71R-251
4/64
.
RESOLUTION NO. 71R-251
RESOLUTION OP THE CITY COUNCIL OF THE
CITY OF ANAHEIM , CALIFORNIA,
AWARDING $ 2,000-,000 BONDS Oli' SAID
CITY TO THE BES"J.' BIDDER AND REJECTING
ALL OTHER BIDS.
WHEREAS, at the time and place fixed for the
opening ot bids tor the $2,000,000
bonds or the
City of
Anaheim
, California, designated
WATER REVENUE SERIES 1971 BONDS
and numbered
1
to
400
, both inclusive,
all bids were publicly opened, examined and read, and a
tabulation thereof has been entered in the minutes) and
WHEREAS, the bid of the bidder hereinatter named
1s the best bid made by a responsible bidder for sald bonds)
NOW, THEREFORE, the 01 ty Council ot the 01 ty of
Anaheim
, California, DOES HEREBY RESOLVE, DETER-
MINE AND ORDER as follows:
Section 1. That the bid of WEEDEN & COMPANY
offering par, accrued interest to date of delivery and a
preml\DD ot $ 4,000.00
for bonds bearing interest pay-
able annually the first year and semiannually thereafter at
the rate(s) of:
Rates
Years
6
-
-
SC
-
-
19 72 to 19 77
-
4.40
4.50
4.60
4.75
4.90
%
1978 to 19
- -
1979 to 19
- -
1980 to 19
- -
19 81 to 19
- -
19~ to 19_
19~ to 19~
5 %
4r/64:
is the bld tor said bonds yielding the lowe.t net 1nterest
cost. Sald bid is hereby accepted and the bonds awarded
to said best bidder in accordance with the terms or the
proposal.
Sectlon 2. That all bids other than the one
accepted in Section 1 hereof are rejected and the Clty
Clerk is directed to return the ohecks accompanying said
rejected bids to the respective b1dders.
Section 3. Th. t the interest rate(s) on said
bonda is (are) hereby fixed at the rat.Ce) stated in
Section 1 hereof.
Section 4. That the City Treasurer 18 hereby
directed to deliver 8a1d bonds to the succes.ful bidder
upon payment theretor and accrued intereat, it any, to
date ot de11very.
ADOPTED, SIGNED AND APPROVED this 15th
, 19..l.l..
day or
JunQ
A~T: ~.
~?1, t~ or
Anaheim
(SEAL)
2.
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF ANAHEIM
I
...
I, DENE M. DAOUST J Clty Clerk
of the City of Anaheim , California, DO HEREBY
CERTIFY that the foregoing resolution ... dUly adopted
by the Cit~ Council of said city and ... approved by the
Mayor/~-8i"d city at a -------------- regular meeting of
said City Council held on the 15th day of June
19 71 , and that it was 80 adopted as follows:
,
AYES:
Councilmen Roth, Pebley, Thom and Stephenson
NOES:
ABSENT:
Counc lImen None
Councilmen Dutton
(SEAL)
y~ JJt. i~
y Clerk o~ the City of
Anaheim, California
I, DENE M. DAOUST, City Clerk of the City of Anaheim, do.
hereby certify that the for"egoing is the original of Resolution No.
7lR-251 duly passed and adopted by the Anaheim City Council on
June 15, 1971.
I
~.
~~-,\(~.
');1 L
City Clerk