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• <br /> OFFICIAL NOTICE INVITING BIDS FOR THE PURCHASE <br /> OF BONDS OF THE TOWN OF LOS ALTOS HILLS, COUNTY <br /> OF SANTA CLARA, STATE OF CALIFORNIA, FOR SEWER <br /> ASSESSMENT DISTRICT NO. 2 UNDER THE PROVISIONS <br /> OF THE MUNICIPAL IMPROVEMENT ACT OF 1913 AND <br /> THE IMPROVEMENT BOND ACT OF 1915. <br /> • <br /> NOTICE IS HEREBY GIVEN that sealed proposals will be received <br /> by the City Clerk of the Town of Los Altos Hills, Santa Clara <br /> County, California, at the hour of 3:00 P.M. on the, 3rd day of <br /> March, 1969, for the purchase of $49,237.50 principal amount of <br /> bonds for Sewer Assessment District No. 2. Said bids will be <br /> publicly opened, examined and declared at said time and place. <br /> These bonds are authorized to be issued and the assessments <br /> are authorized to be levied, under the provisions of Resolution <br /> of Intention No. 413 adopted on the 20th day of November, 1967, <br /> as later amended, and proceedings subsequent thereto. The <br /> Resolution of Intention, as amended, provides with relation to <br /> said bonds as follows: <br /> Notice is hereby given that serial bonds to represent the <br /> unpaid assessments, and bear interest at the rate of not to exceed <br /> six per cent (6%) per annum, will be issued here-under in the <br /> manner provided in the Improvement Bond Act of 1915, Division 10 <br /> of the Streets and Highways Code, the last installment of which <br /> bonds shall mature not to exceed fourteen (14) years from the <br /> second day of July next succeeding ten (10) months from their <br /> date. <br /> MATURITIES AND AMOUNTS: Said bonds will be in the total <br /> amount of $49,237.50. All bidders, by submission of a bid, <br /> agree to purchase the total amount of bonds to be issued. <br />