1961-6818Include
names
of all
members
of a
syndi-
cate
RESOLUTION NO. 6818
RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ANAHEIM
AWARDING 1,7135,000 BONDS OF
SAID CITY TO THE BEST BIDDER AND
REJECTING ALL OTHER BIDS.
WHEREAS, at the time and place fixed for the
opening of bids for the 1,785,000 bonds of the
City of Anaheim California, designated
MUNICIPAL IMPROVEMENT BONDS, ELECTION 1960. SERTRS R,
and numbered 1 to 1,785 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 hereinafter named
is the best bid made by a responsible bidder for said bonds;
NOW, THEREFORE, the City Council of the City of
Anaheim California, DOES HEREBY RESOLVE, DETER-
MINE AND ORDER as follows:
at the rates of:
Section 1. That the bid of
SECURITY FIRST NATIONAL BANK and Associates
offering par, accrued interest to date of delivery and a
premium of 2,020.00 for said bonds to bear interest
payable annually the first year and semiannually thereafter
Rate Years
6, 0 19 62 to 19 66
3.60 19 67 to 19 80
1. 1981 to19
19 to 19
19 to 19
is the bid for said bonds yielding the lowest net interest
cost. Said bid is hereby accepted and the bonds awarded
to said bidder in accordance with the terms of its proposal.
Section 2. That all bids other than the one
accepted in Section 1 hereof are rejected and the City
Clerk is directed to return the checks accompanying said
rejected bids to the respective bidders.
Section 3. That the interest rate(s) on said
bonds is (are) hereby fixed at the rate(s) stated in
Section 1 hereof.
Section 4. The City Treasurer is hereby
directed to deliver said bonds to the successful bidder
upon the payment of par, accrued interest to date of
delivery and the premium above stated.
ADOPTED, SIGNED AND APPROVED this 12th day of
April 1961.
yCer o eC y
Anaheim, California
(SEAL)
2.
Mayor of 14'fe City of
Anaheim, California
STATE OF CALIFORNIA
COUNTY OF ORANGE S$.
CITY OF ANAHEIM
I, DENE M. WILLIAMS City Clerk
of the City of Anaheim California, DO HEREBY
CERTIFY that the foregoing resolution was duly adopted
by the City Council of said city and was approved by the
Mayor of said city at an adjourned regular meeting of
said City Council held on the 12th day of April
19 61, and that it was so adopted as follows:
(SEAL)
AYES: Councilmen Chandler, Fry, Thompson and
Schutte.
NOES: Councilmen None.
ABSENT: Councilmen Coons.
3.
y er o t e ty
Anaheim, California