72R-112
,~
RESOLUTION NO. 72R-112
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ANAHEIM, CALIFORNIA, AWARDING
$8,000,000 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 $8,000,000 bonds of the City of Anaheim
designated l'Electric Revenue Bonds, Issue of 1972" and
numbered 1 to 1600, 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 DOES HEREBY RESOLVE, DETERMINE AND ORDER as follows:
SECTION 1. That the bid of JOHN NUVEEN & CO. offering
par, accrued interest to date of delivery and a premium of
$2,075.00 for bonds bearing interest payable annually the
first year and semiannually thereafter at the rates of:
f'.......",~
RATES YEARS
7 .00% 1973-1981
6.20% 1982
4.60% 1983
4.70% 1984
4.80% 1985
4.90% 1986
5.00% 1987
5.10% 1988-1989
-1-
",--
RATES
5.20%
2 . oo~o
YEARS
1990-1991
1992
is the bid for said bonds yielding the lowest net interest
cost. Said bid is hereby accepted and the bonds awarded to
said best bidder in accordance with the terms of the 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 rates on said bonds are
hereby fixed at the rates stated in Section 1 hereof.
SECTION 4. That the City Treasurer is hereby directed
to deliver said bonds to the successful bidder upon payment
therefor and accrued interest, if any, to date of delivery.
ADOPTED, SIGNED AND APPROVED this 28th day of March,
1972.
(;k&OF ~ci~~
(SEAL)
ATTE ST :
~,..,-...."
-2-
-
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHE 1M )
I, DENE M. DAOUST, City Clerk of the City of Anaheim,
California, do hereby certify that the foregoing Resolution
No. 72R-1l2 was introduced and adopted at a regular meeting
provided by law, of the City Council of the City of Anaheim,
held on the 28th day of March, 1972, by the following vote
of the members thereof:
AYES:
COUNCILMEN Roth, Stephenson, Pebley, Thorn and Dutton
NOES:
COUNC ILMEN None
ABSENT :
COUNCILMEN None
AND I FURTHER CERTIFY that the Mayor of the City of
Anaheim approved and signed said Resolution No. 72R-112 on
the 28th day of March, 1972.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the official seal of the City of Anaheim this 28th
day of March, 1972.
~ ". ~ )
.. L1/~
.. C~ OF THE CITY OF ANAHEIM
",,-
(SEAL)
I, DENE M. DAOUST, City Clerk of the City of Anaheim, do hereby
~ertify that the foregoing is the original of Resolution No. 72R-112
duly passed and adopted by the Anaheim City Council on March 28, 1972.
~)n
L__r-
City Clerk
-3-