HomeMy WebLinkAboutRESOLUTIONS - 09102004 - 71-575 R;ESOLUT I ON NO. 71/575
RESOLUTION AUTHORIZING SALE OF BONDS
WHEREAS, the Board of Supervisors of the County of
Contra Costa, State of California, has received a written proposal
from A. M. PALMER offering to purchase improvement bonds to be issued
by the County of Contra Costa to represent unpaid assessments levied
pursuant to the Resolution of Intention for Assessment District
No, 1970-=2, Pacheco Drainage, adopted by the Board of Supervisors
of the County of Contra Costa on the 25th day of May, 1971, for
payment of the improvements and acquisitions and all of the inci-
dental expenses in connection therewith, in said Assessment District
No. 1970-2 , Pacheco Drainage, ; and
WHEREAS, it is the opinion of this Board that the public
interest and convenience will be served by accepting the offer of
the said A. M. PALMER dated August 31, 1971, and will also be served
by selling the said bonds at the price therein named;
NOW', THEREFORE, IT IS HEREBY ORDERED that the proposal
of A.M. PALMER dated August 31, 1971, be, and . the same is hereby
accepted and that the bonds be, and they are hereby ordered sold
to A.M. PALMER in the amount and subject to the terms and condi-
tions stated in the bid of the said A. M. PALMER.
BE IT FURTHER RESOLVED that the interest rate of said
bonds be, and the same is hereby fixed at the rate stated in said
bid, and that said bonds shall be dated the 2nd day of September,
1971, and shall bear interest from said date.
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RESOLUTION NO. 71/575
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I HEREBY CERTIFY that the foregoing resolution was duly
and regularly adopted by the Board of Supervisors of the County
of Contra Costa, State of California, at a regular meeting thereof
held on the 31st day of August, 1971, by the following vote, to wit:
AYES : Supervisors—A.M. W192-3 J. Ex-MRriart;y., E. A. Linscheid.
J. P. Kenny.
NOES : Supervisors one,
A,BSENT- Supervisorsjj.',j,_N., B2ggesis.
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