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RESOLUTION NO. 523
A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF
LOS ALTOS HILLS AWARDING SALE OF BONDS , TOWN OF LOS ALTOS
HILLS , SEWER ASSESSMENT DISTRICT NO . 5 .
RESOLVED, by the City Council of the Town of Los Altos
Hills , California, that
WHEREAS, pursuant to Resolution of Intention No . 480,
adopted by said Council on October 7 , 1968, and its
resolution calling for bids on the sale of bonds adopted
pursuant thereto, notice of said sale has been. duly given;
WHEREAS, at the time and place fixed therein for
receiving bids for the purchase of said bonds , said bids
were received and publicly opened, examined and declared;
NOW, THEREFORE, IT IS ORDERED as follows :
1. That all written bids received for the purchase
of said bonds , excepting the bids herein stated, be, and
they are hereby, rejected, and that said bonds be, and
they are hereby, ordered sold to First California Company,
Incorporated, 300 Montgomery Street, San Francisco, California, 94120,
as the highest responsible bidder therefor, said sale to be
subject to all of the terms and conditions set forth in the
Notice of Sale of said bonds and in said accepted bid.
2 . That the Treasurer be, and he is hereby, directed
to have said bonds printed forthwith, and that the same be
iunuediately signed, sealed and delivered to said bidder on
receipt of the amount therefor and upon the performance of
the conditions contained in said written offer.
3. That the interest rates of said bonds be, and the
same are hereby, fixed at the rates stated in said bid.
LAGORIO & FAISANT
.7 *
ATTORNEYS AT LAW _
300 THIRD STREET
LOS ALTOS, CALIF.
940-0200
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I HEREBY CERTIFY that the foregoing Resolution was
regularly adopted at a Regular Adjourned Meeting of the City
Council of the Town of Los Altos Hills held on the 22nd day of
April, 19699 by the following roll call vote:
AYES: Councilmen Benson, Fowle, Mayor Aiken
NOES: None
ABSENT: Councilmen Helgesson, Davey
ATTEST:
DENNIS" R. LAHR-
City Clerk-Treasurer
Town of Los Altos Hills
APPROVED:
(
WM. ROSS AIKEN
Mayor • .
Town of Los Altos Hills
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