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Home My WebLink AboutMINUTES - 05012003 - 255 (_ m for Bonds of any Series subsequent to St.. .,s A) pig h of---------------------QntMa----0?S.ta--------------------...-------....County, State of California I!� In re Issue of Bonds of b _--------------------------•--0. '-1 da&_. X.1QJa---.•-.--_----_•--•-----.__-___-----.School District .., 19.:.57-School Bonds Series...B....... RESOLUTION N0. 2 5 5 WHEREAS, the board of supervisors of------ ont�_'a..C-o-s a.._.._..county, State of California heretofore n the__. 7-.th day of_._Se.p.te111bew.......... 19.5-7._..,duly passed and adopted its resolution and order provid- ing d�,... .nion................ ' lllg f Or the 1sSUa11Ce Of$..._. ...........principal amount of bonds of___._....._..- mi ..............................School District, designated "195-7.. School Bonds",as set forth in the records of this board of supervisors; and WHEREAS, in and by said resolution and order said authorized issue of bonds was divided into series of which$._.2314.000............principal amount were designated "Series A" and the issuance and sale thereof authorized and directed and said bonds of Series A in the amount of$ 131.j 000__.___...have heretofore been _..... issued and sold and the unmatured portion thereof is now outstanding, and I W-IEREAS,said resolution provided that the remaining -__principal amount of said au thorized issue might be divided into one or more series as the governing board of said district and this board.of 2 'G supervisors might determine; (and$___._-_-3_.-,.4.-___00 0.......__--principal amount designated Series B have heretofore been issued and sold and rl,P„��,�,+,,,.�a �.��.- - �, � • _. j / a $105j000 nd principal amount designated Series C have heretofore been issued and sold and the unmatured portion thereof is now outstanding; and $115j000 principal amount designated Series D have heretofore been issued and sold and the unmatured portion thereof is now outstanding; WHEREAS, this board of supervisors has determined and does hereby ' ,.<�•; Pe declare, that It is necessary and " desirable that ($..2.10-;�,.DQQ.............principal amount) (44)A of said remaining bonds of said authorized is- sue be issued and sold for the purposes for which authorized; IT Is THEREFORE RESOLVED AND ORDERED that said resolution providing for the issuanceof _. 1 1 amou�lt of 19.. _.__..School District, principal .- School Bonds of....-----•._.- r .�l .c..._U11. .�Z1.---------•------- is incorporated herein by reference and all of the provisions thereof are made a part hereof and shall be appli- cable to the bonds of said authorized issue herein provided for, except only as herein otherwise expressly i provided. i' $......210-o-0-0.0..........principal amount of said bonds shall be and constitute an additional series of said a! issue,to be designated"Series.....Z.....". Said bonds of Series-..-E...shall be dated....l OMe 19.61., shall be 210 - I. ..to .Z.-...2.10. both .._...__ ..................an number, numbered consecutively fromp_.. .___ _. , inclusivef the denomination 1 000 o nation of $........_Jr_...................._...each, shall be payable in lawful money of the United States of America at the office of the county treasurer of said county,and shall mature in consecutive numerical corder, from lowerh to higher, as follows: $... :�.�.Q�4 ...................principal amount of bonds of Series..........E.NN....shall mature and be payable on November.-1S-t......in each of the years 19.6.2.. to 19.21.., both inclusive• $ ..._... ...- - .. 1�.�O0Q.•--------------principal amount of bonds of Serles.........M.........shall mature and bePaY able on ..............•Romemb .r..J z.t......in each of the years 19..'x`, ... to 1932.... both inclusive. Said bonds of Series._.Kshall bear interest at the rate of._mcit..to--_exe g,e`d._.-fi:V�*.....per cent per annum, payable in like lawful money at the office of said county treasurer in one installment,for the first year said bonds have to run, on the....ISt.......day of................Romemb ,x'-_...._._.._..._.._._.9 19-.62.,and thereafter semi-annually onthe------------ ----------•---------------days of--•----•--•-.Ma. _......_..----•--•--...._.and---.._---- �: - mbar .-------- of each year until said bonds are paid;• Form 5015-B•--RESOLUTION AND ORDER OF BOARD OF SUPERVISORS FOR BONDS OF ANY SERIES SUBSEQUENT TO SERIES A. OLUTION PRINTED BY A.CARLISLE&CO.,3.F.1589 NO, /-va, 5 5 1 Said bonds of Series__....shall be signed b the chairman of said board of supervisors, and b the treasurer g Y P Y or auditor of said county,and shall be countersigned, and the Jeal of said board affixed thereto, by the county clerk of said :ounty or the clerk of the board of supervisors OF Dy a deputy of eithcr of such officers, and the coupons of said bonds shall be signed by said treasurer or auditor. All such signatures and countersignatures may be pri-!ited, lithographed, engraved or otherwise mechanicall'reproduced,except that one of said signatures or coullterslLIlattlrt s to said bonds shall be manually affixed. Said bonds, with said coupons attached thereto, so signed and executed, shall be delivered to said county treasurer for safe keeping. IT Is FURTHER ORDERED that said bonds of Series._.. ..shall be issued substantially in the following form, to wit: Number UNITED STATES OF AMERICA Dollars STATE OF CALIFORNIA ....................... SCHOOL BOND OF --------------------------------------------------Orind&_.Uniola---------------------------...----------------------.School District of................ __C_Q.ota------------------------------------Count Y• 5_.. 19. 7.. School Bond, Series...._._ II!, I ..................................................--•......0.0.00...........__-.Q1R ..Pel.- 1Q1-_......._...----...---...._..-------SCHOOL DISTRICT of - - •_---........................................Contra Costa • ....._...-_.-- --------.-----------------------------------Count , State of California acknowledges itself indebted to and promises topay to the holder hereof, at the office of the treasurer of said count on the............ b_..-.-_. _da of. y, -----•-------00.00 y ..----•---------------------------------0000..._...__._, 19---.----, the principal starn of ----------- ne...Mmaw-d..-----------------------------•-----._..............------....--•---......-.._....------..--...._....dollars ........ 1. g in lawful money of the United States of America, with interest thereon in like lawful money at the rate of e --------------__.-__.....-.--_--__--__...._..._....._...•.per cent (........%) per annum, payable at the office of said treasurer on the 0000. .....days of..............e AY.........................and...........Novenher..............of each year from the date hereof until this bond is paid (except interest for the first year which is payable in one installment at the end-of such year). This bond is one of a duly authorized issue of bonds of like tenor (except for such variation,if any,as may be required to designate varying series, numbers, denominations, interest rates and maturities), amounting in the aggregate to ......9.50-o-0.0.0............... and is authorized by a vote of more than two-thirds of the voters voting at an election duly and legally called, held and conducted in said district on the........22.r d..............day of ......................Januar'y......................................., 19.51, and is issued and sold by the board of supervisors of ._•--------------•---_0- 11tra_____Q A t9k-------------------------County,State of California,pursuant to and in strict conformity with the provisions of the Constitution and laws of said State. And said board of supervisors hereby certifies and declares that the total amount of indebtedness of said district, including the amount of this bond, is within the limit provided by law, that all acts, conditions and things required bylaw to be done or performed precedent to and in the issuance of this bond have been done and performed in strict conformity with the laws authorizing the issuance of this bond, that this bond and the interest coupons attached there'Lo are in the form prescribed by order of said board of supervisors duly Trade and entered on its minutes and.shall be payable out of the interest and sinking fund of said district, and the money for the redemption of this bond and the payment of interest thereon shall be raised by taxation upon the taxable property of said district. IN WITNESS WHEREOF said board of supervisors has caused this bond to be signed by its chairman and by the auditor of said county, and to be countersigned by the county clerk, and the seal of said board to be attached thereto, the.-AlS -------------day of.-----•------------------------N?VO1Tlb9X!----------------------------------- [SEAL] --------------•----.------.---JoseDh--S-,, Silva ..........------------ Chairman of Board of Supervisors COUNTERSIGNED: er 9-t....MeNam.............................. ... County Auditor .............. m...1,...�?a�.s c County Clerk IT Is FURTHER ORDERM that to each of said bonds of Series...E shall be attached interest coupons sub- stantially in the following form, to wit: The Treasurer of Coupon No...___--._--_-----. VAMtA^r-&.-JCQat& .County, State of California, will pay to the holder hereof out of the interest and sinking fund of the -------------------------Orinda..-Unicm...................................School District insaid County, on the---------------------1.9t;------------------------------------------day of ......................ft.) 19..._.._. at his office in-.....Jftrtinen-------------------------, in said County,the sum $---------------------- . sho`N9n -----------------------------sho`N-n hereon,being interest then due on 1957...-School Bond No.E........................... Series....E...,of said District, dated..No-vemb er--1. 1961_ --------- -H1.*...EA.-AcNamea ............... County Auditor IT 1s FURTHER ORDERED that the money for the redemption of said bonds of Series..R...and payment of the interest thereon shall be raised by taxation upon all taxable property in said district and provision shall be made for the levy and collection of such taxes in the manner provided by law. IT Is FURTHER ORDERED that the clerk of said board of supervisors shall cause a notice of the sale of said bonds of Series-B--to be published at least two weeAkS in........the...»ORINDA__-SU.N".... m.. ............................................ a newspaper of general circulation,printed and published in said County of-------Contra...Coata................... and therein advertise for bids for said bonds and state that said board of supervisors will up to...TiAeaday..... the-_...19.t11.......day of..........S.epteMbAr................I 19A0,0' at....10,16-30........o'clock......ilA..m.,of said day, _011 receive sealed proposals for the purchase of said bonds, for cash) at.not less than par and accrued interest, and that said board reserves the right to reject any and all bids for said bonds. tf 5 5 'The foregoing resolution and order was passed and adopted by the Board of Supervisors of........................ .......................................0.0.11t..ra..-.Q..Q.I a t f K...............................................................County, State of California,at a .....................................regular meeting thereof held on the-221191.day oL...AU&U13.t.................f 19_61, by the following vote,to wit: AYES: Supervisors James P. Kenny, Mel F. Nielsen, Thomas John Coll, Edmund A. Linscheid, Joseph S. Silva. NoiR:s: None ABSENT: None WrrNE:ss my hand and the seal of said Board of Supervisors this_-------------------Ur.14----------------------_---day of ....................AILIZUB:.----.---.---.--_...----...----•-----••." 19...61. ......................----....._--W ...To...PAASCH.... . ... ................................. County Clerk and ex-officio Clerk of the Board of Supervisors t.ejr 61 [SEAL] By.................................Re--.3ii-ml Ift YY.......... .................................. CIM*1C Deputy NOTES—'Delete this clause if only Series A bonds are outstanding; repeat this clause for each series subsequent to Series B. 2Delete if all or remaining bonds are to be issued. 3Delete if only portion of remaining bonds are to be issued. 41tisert amount of TOTAL authorized issue. SPECIAL NOTES: Education Code Section 21809 provides that the bonds shall be signed by the chairman of the board of supervisors,"or by such other member thereof as the board of supervisors shall by resolution adopted by a four-fifths vote of all its members, authorize and designate for that purpose". If it is desired to have the bonds signed by such member rather than the chairman' then the Resolution and Order, and the bond form, should be changed accordingly,and the Resolution and Order must be adopted by such four-fifths vote. Education Code Section 22051 provides for redemption of school bonds prior to their maturity at the option of the governing hoard of the school district. The prescribed statutory procedure and the wide diversity of possible redemption provisions iender impracticable a general printed form for such matters. It is therefore suggested,should redemption provisions be desired,that competent financial and legal advice be first obtained. This form is for use only when the principal amount of any issue has been divided into two or more series and a series subsequent to Series A is being issued.If the bonds being issued are Series A use Form No.5015-A instead of this form. If the issue has not been divided into two or more series use Form No.5015. MN. 0: .01 43 1 cd: C) :• .4". 00, Q) Q 4 ,1 0 00= bob