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HomeMy WebLinkAbout515 • RESOLUTION NO. 515 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS APPROVING DATE, DENOMINATIONS AND REDEMPTION SCHEDULE FOR BONDS , SEWER ASSESSMENT DISTRICT NO. 5 . RESOLVED, by the City Council of the Town of Los Altos Hills , California, that the bonds to be issued for Sewer Assessment District No. 5 , under the provisions of Resolution of Intention No. 480, adopted October 7, 1968, and proceedings subsequent thereto shall be dated May 5 , 1969 , and that the redemption schedule therefor shall be that specified in Exhibit A attached hereto and by this reference incorporated herein. AND BE IT FURTHER RESOLVED that all bonds will be in $1,000.00 denominations . * * * * I HEREBY CERTIFY that the foregoing is a full, true, and correct copy of a resolution duly passed and adopted at a regular meeting of the City Council of the Town of Los Altos Hills held on March 17 , 1969, by the following roll call vote : AYES : Councilmen Benson, Davey, and Helgesson; Mayor Aiken NOES : None ABSENT: Councilman Fowle ATTEST: City Clerk APPROVED : f „ LAGORICI & FAISANT Mayor ATTORNEYS AT LAW 300 THIRD STREET LOS ALTOS. CALIF. 948-8200 EXHIBIT A . • I l,.,, The maturity schedule on the bonds will be as follows: Maturing Bond Numbers July 2 Amount Inclusive Each Year Maturing 1-14 1970 $ 14,000.00 15-�5 1971 11,000.00 26-36 1972 11,000.00 37-47 1973 11,000.00 48-58 1974 11,000.00 59-69 1975 11,000.00 70-80 1976 11,000.00 81-91 1977 11,000.00 92-102 1978 11,000.00 103-113 1979 11,000.00 114-124 1980 11,000.00 125-135 1981 11,000.00 5 136-146 1982 11,000.00 147-157 1983 11,000.00 158-168 1984 11,000.00 $168,000.00