HomeMy WebLinkAboutRESOLUTIONS - 01011969 - 69-330 IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNTY, STATE 4F CALIFORNIA
In the Matter of Sale of )
1968 Mt. Diablo Unified
School District Lands, } RESOLUTION, NU1ER 69/330
Series C, l 400s OOO-
)
WHEREAS the Board of Supervisors of Contra Costa County,
State of California, heretofore duly authorized the issuance of
$ 25,,000 CQQ principal amount of bonds of
Mt. Diablo Unified School District
of Contra Costa County; and further duly authorized the sale of
$1,400,000 designated Series C
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
wasis
the following bidX for said bands/ and/ the only bid
received by said Hoard of Supervisors, to wit .
Net Interest Cost
Name of Bidder to District
Bank of America N.T', & S.A. 735s OOO
RFZOLUTIOra IRT1,11B 69/330
67-6-200
Fordo #22.2
AND, WHEREAS the said bid of Hank of America N.T. S.A.
is the highest and best bid for said bands, 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 Said bid of 'Bank of America, N.T. & 3,A. for $1,400,000
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 .pries, to wit:
Par and accrued interest to date of delivery,
plus a premium of $ --0-
Interest Rate
Bond Numbers per Annum
C-1 through 0-280 5%
Said bonds shall be in the denomination of $ 50000 each
in accordance with the Official Notice of Sale, and bonds shall bear
interest at the said rates hereinabove set forth, payable sem -
annually on December 15th and June 15th in each year,
except interest for the first year which is payable in rine installment
on June 15, 1970.
RESOLUTION PLO. 69/330
6-67-200
Form #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 bands 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 20th, day of
1969 , by the Board of Supervisors of Contra Costa County, by the
following vote :
AYES: Supervisors J. P. Kenny, A. H. Dias,
E. A. Linscheid, J". E. Noriarty.
NOES A;one.
ABSENT Supervisor T, J. Goll.
RESOLUTION NO.. 69/330
67-6-200
Form #22.2
Page 3