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HomeMy WebLinkAboutCC Resolution 2604RESOLUTION NO. *q RESOLUTION AUTHORIZING SALE OF BONDS WHEREAS, this City Council of the City of San Rafael, Marin County, California, has received a written proposal by SHAW, HOOKER & CO. offering to purchase improvement bonds to be issued by the City of San Rafael to represent the unpaid assessments levied pursuant to Resolution of Intention No.2590 adopted by this City Council on the 7th day of May, 1962, for the payment of the ac- quisition of improvements, and all of the incidental expenses, in connection with Oak Woodlands Unit Two Assessment District, City of San Rafael, Marin County, California; and WHEREAS, it is the opinion of this City Council that the public interest and convenience will be served by accepting the offer of the said SHAW, HOOKER & CO. of May 7, 1962, and will also be served by selling the said bonds at the price therein named; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of San Rafael that said proposal of May 7, 1962 be, and the same is hereby, accepted and that said bonds be, and they are hereby, ordered sold to SHAW, HOOKER & CO. in the amount and subject to the terms and conditions stated in the bid of the said SHAW, HOOKER & CO.; and BE IT FURTHER RESOLVED that the interest rate of said bonds be, and the same is hereby, fixed at the rate stated in said bid; and 11th BE IT FURTHER RESOLVED that said bonds shall be dated the day of June 1962, and shall bear interest from said date; and BE IT FURTHER RESOLVED that a certified copy of the Engineers Report, Assessment and Diagram shall be filed in the office of the City Treasurer of the City of San Rafael and that said certified copy of said Engineerfs Report, Assessment and Diagram shall constitute the unpaid list of assessments provided to be filed s 15—C