Loading...
HomeMy WebLinkAboutResolution No. 644RESOLUTION NO. 644 A RESOLUTION OF THE BOARD OF TRUSTEES OF TH'� CITY OF AZUSA AWARDING AND SEISING STREET WORK BONDS OF SAID CITY TO FRICK, MARTIN, AND COMPANY, AND PROVIDI_.G FOR TFL' DrLIVERY OF SAME TO SAID PURCHASER. The Board of Trustees of the City of Azusa do resolve as follows: 41 WHEREAS, The City of Azusa has issued the following Municipal Bonds, to -wit: Street Work Bonds in the sum of Eighty 'Thousand (480,000.00) Dollars, dated December 1st, 1920, bearing interest at the rate of six pf,r cent (60/0 per annum, payable semi-annually in accordance with the the provisim s of Ordinance No. 204 of said City of Azusa, and WHFM,'AS, Frick, Martin and Company bid the sum of par, accrued interest to the date of delivery and a premium of Two Thousand Five Hundred Eighty-nine ($2589.00) Dollars for said Street Work Bonds and said sum w bid was the highest and best bid received for said bonds and each and all thereof and the highest sum bid therefor: NOW,THEREFRE, BE IT RESOLVED, that said Bid of Frick, Martin and Company for said Bonds be and the same is hereby accepted and said bonds and all of them are hereby sold and awarded to said Frick,Martin and Company in pursuance of their said bid therefor. AND 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 return the checks accompanying the same to the respective bidders. AND BE IT FURTHER RESOLVED, that L. Case, President of tue Board of Trustees of said City, and J. 0. Durrell, City Clerk, of said City be and they are hereby authorized to duly execute said bonds in accordance with the provisions of said Ordinance No. 204 of said City and to deliver the same to William J. Holden, City Treasurer of said City for signature by him and delivery to said purchaser in accordance herewith upon payment to said Treasurer of said sum of par, accrued interest to date of delivery and premium of Two Thousand -Wive Hundred Eighty-nine ($2589..00) 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 full force and effect. Adopted this 28th day of March, 1921. L. Case President of the Boardof Trustees of the City of Azusa ATTEST: J. 0. Durrell _ City Clerk -of the City of�zusa STATE OF CALIFORNIA ) CITY OF AZUSA. ) SS I, 7. 0. Durrell, City Clerk of the City of Azusa, do hereby cer- tify that the foregoing Resolution was duly adopted by true board of Trustees of the City of Azusa, State of California, and signed by the President of the said Board, at a regular meeting thereof held on the 28th day of March, 1921, by the following vote, to-�,dt: 52 • • AYES: Trustees NOES: ABSENT City Clerk of the City of Azusa STATE OF CALIFORNIA ) CITY OF AZUSA. ) SS. I, J. 0. DURRELL, City Clerk of the City of Azusa, do hereby certify that the foregoing is a true and correct copy of Resolution No. 644 of the City of Azusa, Which Was duly adopted by the Board of Trustees of the City of Azusa, State of California, and signed by the President of said Board at a regular meeting thereof held on the 28th day of March, 1921. IN WITNESS WHEREOF I have hereunto set my hand and affixed the seal of the City of Azusa this 28th day of March, 1921. it Clerllc oftZity of Azusa