HomeMy WebLinkAboutCC Res 59 1922-01-05
l
-,-
It
il~
-
.
RESOLUTION NO.
5"1
r .l
,
--00000--
1
2
3
"
5
6
7
8
9
10
11
12
A Resolution of the Foard of Trustees of the City of
~eal Feach declaring that water bonds of the City of Seal :Beach
in the sum of Fifty Thousand Dollars ($50.000.00) for the ac-
. .
~i8ition. construction and completion by ~he City of Seal Feach
of a certain revenue prodllcing municipal improvement. to-wit:
Water Works for supplying the city and its inhabitants with wate~
including the acquisition of lands. rights of way. machinery.
pipes. apparatus. wells.-pipe lines. mains. laterals and attach-
ments an,,- other works necossary t~erefore. be sold at private
sale.
RESOLVED:
Section 1. That whereas the..A;oard of Trus~of the.:?
I ~ ~t".#t,-,~
Oity of Seal Beach.did on the I 0....: day of .-,/- 1921.
~: by Resolution ~~. order ~he iJUblication of otice for bids
for those certain bonds of the City of Real Beach. California.
17
18 in the swn of Fifty Thousand Doll~rs ($50.000.00). for the pur-
19 pose of the acquisition. construction and completion by the
20 City of Beal Feach, of a certain revenue producing municipal im-
13
14
21 provement. to-wit: Water Works for supplying the
inhabitants with water. inclUding the acquisition
City and its
of lands. rights
22
23 of way. machinery. pipes. apparatus. wells pipe lines. mains,
24 latexals. meters and attachments and other works necessary there-
for.
25
26
Rection 2. And whereas the Foard of Trustees o~ the
Oity of 3eal Beach by said Resolution, fixed tho time for open-
27
28 ing bide' for said bonds aforesaid. on Tl1ursday. the 22nd day of
'December. 1921. at the hour of eight olclodk P.M. at the City
29
30
31
32
Hall of the City of Real Beach, California.
. Rection 5. And whereas. after notice duly given as
required by law. asking for bids for said bonde afores~id. under
said :Resolution .K X ,there were no bids on fi~e ;or said
bonds.
,
...
..~,
"
. ~"
'\.~~'. .
l.,!,~
I
.~
,
10
i~
12
"
13'
14
I
15
16
17
18
19
20
21
22
23
~
24
I
25
~
27
28
29
30
,-
,
31
32
'.
Resolution Number
, .
C(
'~.'vt.
Now therefore, the Board of Trustees of the City of
1 Seal FeaOh, do by this Resolution, deolare that said bonds shall
2 be sold by the Oity of Seal Beach at private sale for the best
3 bid obtainable therefore, which shall not be for less than the
4 par value of said bonds, pluss accured interest.
5
1 hereby certify that the foregoing Resolution was
duly and :i: egularly introdUced and adopted by the :Roard of Trust-
ees of the Cit~~~eal Beaoh at a regular meeting of said Bo~rd
held on the dai,t of January, 1922, by the following vote.
6
,,7
8
,9
Noes
4
~~
Aye
Absent
7t~--
CITY PRINTING
...,. .. ~
NQ.T/dE..QF S"LE OF BONDS AND
INVITING SE"LED BIDS
Attest:
NnthJl'l Is hprehv given by the un.,
(fprRfA'ned,' nlll Cft" ('Jerk of the City
ot Seal llPRch, t11f1t the Hoard of
'J.'J'us1ees thereot. otters for B:l.1e
l:'lvl1h or the munfclpnl bonds of,
Raid elt, beln" Water 'Yorks Bouds,'
numbel Pit from nnf' to eIghty, botb I
lucluBhe. and con8hlt1n~ of forty!
bonds of the (lanolnlnntion of OUP
Thousand DoPnrM ($1.000) pach nnd
forty of said hondA ot the denomIna-
tion of Two Hunrtred Flay DollRrR
1($25000) eacll, natl .ald banda 8~gre
I gating Fifty Thouaand Dollan
I ($50.000) and bearing Int.lre.t et the
rate or six per cent per annum. pay.
I able semi.annuaJly on the and day or I
Julv. an"- the 2nf" day of January of
each year unttl paId, said bonds 8'rfl
dated JanUAry 2nll. 1922, and two of
, said bonds, one for One Thousand.
Dollars, ($1,000) and one for Two I
Hundred Fifty Dollars ($25000), ma,
tures and Is payable on said day,.
Hnd the balance of said bonds. tlllt
18 on, bond for One Tllouaalld Dol~ I
la~1I ('1.000), and one bond lor TWol
'Hundred Fifty Dollars ($250.001 me'
tureB, and is paYDJble each yeAr there..
after, on the 2nd day of .JRJlURrv..
hoth nrtnclnnl and Interest are 'Pay.,
a.ble in lawful money ot the UnIted
States at the office of the Trf'lJtsnrpr
or Iho City of Seel B~.ch. ID ...Id
rtty, County or OranR'8. State or I
C'al1tOlJlla
Th(\ Bonrd of Trusteea of the City:
r of Sri'll lleoacb wfll rpcflolve sented
blils 'or thpse eighty bonds, and aU
bids nlll.1i1t bE" ftle<1 With thl' under-
RlllDed, n. ('It V Clerk of said CIty,
.t-",rorf' the hour of e[gllt o'clock
P 1\1 of Thursday, December 22.
1]921.
Each bid must be accompanied by
In chpt'k ra).a.bla to the Treasurer of
the f'lty of SMI Beeell. and oerUfled
f by n responsible bank. in D. Bum
I amounting to at loa8t two per cent
lor the amount bid. The certified
'check of Rny party whose bid Is not
aocE'nted. will be l'eturned to thE"
party or person depositing the r.heC'k.
I No hM wlJJ be considered for 1ellB
than the PD.I' value or the bondH Rnd
811 accrued interest. the Board of
Trustees re881 ves the right to reject
""I}. and ,..11 bid., Bnd doeR not agree
1Q accept an)" bid, or to sell sa.ld
bonds to any bidder.
ilated: Seal Beach, CalIfornia.
December 1, 1921
(Seal) n, B. BROWN,
City Clerk of t\le cIty of Se.1 B.ech,
OrangE" County. Calffornla
FIrst flublLcaUoll December 8, 1981.
l...ast PublIcation December 18. 19Jt
~
- . .-
. ------ ... ~ ---. --
.