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HomeMy WebLinkAboutResolution No. 417RESOLUTION NO 417. A RESOLUTIO Ol' T11E BOARD Or TRUSTE MSS THE CITY OF AZUSA DETERMINING THE MAAimm IN VAin THE 80NDS `AUTHORIZED TO BE ISSUED UNDER RESOLUTION NO 412 OP'THE CITY OF AZUSA, PASSED ON THE 9th DAY Ola NOMMER 1914 SHALL BE SOLD. Resolved by the Board of Trustees of the City ofT Azusa, as follows; SECTION 1. WHEREAS, at an election held on the 24th day of October 1914, the qualified electors of the City of Azusa at a special election, authorized the issuance of municipal w$ter improvement bonds in the sum of Thirty-five Thousand ($35,000,00) Dollars and Whereas, the Board of Trustees of the City of Azusa have provided in Resolution NO 412 and gassed the 9th day of November 1914, and in Resolution NO 415 passed the 2nd day of December,1914, for the issuance of said bonds and Whereas said Board of Trustees has received favor- able offers for said bonds without the necessity of the time and expense taken in advertising thw same at public sale. Now Therefore, the Board of Trustees hereby deter- mines that the sale of the Municipal W4ter Improvement Bonds in the sum of Thirty-five Thousand ($35,000.00) Dollars be made ay,private sale at'the best price obtain- able thereat but in no case less than par value with accrued interest. Section 2. The City Clerk shall certify to the passage of this Resolutign an¢ the same shall take effect and be in full force immediately upon its passage. J.S.Colins. _ President olf the Board of Trustees of the City of Azusa. ATTEST: 9 0 U I hereby certify that the foregoing Resolution was passed by the Board of Trustees, signed by the President of said 'Board and attested to by the City Clerk all at a regular meeting held the 2nd day of December 1914, by the following votei , Ayeb; Thompson, Patty,'Clark, Collins. Noes; None. ` Absent;Baines. City Clea: of the City of Azusa. C (seal) � ��3 -- (��