CC Resolution No. 3101-49�E :KJmh 5-23-73-35
RESOLUTION NO. 3101- 49
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AWARDING SALE OF BONDS IN CROSSROADS ASSESSMENT
DISTRICT PROJECT 71-2 - SECOND SALE - $363,o42
RESOLVED, by the City Council of the City of Cupertino, California,
that
WHEREAS, pursuant to Resolution of Intention No. 3101-3 adopted by
this Council on March 65 1972, as amended, and its resolution calling
for bids on the second sale of bonds pursuant thereto adopted May 75
1973, 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 con-
sidering 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 rejected, and
that said bonds be, and they are hereby ordered sold to Grande &
company, Inc. , as the highest responsible bidder therefor,
said sale to be 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 4th day of June, 1973, by the following vote:
AYES: Councilmen - Frolich, Jackson, Meyers, Sparks, Irwin
NOES: Councilmen - None
ABSENT: Councilmen - None
APPROVED:
ATTEST: �---
Mayor, City of Cupertino
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WILSON, .TONES, MORTON ~C LYNCH
ATTORNEYS AND COUNSELLORS AT LAW
630 NORTH SAN MATEO DRIVE
SAN MATEO. CALIFORNIA 94401