HomeMy WebLinkAboutRESOLUTIONS - 01011969 -1969-1 ITT THE BOARD OF SUPERVISORS'
OF
CONTRA COSTA COUNTY',:. STATEOF CALIFORNIA
In the Matter of Sale of 1968
Mt>. Diablo Unified School )
nistriot Bands, Series B. � RESOLUTION N0. 69/1
*2►185. 00.
WHEREAS the Board of Supervisors of Contra Costa County,
State of California, heretofore duly authorized the issuance of
$ 95-900,091principal amount of bonds of
Mt:. Diablo Unified School District
of Contra Costa County; and further duly authorized the sale of
$2,18. ,000 designated Series B of
said bonds at public sale to the best and highest bidder t'heref'or,
and
s
WHEREAS notice of the sale of said bonds has been duly
given in the manner prescribed by this Board of Supervisors, and
the following bins 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
:Sank of America, N. & S.A. $1.140,706.30
RESOLUTION ISO. 69/1
67-6--200
Form ##22.2
AND, WHEREAS the said bid of Bank of America N.'T. & S.A.
is the highest and best bid for said bonds, considering the interest
rates specified and the premium offered, if any,
NOW, THEREFORE, BE IT RESP by the Board of Supervisors
of the County of Contra Costa, State of California, as follows:
1. Said bid of Bank of America N.T. & S.A. for $2,185#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 $43.70
Interest Rate
Bond Numbers per Annum
B-1 through B-437 5%
Said bonds shall be in the denomination of $5,a0C each
in accordance with the Official Notice of Sale, and bonds shall bear
interest at the said rates hereinabove set forth, payable semi-
annually on July 15th and January 15th in each year,
except interest for the first year which is payable in one installment
on January 15,, 1970.,
2. All other bids are rejected and the Clerk of this Board
is directed to return the bid checks which accompanied the
unsuccessful bids.
RESOLUTION No. 69/1
6-67-200
Form #22.2
Page 2
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3. The Clerk of this Board of Supervisors is directed
to cause to be lithographed* printed or engraved a sufficient
number of blank bonds and coupons of suitable quality, said bonds
and coupons to show on their face that the same bear interest at
the rates aforesaid.
PASSED AND ADOPTED this 7th day of JMW
_ "Y
196..g_t by the Board of Supervisors of Contra Costa County$ by the
f ollowing vote 4.
AYES: Supervisors J. P. Kenny, A. Mo Dias, T. J. Coll,
Eo A. Linseheld,
NOES: None
ABSENT: Supervisor J. Eo Moriarty,
RESOLUTION No. 69/1
67-6-200
Forn, #22.2
Page 3