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CC Resolution No. 3000-38RESOLUTION NO. 3000-38 A RESOLUTION AWARDING SALE OF BONDS BLANEY AVENUE, ET AL. STREET WIDENING PROJECT ASSESSMENT DISTRICT AD 70-1 RESOLVED, by the City Council of the City of Cupertino, California, that WHEREAS, pursuant to Resolution of Intention No. 3000 adopted by said Council on December 21, 1970, and its resolution calling for bids on the sale of bonds pursuant thereto, adopted on ,December 6, 19715 notice of said sale has been duly given; WHEREAS, said bids have been received by the City Clerk, as fixed in said. notice, and have been publicly opened., examined and declared and have been referred to this Council for consideration; and WHEREAS, this is the time and place fixed in said notice for considering the bids for the purchase of said bonds; NOW, THEREFORE, IT IS ORDERED, as follows: 1. That all written bids received for the purchase of said bonds, excepting; the bid herein stated, be, and they are hereby re- jected, and that said bonds be, and they are hereby ordered sold to Karney Barberian , as the highest responsible bidder there- for, said sale to se subject to all of the terms and conditions set forth in the Notice of Sale of said bonds and in said accepted bid. 2. That the City Treasurer be, and he is hereby directed to have said bonds printed, and that the same be immediately signed, sealed and delivered to said bidder on receipt of the amount therefor and upon the performance of the conditions contained in said written offer. 3. That the interest rate of said bonds be, and the same is hereby fixed at the rate stated in said bid. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 20th day of December, 1971, by the follow- ing vote: AYES : Councilmen- Fitzgerald, Frolich, Irwin, Stokes, Noel NOES: Councilmen- None ABSENT: Councilmen- None ATTEST. City Cle APPROVE ayor, Cit, o uper ino ��