HomeMy WebLinkAboutRESOLUTIONS - 01011969 - 69-212 IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNT, STATE OF CALIFORNIA
In the Matter of Sale of }
1969 Brentwood Union School
District Bonds, $434,000. � RESOLUTION NO. 69/212
}
WHEREAS the Board of Supervisors of Contra Costa County,
State of California, heretofore duly authorized the issuance of
$ 430,000 principal amount of bonds of
Brentwood Union School District
of Contra Costa County; and further duly authorized the sale of
$430,000
said bonds at public sale to the best and highest bidder therefor;
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
received by said Board of Supervisors, to wit
Net Interest Cast
Name of Bidder to District
Bank of America, N.T. & S. A. $227,, 250
67-6-200
:dorm #22.2 RESOLUTION NO. 69/21.2
AND, 'WHEREAS the said bid of Bank of erica, 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 RESOLVED by the Board of Supervisors
of the County of Contra Costa, State of California, as follows.-
1.
ollowst1. Said bid of Bank of America, N.T. & S. A., $430,.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 $ leo Premium
Interest Rate
.Bond Number's per Annum
1 through 86 5%
Said bonds shall be in the denomination of $ 5,000 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 October 15th and .April 15th in each year,
except interest for the first year which is payable in one installment
on April 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.
5-b7--200
Form #22.2
Page 2
RESOLUTIM-11,. No. 69/212
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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 ist day of . -.ARril
1969 t by the Board of Supervisors of Contra Costa County, by the
following vote :
AYES: Supervisors J. P. Kenny, A. M. Dias,
T. J. Coll, E. A. Linscheid, J. E. Moriarty.
HOES: None.
ABSENT., None.
67-6-200
Form #22.2
Page 3
RESOLUTION No. 69/212