HomeMy WebLinkAboutRESOLUTIONS - 01011967 - 1967-073 IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COMM, STATE OF CALIFORNIA
In the Matter of Sale of
3d 630,000, 1964 Vit. RESOLUTION N0. 67/73
Diablo Unified School
.strict Bonds, Series c.
WHEREAS, the Board of Supervisors of Contra Costa. County,
State of California, heretofore duly authorized the issuance of
12 OOU C C principal amount of bands of
Mt. Diablo Unified School District
of Centra Costa County, and further duly authorized the sale of
$3, 630,000, designated, C of
said bands at public sale to the best and highest bidder therefor9
and
WHEREAS, notice of the sale of said bands has been duly
given in the manner prescribed by this Board of Supervisors, and
the following bids for said bonds were and are the only bids re-
ceived by said Board of Supervisors, to wit:
Net interest Cost
Name of Bidder to District
Bank of America N.T. & S.A. 41t423,998.60
and Associates
Wells Fargo Bank at al, 1, 435,041..50
Bank of California N.A. at al. 1044:71970.00
United. California Bank, at al. 1. 4456,867.SC
«SOLUTION NO. 67/73
ANIS, WHEREAS, the said bid of Bank of America N.T. &s.A..
and Associates
is the highest and best bid for said bands, considering the in-
terest rates specified and the premium offered., if any,
NOW$ THEREFORE, BE 1'f 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 3 6300000
par value of said bonds shall be, and is hereby accepted and the
Treasurer of Contra. Costa Counter 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 ofdelivery,
plus a premium of 10016.40
Interest Rate
Bond Numbers Per Annum
C-1 through C-363
C-361 through C-36 4
C--337 through C--689 3..70
C-690 through C-726 .25
said ?tends shall be in the denomination of $5,,000,, each,
in accordance with the. Official Notice of sale, and
SaUxbMift shall bear interest at the said rates here-
inabove set forth, payable semi-annually on march lat and
September lst in each year, except interest for the first
year which is payable in one installment on March est, 1963
2. All, other bids are,. rejected and the Clerk of this
Board is directed to return the bid checks which accompanied the
unsuccessful bids.
RE3SOLUTIO 140. 67/73
3. The Clerk of this Board of Supervisors is directed
to cause to be lithographed, printed or engraved a sufficient num-
ber of blank bonds and coupons of suitable quality, said bonds and
coupons to show on their face that the same bear interest at the
rates aforesaid,
PASSED AND ADOPTED this 31st day of January ,
196 70 by the Board. of Supervisors of Contra Costa County, by the
following vote:
AYES: Supervisors Fames S. Kenny$ AlredVii., Dias,
James S. Moriarty, Thomas John Golf,
Wmund A. Linschei.d.
NOES: B-Tone.
ABSENT: None.
R BSOLUTSON NO. 7/7