HomeMy WebLinkAboutRESOLUTIONS - 01011981 - 1981-989 RESOLUTION NO.
RESOLUTION ORDERING SALE OF BONDS
ASSESSMENT DISTRICT NO. 1980-5, EL ALAMO IMPROVEMENTS
DANVILLE
The Board of Supervisors of the County of Contra Costa
resolves:
The Board accepts the offer of Wulff, Hansen &Company
(attached to this resolution and by reference incorporated in
it) , to purchase all of the improvement bonds to be issued in
Assessment District No. 1980-5, El Alamo Improvements - Dan-
ville, Contra Costa County, Calfornia.
The Board directs the sale and delivery of the bands to
the offeror in accordance with the terms and conditions stated
in the offer.
I HEREBY CERTIFY that the foregoing resolution was duly
and regularly adopted by the Board of Supervisors of the County
of Contra Costa, State of California, at a regular meeting there-
of, held on the 25th day of August, 1981.
ATTEST.
JAMES R. OLSSON, Clerk
By
WrT F F, HAN S F X 8c CO.
ESTAMLISMCD 19$1
INVESTMENT SECURITIES
201 SANSC:ME STREET,7TH FLOOR
SAN FRANCISCO 94104
415] 421-8900
Municipal Financing August 24, 1981
Special Assessment Board of Supervisors-
and Revenue;Bonds
Contra Costa County
Re: Assessment District No. 1980-5, E1 Alamo
county Improvements, Danville, Contra Costa County
City
Special district We hereby offer to purchase all, but not less than all
bonds to be issued by Contra Costa County according to
Commercial the Bond Improvement Act of 1911 of the State. of
Industrial California to represent the cost of construction and
Residential
a on o
� p ai
Hospital uisitif improvements within' the Assessment
H
Public District #1980-5 (El Alamo) .
Street opening
We make this offer under the following terms and
Sewer conditions:
Water
Landscaping Amount of Bonds: Not to exceed $300, 000. 00.
Sidewalks
Curbs
Gutters Form of Bonds: Payable to bearer in 23
Lighting bonds of various amounts
Drainage
Traffic control as per Exhibit C of the
Parking latest Amended Engineer' s
Motors
Pedestrial malls Report.
Parks
Playground Interest Coupon Rate: 10. 00% on all bonds.
Recreation
Refinancing
Renovation
Price: 85.00%
on
Dredging
Reclamation Term: 15 years.
NEARLY HALF A CENTURY HELPING CALIFORNIANS
August 4, 1981
Assessment District No. 1980-5, El Alamo
Page Two
Maturity Schedule. Equal annual payments
starting 1-2-83 to 1-2--97 .
Date of Bonds September 2, 1981
Place of Delivery: Treasurer' s office or as
agreed by City Treasurer and
the undersigned.
Time of Delivery: September 15, 1981 without
accrued interest.
Redemption Premium: 5% of unmatured principal.
Legal Opinion.. Sturgis, Ness, Hrunsell &
a Sperry, Suite 1150, Watergate
Tower, Emeryville, CA, without
expense to us.
Very truly yours,
WUL F HANS CO.
J. Paul Dumont
Senior Vice President
JPD/kk