HomeMy WebLinkAboutRESOLUTIONS - 01011967 - 67-753 IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNTY, STATE OF CALIFORNIA
In the matter of Sale of �
200 t oC4 1967 Horaga � BESOLUTION No. 67/753
Sebool Distri'rc., Bonds,
Series A. )
WHEREAS the Board of Supervisors of Contra Costa County,
State of California, heretofore duly authorized the issuance of
$,,,,,,,,,,1 principal amount of bonds of
Mora a School. District
of Centra Costs. County; and further duly authorized tht sale of
$200,000 designated ated, Series A of
said bonds at public sale to the best and highest bider 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
received. by said Board of Supervisors, to wit :
Net Interest Cost
Name of Bidder to District
Paine, Webber, Jackson & Curtis 98,694
Crocker-Citizens National Hank 1€10,175
Bank of America N.T, & S.A. 100,24<
Re H* Moulton & Company et al. 104:995
FZS0LfY2I3N NO, 67/753
67-6-200
W oriT # 22.2
'q m e
AND, WHEREAS the said 'bid of P,aine, Webber, Jackson
Curtis
is the highest and best bid for said bonds , considering the interest
rates specified and the premium offered, if any,
N , THEREFORE, BE IT RESOLVED by the Beard of Supervisors<
of the County of Contra Costa, State of California, as follows:
1. Said bid ofPaine* "dabber, Jackson & Curtis for
par value of said bonds sham, 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:
Far and accrued interest to date of delivery,
plus a premium of 6
Interest Rate
&and. Numbers per.,Annum
A-1 through A-22 %
A-23 through A--�O 4*
A-31 thrrugh -� C 4.6
Said brands shall be in the denomination of $ ",,000 each
in accordance with the Official Notice of Sale, and bunds shall, bear
interest at the said rates hereinabove set .forth, payablesemi-
annually on May 1 mond November 1 in each year,
except interest for the first year which is payable in one installment
on November 1, 1968
2. All other bids are rejected and the Clark of this Hoard
is directed to return the bid checks which accompanied the
unsuccessful bids
6-67-200
Forty ##22.2
Page .2
3. The Clerk of this Board of Supervisors is directed
to cause to be lithographed, printed or engraved a sufficient
number of blank bunds and coupons of suitable quality„ said bands
and coupons to show on their face that the same hear interest at
the rates aforesaid.
PASSED AND ADOPTED this � jh day of ,
1.967., by the Beard of Supervisors of Centra Costa County, by the
following vote :
AYES: Supervisors James P, Kenny, A.l,fred. Y'i. Dias.
James E* Moriarty# Thomas John Call,
Edmund A. Linscheid,
NOES: None,
ABS NT : None:,
cc: Maine, Webber, Jackson & Curtis
County Auditor
istrict Attorney (3)
Printer
Treasurer
Administrator
'RESOLUTION NO. 67/` 53
67-6-200
Form #22.2
Page 3