HomeMy WebLinkAboutResolution No. 7520 0
RESOLUTION NO. 752
A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF
AZUSA AWARDING QID SELLING STRFM WORT: BONDS Or SAID CITY TO E. H.
TOLLINS & SONS, AIM PROVIDING FOR THE DELIVERY OF THE SAME TO SAID
PURCHASERS.
The Board of Trustees of the City of Azusa do resolve
as follows:
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WHEREAS'the City of i.zusa has issued the following Uunici-
pal Bonds to -wit: Street ido rk Ronds in the stun of Thirty-five Thousand
35,000) Dollars, dated November 1st, 1923, bearing interest at the
rate of six (bio) percent per annum, payable semi-annually in accord-
ance with the previsions of Ordinance No. 225 of said City of
Azusa, and
WHEREAS, E. H. ROLLINS & SONS bid the sum of par, accrued
interest to the date of delivery and a premium of Two Thousand
Eight Hundred Eighty-seven and 75/100 (p2867.75) Dollars for the
said Street Work Bonds and the same sum so bid was the highest and
best bid received for said bonds and each and all thereof and the
highest sum bid therefor:
NOW THEREFORE, BE IT RESOLVED, that said Bids of E. H.
ROLLI14S & SONS for said Bonds be and the same is hereby accepted
and said Bonds and all of them are hereby sold and awarded to said
�. H. ROLLINS & 30113 in pursuance of their said bid therefor.
A14D BE IT FURTHER RESOLVED, that all other bids received
for said bonds be and the same are hereby rejected and the City
Clerk be and he is hereby instructed to retunr the checks accom-
panying the same to the respective bidders.
AT1D BE IT FURTHER RESOLVEDthat I.. Case, rresident of
the Board of Trustees of said City, and J. 0. Durrell, City Clerk
of the City be, and they are hereby authorized to duly execute
said bonds in accordance with the provisions of said Ordinance Ito.
225 of said City of Azusa and to deliver the same to dilliam J.
Holden, City Treasurer of said City for signature by him and delivery
to said purchaser in accordance herewith upon payment to said Treas-
urer of said sum of par, accrued interest to date of delivery And
premium of Two Thousand Eight Hundred 3ighty-seven and 75/100
($2887.75) Dollars, bid therefor as aforesaid.
The City Clerk shall certify to the adoption of this
Resolution and thereupon and thereafter the same shall be in Hill
force and effect.
ATTEST:
Adopted this 17th day of December, 1923.
L. CASE
President of the Board of Trus ees
of the City of Azusa.
J. 0. DURRELL
City Clerk.
STATE OF CALIFORNIA, }
COUNTY OF LOS QIGFLES, ) SS.
CITY OF AZUSA. )
I, J. 0. Durrell City Clerk of the City of Azusa, do
hereby certify that the foregoing Resolution was duly adopted by
the Board of Trustees of the City of Azusa, and signed by the
President of said Board at a regular meeting thereof held on the
17th day of December, 19-23, and that the same was passed by the
following vote, to -wit:
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AYES: TRUSTEES:Moon,Meier, Case, Chenoweth, Peirce.
m
NOES: TRUSTEES: bone.
ABSENT: TRUSTEES: None.
J. 0. DURRELL
CtClerk�of the�C —y -of Azusa.