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HomeMy WebLinkAbout2864 RESOLUTION NO. 2864 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA. AUTHORIZING THE SALE OF BONDS J PURSUANT TO PROVISIONS OF PART 2, DIVISION 6 OF THE STREETS AND HIGHWAYS CODE. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION 1. That pursuant to a call for bids, as called for in Resolution No. 2856 of said city, which resolution duly was published, the City Council hereby finds and determines that Publix Title Company is the best responsible bidde~ for cash for the purchase of said bonds iSSued pursuant to Resolution No. 2819 of said city, and hereby autho- rizes and orders the sale of said bonds to said b~dders under the terms and conditions set forth in said Resolution 2856, and said Part 2, Division 6 of said Streets and Highways Code. The City Council further finds that said bid is for the par value of said bonds in the amount of $9,792.98, with interest at 6% from the date of the bonds. SECTION 2. The City Clerk shall certify to the adoption of this resolution and thenceforth and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 5th day of February , 1957. JZ~)f. (~~alifOrnia ~ r 1 yl&~ a regular the 5th I HEREBY CERTIFY that the foregoing resolution was adopted at meeting of the City Council of the City of Arcadia, held on day of February , 1957, by the following vote: AYES : Councilmen Jacobi, Dennis, Phillips, Reibold and Camphouse NOES Councilmen None ABSENT: Councilmen None el24h:.d~ ~ C ty C er 11l96l\E8