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RESOLUTION NO. 92/687
RESOLUTION ORDERING SALE OF BONDS
KENSINGTON ROADS IMPROVEMENT ASSESSMENT DISTRICT AD 1991-1
The Board of Supervisors of the County of Contra Costa
resolves:
The Board of Supervisors accepts the bond bid offer of
PRUDENTIAL SECURITIES, INC. (attached to this resolution and by
reference incorporated in it) to purchase all of the improvement
bonds to be issued in Kensington Roads Improvement Assessment
District AD 1991-1.
The Board of Supervisors directs the sale and delivery of
the bonds to the offeror in accordance with the terms and
conditions stated in the offer.
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 6th day of October, 1992 .
ATTEST:
PHIL BATCHELOR, Clerk of
Board of Supervisors and
County Administrator
By
RESOLUTION NO. 92/687
IG"I A L
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BID FORM
For: Limited Obligation .
l�gatioaImprovement Bonds, County of Contra Costa, Kensington Roads
Improvement Assessment District AD 1991.-1, Series 2991-1
To: Board of Supervisors
t County of Contra Costa
GO: Robert Brunseli
Sturgis, Ness, Brunsen & Sperry
2000 Powell Street, Suite 1690
Emeryville, CA 94608
Phone: (510) 652195$8
Fair (510) 652,0190
In accordance with all terms and conditions of your Notice of Sale, dated September IS,
L9721, for the purchase 'of not to exceed $083,W.24 principal amount of improvement
bonds designated "Limited Obligation Improvement Bonds, County of Contra Costa,
Kensington Roads Improvement Assessment District AD 1991-1, Series 1991-1" (the
"Bonds"), the following bid for the Bonds to be dated October 20, 1992, with interest
payable March 2, 1993 'anal thereafter semiannually on September 2 and March 2 with the
first interest payment including interest from the Delivery Date to March 2, 1993 (Interest.
rates may be faxed, seethe Official Notice of Sale for further information):
BONDS PRINCIPAL DnTJWST BONDS PRINCIPAL I11?TERM
MATURING AMOUNT RATE {96} MATURING AMOUNT RATE(46)
SEPTEMBER 2 SEPTEMBER 2
1"4 $&W.24 M4 $270,000.00 00
19ss $100AK00 '[� 200$ $24S,0oo.00 6- 00
sm�okw 4- 00
1999 u►ss,0o0.0o s 2007 $19S,00d.G4
ms $9s 000 oa nu $163,000.00 : 00
1999 2009 $Isolmoo
z0oo s is troo.bo r//" 7 s 2a10 Syrsa oMOO
2002 $275,000.00 (0-00 2011 ss. $AW00
2002 $VS 00.00 2012 $30S,M.00
2403 a270,o0M (0• CSO
Page One at Tae
200' 3Jdd •d `i n8d woaA 2V :6 26 , 9 l30
We Will pay • 46 (maidmum allowable discount is L15%) for a total of
S 3 which is a discount of$.-P from the $4,683,865.24 par
value,plus accrued interest to the date of delivery. As a matter of information, the interest cost,
t in accordance with the above bid, is(For informational purposes only):
Gross Merest Cost $ ";rg-. 0,9
4 !�nt/M*ndum)$ S" �:
TOTAL NET Il .T COST$ A f _
NET INTEREST RATE(MC) �f70 %
i
This offer is made subdect to all the terms and conditions of the Official Notice of Sale,all of which
terms and conditions are made as part hereof as if set forth in full in this offer.
I
Endosed herein is a Cashier's or Certified check in the amount of$30,000.00 payable to the order
of the County of Contral'Cost$which funds we request be returned promptly in the event we are
not the successful bidder,otherwise, to be ruined and applied against the purchase price of the
Bonds.
Other Members of the Syndicale are:
Check Number.
Submitted by:
(Itepresegtative's Printed Name)
resentative's Signature)
Firm Address: / ' �/,l•�r�� .�1 �/�
Cr�.
Phone Number 2L-�—J# ��d
Fax Number
Two of Two
600 ' 3DUd •d •n nod woaj eb :s as , 9 100
First Interstate Bank 16-3717
Firs of California AGENT 1220 61- 300017268-[0]
tl er.46te (Maybe presented at any
Bark California Office) MATCH THE AMOUNT IN WORDS WITH THE AMOUNT IN NUMBERS
Official Checks and Money Orders Department:
Post Office Box 54349
Terminal Annex Aft
*
t Los Angeles,Calif 90054 ICY
R
-ONE Z
-VTE j r—Ts
=011,M13 T-1 T1
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i !N!VLiM1_AE--_HS N1,U, ST MATCH THE AMOUNT IN WORDS T}-oE AMOUNT IN NUMBERS'OUST MAT E AMOUNT IN WORDS-
itV
PAY TO THE
ORDER OF
CONTRA COSTA COUNTY
PRUDWIPL SECURITIES
VOID MR
VIssued by American Express Travel Related Services Company,Inc.,Englewood,Colorado msT fwmR=m um LTD.,LOS AWE LES,
CAUFORW
1: 12 20 3 7 14 11:6 1 1,13,000 17 26130116
. . . . . . . . . . . . . . . . . . . . . .
erludertal-Bache
Prudential-Bache Securities Inc. Securities
Manulife Plaza
515 South Figueroa St,,Suite 1310
Los Angeles,CA 90071
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