /> <br />WHEREAS, the Council of the City of Redwood City <br />heretofore duly authorized the issuance of $150,000 principal <br />amount of bonds of the City of Redwood City to be known as <br />HCity of Redwood City 1956 Police Station Bonds", all dated <br />December 15, 1956, and further duly authorized the sale of <br />said bonds at public sale to the highest bidder therefor; and <br />WHEREAS, notice of the sale of said bonds has been <br />duly given in the manner prescribed by said Council by <br />resolution and the following bids for said bonds were and are <br />the only bids received by said Council, to wit: <br /> <br />Name of Bidder <br /> <br />Net Interest <br />Cost to City <br /> <br />Bank of America NT&SA <br />Blyth & Co. <br /> <br />staats & Co. <br /> <br />i$4,921.00 <br /> <br />#55,989.00 <br /> <br />159,290.00 <br /> <br />$60,102.50 <br /> <br />$66,944.00 <br /> <br />~erican Trust Go. <br /> <br />Union Safe Deposit Bank <br /> <br />1 <br />