Loading...
1943-133013 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 1 2 3 4 5 6 7 8 9 10 11 12 14 RESOLUTION NO. 1330 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM PROVIDING FOR THE PURCHASE OF CERTAIN WAR SAVINGS BONDS WITH MONIES FROM THE CAPITAL OUTLAYS FUND WHEREAS, the City Council of the City of Anaheim finds and determines that said City of Anaheim has surplus money in its Capital Outlays Fund in the amount of Thirty -seven Thousand 37,000.00) Dollars, which is not required for the immediate necessities of said City; and WHEREAS, said City Council finds and determines that it will be for the best interests of said City to invest said surplus money in War Savings Bonds offered for sale by the government of the United States of America; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANAHEIM: 1. That the City of Anaheim forthwith purchase United States War Savings Bonds known and designated as Series F -1942 with a total maturity value of Fifty Thousand ($50,000.00) Dollars. 2. That the bonds so to be purchased shall consist of Ten (10) bonds with a denomination or maturity value of Five Thousand (,5,000.00) Dollars each. 3. That the total amount to be paid for such bonds shall be Thirty -seven Thousand ($37,000.00) Dollars, which amount shall be paid out of the Capital Outlays Fund of said City of Anaheim with the Southern County Bank of Anaheim, California, That warrants be drawn upon the City Treasurer for the payment of moneys out of the account described in the immediate preceding Paragraph 3 in accordance with the provisions of said Paragraph 3. 5. That application for the purchase of said bonds be made to Federal Reserve Bank of San Francisco, San Francisco, California, such application to be made through the facilities of Anaheim Branch of Bank of America National Trust and Savings Association. 1 10 11 12 13 14 1 2 4 5 6 7 8 9 6. That said application for the purchase of said bonds shall be made by the City of Anaheim through its Mayor, Chas. A. Pearson, who is hereby authorized and instructed to make such application in accordance with the terms of this Resolution, and is authorized to sign the name of said City of Anaheim to such application. 7. That said bonds shall be purchased and registered in the name of said City of Anaheim as follows: "City of Anaheim, a Municipal Corporation of the State of California." S. That said City Council elects and desires to have said bonds, so to be purchased, held in safekeeping, without charge, by the Secretary of the Treasury, and hereby authorizes said Mayor to make arrangements at the time of the purchase of said bonds to have said bonds so held, with instructions to have said bonds held for safekeeping through the facilities of said Federal Reserve Bank of San Francisco, that bank being a fiscal agent of the United States. 9. That at any time in the future, or from time to time, as the needs of the City of Anaheim shall require, any of the bonds so purchased shall be redeemed by said City through its City Coun- cil which shall take such steps as are necessary to effect the redemption of all or any of said bonds, at or before maturity, and shall designate the officer of the City of Anaheim who shall be authorized to make such redemption on behalf of said City. 10. That all monies received upon the redemption of any and all of said bonds, at or before maturity, shall be forthwith placed in said Capital Outlays Fund. The foregoing resolution is approved and signed by me this 13th day of April, 1943. Y erkof th ity of Anaheim 2 Mayor of the City of Anaheim 1 0 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 1 2 3 4 5 6 7 8 9 STATE OF CALIFORNIA) COUNTY OF ORANGE es. CITY OF ANAHEIM I, Charles E. Griffith, City Clerk of the City of Anaheim, do hereby certify that the foregoing resolution was passed and adopted at a regular meeting of the City Council of the City of Anaheim, held on the 13th day of April, 1943, by the following vote: AYES: NOES: ABSENT: COUNCILMEN, COUNCIUIEN, COUNCILMEN, Pearson, Van Wagoner, Barnes, Boney, Sheridan None None And I further certify that the Mayor of the City of Anaheim approved and signed said resolution on the 13th day of April, 1943. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 13th day of April, 1943.