HomeMy WebLinkAboutRESOLUTIONS - 01011967 - 1967-184 IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNTY, STATE CE CALIFORNIA
In the Matter of Sale of
1065000 1966 San. Ramc3n.
Faller Unified School RESOLUTION No* 671184
District Bonds, Series A,!
WHEREAS, the Board of Supervisors of Contra Costa County,
State of California, heretofore duly authorized the, issuance of
5,600,000 principal, amount of bonds of
San Ramon Valley Unified School District
of Contra Costa County; and Further duly authorized the sale of
1:365,'Q1 �3
designated Series ,A of
said bonds at public sale to the best and highest bidder therefor;
and
WHEREAS, notice of the sale of said bonds has been duly
given in the manner prescribed by this Board. of Supervisors, and
the following bids for said bonds were and are the only bids re-
ceived by said Board of Supervisors, to wit :
Net Interest Cont
Mame of Bidder to District
Bank of Axerioa N,T. & $*A, $564*151
and Asssociatess
Wells Fargo Bank at al,, 5'?0.989
United California Bank at al. 573*01?
Blyth & Coot Inn,', at ala 591,200
The Bane of California, at al,: 608*244
RESOLUTION No. 67/184
AND, WHEREAS, the said bid of Bank of Amerioa, N.T. & S.A.
and. Associates
is the highest and best bid for said bonds, considering the in-
terest rates specified and the premium offered, if any,
OW, THEREFORE, BE 1T RESOLVED by the Board of Super-
visors of the County of Contra Costa, State of California, as
follows :
1. Said bid of Bank of America N'.T & S.A. and
Associates for #1:365,000
par value of said bonds shall be, and is hereby accepted and the
Treasurer of Contra Costa County is hereby authorized and directed
to deliver said bonds to said purchaser thereof upon payment to
said 'Treasurer of the purchase price, to wit :
Par and accrued interest to date of delivery,
plus a premium of 14
Interest Rate
Band Numbers Per Annum
A-1 through. A-56
A-57 through A-70 4:59
A-71 through A-98 3.70%
A-99 through A-140 3 31Lt
.A-141 through A-168 8 3e 90
A•-169 through A-224 4 :00
.A-225 through A-273 s�+�i
Said bands shall be in the denomination of .59000 each
In accordance with the Official Notice sof gales, and
shall bear interest at the said rates here-
inabove set forth, payable semi-annually on October, 15th and
April 15th in each year, except interest dor the: first
year which is payable in one installment on April 15, 1968
2. All Cather bids are rejected and the Clerk of this
Board is directed to return the bid checks which accompanied the
unsuccessful bids.
71
/184
3. The Clerk of this Board of Supervisors is directed
to cause to be lithographed, printed or engraved a sufficient num-
ber of blank bonds and coupons of suitable Vality.a said bonds and
coupons to show on their face that the same bear interest at the
rates aforesaid.,
PASSED AND ADOPTED this 14th day of
1961_2 by the Board of Supervisors of Contra Costa County, by the
following vote
AYES Supervisors James pl, Kenny# Alfred M. ,Bias,
James E, Moriarty, Thomas John. Cell„
mound A.. Linscsheid,
NOES.. None.
ABSENT: Dane,