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HomeMy WebLinkAboutRESOLUTIONS -10201964 - 344019 Mrsotution anh Ord rr of ffloarb of �tt#rruwon nf................Contra Costa ....County, State of California In re Issue of Bonds of RESOLUTION NO, 3440 -Brentwood Union ------------School District. . ........- ---------................................ WHEREAS THE GOVERNING BOARD OF Brentwood Union ..............._................... -----------------------------------------School District has certified,as required by law, to the board of super✓isors of.........COritra -COSt ...........................County, State of California, whose superintendent of schools has jurisdiction over said school district, all proceedings had in the premises with reference to the matters hereinafter recited, and said certified proceedings show, and after a full examination and investigation said board of supervisors does hereby find and declare: That on the -. ....8th ..........day of.. - - - ....June - ................................. 19.6 ., said governing board deemed it advisable, and by its resolution and order of election duty and regularly passed and adopted, and entered on its minutes, on said day, did order the county superintendent of schools to call an election to be called and held on the....15th__..._-day of-_September 19.64. in said district, to submit thereat to the electors of said district the question whether bonds of said district shalt be issued and sold in the amount of One Hundred Ninety Thousand -- ............ - - ------------dollars, (190,000 .00-} to run not exceeding_.....?. ................years, and to bear interest at a rate not exceeding five per cent per annum payable annually for the first year the bonds have to run and semi-annually thereafter, for the purpose of raising money for the following purposes:■ (a) The purchasing of school lots. (b) The building or purchasing of school buildings. (c) The making of alterations or additions to the school building or buildings other than such as may be necessary for current maintenance, operation, or repairs. (d) The repairing, restoring or rebuilding of any school building damaged, injured, or destroyed by fire or other public calamity. (e) The supplying of school buildings and grounds with furniture, equipment or necessary apparatus of a permanent nature. (�) The permanent improvement of the school grounds. g) The carrying out of the projects or purposes authorized in Section 15811 of the Education Code- to wit: Providing sewers (atf-of whiclrwere4l itedalponaser�e singlc�{xepost ert�i and drains adequate to treat and/or dispose of sewage and drainage on or away from each school property . (all of which were thereby united to be voted upon as one single proposition) ; That said election was called by publicationxx4IIpMt= of notice thereof by said county superintendent of schools as required by law and as set forth in the certificate of the governing board of said school district hereto- fore filed with this board; That said election was held in said district on said day appointed therefor in said notice thereof, and was in all respects held and conducted,the returns thereof duly and legally canvassed, and the result thereof declared, as required by law; that from said returns said governing board found and confirmed, and said board of super- visors now finds and declares, that there were........................................_58�r...-..............--.-------.---------------------.---------- votes cast at said election,and that more than two-thirds thereof, to wit-------------------434... votes were cast in favor of issuing said bonds,and........................................................151................................votes and no more were cast against issuing said bonds,and said governing board caused an entry of the result of said election to be made on its minutes; that this board of sun.-r-%.ors has received n certified cony of a resolution duly adopted by the governing board of said district on the... hday of...._ October119..64 prescribing the total amount of said bonds to be sold,to wit, 19U..000 .00 ;that all acts, conditions and things required by law to be done or performed have been done and performed in strict conformity with the laws authorizing the issuance of school bonds; and that the total amount of indebtedness of said district, includ- ing this proposed issue of bonds, is within the limit prescribed bylaw; IT Is THEREFORE RESOLVED AND ORDERED that bonds Of saidJ,2e.ri q.Ut Q.Q.d..-uniQnUXIJQn................................ School District, in... Contra Costa ......... . .............................-•.-----County, State of California, issue in the aggregate ..................... of One Hundred Ninety Thousand. do)lars, 180,00 .00) that said bonds shall be o£ the denomination of 51,000 e ch or 6. each as may be designated in the bid of the successful --- bidder,� an �shaTT�-be- riiunbered• from 1 up in consecutive numerical order; Form 5015—RESOLUTI0N AND ORDER OF BOARD OF SUPERVISORS. r'r�rF■J A.cnausLE a co.,s.F. 46.0026 RESOLUTION NO, 2 4 f/ii ■ that said bonds shall be dated the.-.. .1'5thDecember ---.......... ....day. of.......... ... __........ - _. _...--....., 19..64:, and shall be payable in lawful money of the United States of America, at the office of the county treasurer of said county,as follows, to wit: $ 5,000 principal amount of bonds shall mature and be payable on December 15 in each of the years 1965 and 1966, both inclusive; $10,000 principal amount of bonds shall mature and be payable on Dezember 15in each of the years 1967 through 1984, both inclusive . that said bonds shall bear interest at the rate of .not to exceed five...__._._.......-...._............._....._...._._....__._._.yer cent per payable in like lawful money at the office of said county treasurer in one installment, for the first year said hoi:�i< have to run, on the-..15thDocember 65 _...day of......._..._. ___ _--- ---.. ._...... 19.... ...,and thereafter semi-annually Do the......__ 15th June December .......................days af....... ......---......._.....and........ .._-..- of each year until said bonds are paid; Said bona, sind be signed by the chairman of said btiz;<( of �aqu°ni<ors, anci b},fhc tic'(Furc, , ns'itn: of said county, and shall be countersigncd, and the seal of said i,cau d ld iced thereon, by the corm v 0e.!< of coanty or the clerk of than board of supervisors or by a dcputr of either of such officers, and the con l�tt::jf bonds shall be signed by said fn:asurer or auditor. All rich sign tures and countersignatures mw br pri. Icri, lithographed, engraved or othenvise mechanically reproduced, excret that one of said signatures or onmter signatures to said bonds shall be manually affixed-Said seal may be printed,engraved,stamlxd or ot'u +ci,I p, , in facsimile on said bond,u. Said bonds, with said coupons attached thereto, so signed and executed, shall de- livered to said county treasurer for safe keeping. IT Is FURTHER ORDERED that said bonds shall be issued substantially in the following form, to wit: Number UNITED STATES OF AMERICA Dollars STATE OF CALIFORNIA SCHOOL BOND OF Brentwood Union .-------.. ....-------- .......School District of_..........,.._._......Contra_.,CO sta:.....----.._------------..County. BREAPPWOOD UNION_.-.-..._.._.............._ __SCHOOL DIST!IICT of...................... ........Contra Costa .. --•••-------------------.........._........... .,,-.............-----County, State of California, acknowledges itself indebted to and promises to pay to the holder hereof, at the office of the treasurer of said county, on the.... 15th ........................--day of_..... December ------- .... 19........, the principal sum of ......... . ...........---- --- -...............dollars in lawful money of the United States of America, with interest thereon in like lawful money at the rate of .......................................................per cent (........%) per annum, payable at the office of said treasurer on the 15t-h.days of........... June .... ...........and.._.. December .............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 it3'FbLx _�7Y6r3cxi@7Sst`[ar7�iF .............--....... .............. X 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---------------15th ..day of September 1964., and is issued and sold by the board of supervisors of Contra Costa .................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 this issue of bonds, is within the limit provided by law, that all acts, conditions and things required by law to be done or performed precedent to and in the issuance of said bonds have been clone and performed in strict conformity with the laws authorizing the issuance of school bonds, that this bond and the interest coupons attached thereto are in the form prescribed by order of said board of supervisors duly made 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 said bonds- and the payment of interest thereon shall be raised by taxation upon the tax- able 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 placed hereon,the---- 15th_ _day of--------------........ . December ._..........._._ ......... 19_64 [SEAL] ....... EDMUND A. LINSCHEID Chairman of Board of Supervisors COUNTERSIGNED: H. E. McNAMER ........._.........................................................__........................ W. T. PAASCH County Auditor ..........................................................................---.............. County Clerk IT Is FURTHER ORDERED that to each of said bonds shall be attached interest coupons substantially in the following form, to wit: The Treasurer of Coupon No.................. Contra Costa ---------------------------------... ----------------------------County, State of California, will pay to the holder hereof out of the interest and sinking fund of the -_ .......................................Brentwood Union School District _........ . - in said County, on the.............................�5th.-----------------------------day of . -- -- ..- -, 19_----- Martinez 9----- Martinez at hiin said Count= ,ffice in - - Y.the sum $----------------------------------- shown -.'..'.'.-"'..-'. ' --- shown hereon,being interest then due on Bond No............................... of said District, dated---- December.. 15 4 ---------- ... 1 ------- H. ------H. E. McNamer .._------------- County Auditor IT Is FURTHER ORDERED that the money for the redemption of said bonds and payment of the interest thereon shall be raised by taxation upon all taxable property in said district and provision shall be made for the levy and collection of such taxes in the manner provided by law. IT Is FURTHER ORDERED that the clerk of said board of supervisors shall cause a notice of the sale of said bonds to be published at least two weeks in..."T$E...$RENT41Q0D...NEUS"..................a newspaper of general circulation, printed and published in said County of.---------Contra .COSta and therein advertise for bids for said bonds and state that said board of supervisors will up to....Tue sday, the. 17th November ............day of.......... ------...... - ............ --., 196 .., at----10.3Q.....o'clock .... .:--. m., of said day, receive sealed proposals for the purchase of said bonds, or any portion thereof, 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. PP 344 The foregoing resolution and order was passed and adopted by the Board of Supervisors of-----................. Contra Costa . County,State of-California,at a 20th October b4 -........._-_.....---...----........regular meeting thereof held on the... day of... 19,.--...., by the following vote, to wit: AYES: Supervisors .TA"s P. F'*M7• of t" John Can f J00Ip:Y! ♦ :313'vaj, B4nu d At• U1"18Prlha lde NOFs: �QE10• ABSENT: x92ypervisor miel P" 14101senlo W ITN ESS my hand and the seal of said Board of Supervisors this_--...._.. 20th .-....day of October,.. ..... .............. 1964:1,. W. T. PA,A3CH County Clerk and ex-officio Clerk of the Board of Supervisors ]SEAL] By....•................... $-------- ...............-------- Deputy-. -Deputy 'Note:—The purposes must correspond in every particular with those stated in the election notioe. SrecrN.Notes! Education Code Scetion 21809 provides that the bonds shall be signed by the ciiairmau of the board of supervisors, ,."or by ch other m,mb,, thereof as the board of supervisors shalt by resolution adopted h"a fair-fifth, vote of all its members, authorize and u"hir ate tar (flat purpose•. If it is 1 I ired to a sum the bonds sgmcd by ch eber nuh r t ian tine cl v llu 11,11, the to olutmn aud Order, and the bond form should be changed 'cordmgly and the liesolunon and Order must be Iopred by 'u eh four-hill vote Ed caton Code Section 22051 provides for teJourniun of drool b d.p iu,tothe r maeantyat theOption of thegovernmgbord of the school district The prescribed statutory procedure and the de diver rty of 1 .ible redemption provisions render imlraeucable a general printed form for Snell matters, It is therefore suggested, should redentpt el pro. , mu lo,d s,,d ti it competent financial and legal advice be first obtained. Education Code Section 22652 authorizes the board of supervisors to divide the pprinopal amont of any issue into two or more series 'no fix different dates for the bonds of each series. If this is done, instead of chis form use k'onn No. u5015-A for Series A and use Form No. 5015-B for any series subsequent to Series A. 4, In a M rS $ u° o 4-o It sR = W ° ? froiU o Vh[ o G y q ? o v e r