HomeMy WebLinkAboutCC Res 246 1935-05-16
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RESOLUTION NO.:Z ~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL
BEACH, ORANGE COUNTY,CALIFORNIA,AWARDING BONDS OF SAID
CITY TO THE UNITED STATES OF AMERICA UNDER CERTAIN
LOAN AND GRANT AGREEMENTS.
The City Council of the City of Seal Beach,County of Orange,State
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of Calitornia, does hereby- RESOLVE:
seotlon 1: That the following desoribed bonds of the City of' Seal
Beaohibe and they are hereby sold and awarded to the United Statlll ot
amerioa pursuant to Loan and Grant Agreement P.W.A. Docket No.8839-,
,for pal' plus aocrued interest to the date of their delivery,towit:
Bonds designated as Sewage Treatment Bonds of 1935,dated
Deoember 1,1934,bearing Interest from their date until maturity
at the rate of~our per cent pel' annum payable semI-annually,
being numbere~ from one to f'orty,belng of the denomination of
~l,OOO.OO eaoh,and maturing t2,000.00 in each of the years 1935
to 1954,both inclusive; and further
That the City Clerk of said City is hereby authorIzed and directed
to deliver-said-bonds.to-~he purohaser,after the said bonds have been
ex~cuted by the officers of said oity thereunto authorized and directed,
upon receipt of the purchase price of said bonds as hereInbefore
specified.
Section 2: That the following described bonds of the CIty of Seal
Beach,be and they are hereby sold and awarded to the United States of'
America pursuant to Loan and Grant ~greement P.W.A. Doo'ket No.6410,
for par plus accrued interest to date of their delivery,towlt:
Bonds designated as Breakwater Bonds of 1935;dsted IYlBrch 1,1935,
bearing interest from their date until maturIty at the rate of foul'
pel' oent per annum payable semi-annually,being numbered from
one to sixty-two,being 01' the denominat!on of '1,000.00 each,
and maturing ~3,OOO.OO in eaoh ot the years 1936 to 1953,both
Inclusive,and ,4,000.00 in eaoh 01' the years 1954 to 1955,both
incluslve;and further
That the City Clerk of said City is hereby authorized ahd direoted
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to deliver said bonds to the purchaser,atter the said bonds have
been executed by the offIcers of said city thereunto authorIzed and
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ResoTtition Number
d1rected, upon receipt of the purchase price of said bonds as herein-
before specifIed.
Passed, adopted and approved, thIs 16th day of &~y, 1935.
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, c,~-,---Ollie B.Padrick,
MB.YO' ~~ tseaJ. Beach,
California.
do hereby cert1fy that the foregoing reso-
lution was duly passed,adopted and approved by the City Council of
the CIty of Seal Beaoh,Califarnia,at a regular meet1ng thereof held
on the 16th day of may,1935,by the follo ing votes:
AY1l8:
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ABSENT: CouncIlmen ~.I.J
c~r~~~eal
California.
BeaCh,
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Resolution Number
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STATE OF CALIFORNIA)
COUNTY OF ORANGE ) sa.
CITY OF SEAL BEACH )
I, Ollie B.Padrick,City Clerk of the City of Seal Beach,
County of orange,state of California, do hereby certIfY that the fore-
going is a full, true and correot copy of the ori~nal Resolution
No.~,now on file and of record in ~ office,Wlth Which original
I have carefully compared the aalJl8.
~ _... IN WITNESS WHERmF, I have hereunto set ~ hand and
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~ g'ffJ:Xed taie official seal of said City or Seal Beach;' this 16th
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day of d'i;:;1935.
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C1tY~~O~~~a~ Beaoh; .
California.