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II/ • <br /> RESOLUTION NO. 523 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF <br /> LOS ALTOS HILLS AWARDING SALE OF BONDS , TOWN OF LOS ALTOS <br /> HILLS , SEWER ASSESSMENT DISTRICT NO . 5 . <br /> RESOLVED, by the City Council of the Town of Los Altos <br /> Hills , California, that <br /> WHEREAS, pursuant to Resolution of Intention No . 480, <br /> adopted by said Council on October 7 , 1968, and its <br /> resolution calling for bids on the sale of bonds adopted <br /> pursuant thereto, notice of said sale has been. duly given; <br /> WHEREAS, at the time and place fixed therein for <br /> receiving bids for the purchase of said bonds , said bids <br /> were received and publicly opened, examined and declared; <br /> NOW, THEREFORE, IT IS ORDERED as follows : <br /> 1. That all written bids received for the purchase <br /> of said bonds , excepting the bids herein stated, be, and <br /> they are hereby, rejected, and that said bonds be, and <br /> they are hereby, ordered sold to First California Company, <br /> Incorporated, 300 Montgomery Street, San Francisco, California, 94120, <br /> as the highest responsible bidder therefor, said sale to be <br /> subject to all of the terms and conditions set forth in the <br /> Notice of Sale of said bonds and in said accepted bid. <br /> 2 . That the Treasurer be, and he is hereby, directed <br /> to have said bonds printed forthwith, and that the same be <br /> iunuediately signed, sealed and delivered to said bidder on <br /> receipt of the amount therefor and upon the performance of <br /> the conditions contained in said written offer. <br /> 3. That the interest rates of said bonds be, and the <br /> same are hereby, fixed at the rates stated in said bid. <br /> LAGORIO & FAISANT <br /> .7 * <br /> ATTORNEYS AT LAW _ <br /> 300 THIRD STREET <br /> LOS ALTOS, CALIF. <br /> 940-0200 <br /> -1- <br />