CC Resolution No. 1381-20 . r •
WJML:KIJ:gt 3/22/67 15c
RESOLUTION N0. 1381- zo
A RESOLUTION AWARDING SALE OF BONDS
DeANZA ET AL. IMPROVEMENT PROJECT 66-1
RESOLVED, by the City Council of the City of Cupertino,
California, that
WHEREAS, pursuant to Resolution of Intention No. 1381-3, adop-
ted by said Council on January 3, ~967, and its Resolution calling
for bids on the sale of bonds pursuant thereto, adopted on March 8,
1967, notice of said sale has been duly given;
WHEREAS, said bids have been received by the City Clerk, as
fixed in said notice, and have been publicly opened, examined and
declared, and have been referred to this Council for consideration;
and
WHEREAS, this is the time and place fixed in said notice for
considering the bids for the purchase of said bonds;
NOW, THEREFORE, IT IS ORDERED, as follows:
1. That all written bids received for trie purchase of said
bonds, excepting the bid herein stated, be, and they are hereby,
re,jected, and that said bonds be, and they are hereby, ordered sold
to iaylor & Co, for Series 1967-1-A -?tobert E. Schrreser Co. for Series 1967-1-8 '
as the highest responsible bidderctherefor, said sale to be sub~ect
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 City Treasurer be, and he is hereby, directed to
have said bonds printed forthwith, and that the same be immediately
signed, sealed and delivered to said bidderson receipt of the
amount therefor and upon the performance of the conditions contained
in said written offer.
3. That the interest rate of said bonds be, and the same is
hereby, fixed at the rate stated in said bid.
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