1969/04/21 City Council Resolution (7)WJM&T
_LJ:JS:grl 3-14-69 l0 `v
RESOLUTION NO. 69-40
A RESOLUTION AWARDING SALE OF BONDS
CORDING LAND UNIT 1 ASSESSMENT DISTRICT 1968-1
RESOLVED, by the City Council of the City of Rohnert Park,
California, that
WHEREAS., this Council has received a proposal from
Stone & Youngberg to purchase bonds to be issued to repre-
sent unpaid. assessments to be levied in proceedings to be had. under
Resolution of Intention No. 68-45, adopted May 6, 1968, as subse-
quently amended;
NOW, THEREFORE,, IT IS ORDERED., as follows:
1. That upon consummation of special assessment district
proceedings, said bonds be, and they are hereby, ordered sold to
Stone & Youngberg sal said sale to be
subject to all of the terms and conditions set forth in said
accepted bid.
2. That the City Treasurer be, and he is hereby, directed
to have said bonds printed., upon confirmation of the assessment
and expiration of the payment period, and that the same be imme-
diately signed, sealed and delivered to said bidder on receipt of
the amount therefor as above stated and upon the performance of the
conditions stated in said written offer.
3. That the interest rate of said bonds be, and the same
is hereby, fixed at the rate stated in said bid,
I hereby certify that the foregoing is a full, true and
correct copy of a resolution duly passed and adopted by the
City Council of the City of Rohnert Park, Sonoma County,
California, at a meeting thereof held on the 21st day of
April , 19 69, by the following vote of the
members thereof:
AYES, and in favor thereof, Councilmen: (5) Buchanan,
Hopkins, Roberts, Smith & Rogers
NOES, Councilmen: (03 None
ABSENT, Councilmen: (0) None
Deputy Ca.ty Clerk