HomeMy WebLinkAboutCC Res 598 1946-10-09
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RESOLUTION NO. .6'1g
WHEREAS, the City Council of the City of Seal Beach
did on the 11th day of September, 1946 adopt Resolution No. ,96
providing, among other things, for the sale 01' notes, tax
anticipation warrants, or other evidences of indebtedness and
providing' for public sale thereof after advertising two (2)
separate times in the ~eal Beach ~ ~ Wave, a newspaper of
general circulation within the County of Orange and City of
Seal Beach and providing that said sale be held on the 9th
day of October at the hour 01' 7:30 o'clock P.M. at the office
of the City qlerk in the City Hall of Seal Beach, California.
NOW, THEREFORE, it being the hour 01' 7:30 o'clock
P.M. and the date the 9th daY. of October, 1946 and there has
been received from Bank 01' America National Trust and Savings
Association an offer to purchase $3,,000.00 of such notes,
tax anticipation warrants, or other evidences 01' indebtedness
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for the sum of $ ~.( ~ -.. and to bear interest at the
rate of five per cent (;%) per annum.
NOW, THEREFORE, BE IT' FURTHER RESOLVED that said
bid is the highest and best bid received.
BE IT FURTHER RESOLVED that the bid of Bank of America
National Trust and Savings Association for the purchase o~ said
notes, tax anticipation warrants, or other evidences of indebt-
edness is hereby accepted and the L~yor, Chief Accounting Officer
and City Treasurer are hereby authorized and directed to execute
any and all necessary documents as may be lawfully required for
'the issuance of of said notes, tax anticipation warran~s, or
other evidences of indebtedness on behalf 01' the City 01' Seal
Beach, California.
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Resolution Number
ADOPTED, SIGNED AND APPROVED this 9th day of
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I' ~ ~ 1.' .October, 1946.
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STATE OF CALIFORNIA )
County of Orange, ) SSe
'01 ty 01' Seal Beach, )
I, JOHN W. MULCAHY, City Clerk of the City of Seal
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01' Seal Beach,
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Beach, Calitornia, do hereby certify that the foregoing resolution
was duly adopted at a regular meeting of the City Counc;l:l held on
the 9th day 01' October, 1946, .by the following vote of the
members, to wit: ,
AYES: Councilmen ,A'VTi.etf; SHVreJ.7: J'~cLJ/ J/lcc.l(e~
NOES: Councilmen NONE
ABSENT: Councilmen W & " S TE' ~.
C' y Clerk of the City 0
ea1 Beach. Ca11:C
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