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HomeMy WebLinkAboutCC Resolution 2686RESOLUTION NO. 2 �-, ko�> RESOLUTION AUTHORIZING SALE OF BONDS WHEREAS, this City Council of the City of San Rafael, Marin County, California, has received a written proposal by S. C. POHLMAN COMPANY offering to purchase improvement bonds to be issued by the City of San Rafael to represent the unpaid as- sessments levied pursuant to Resolution of Intention No. 2674 adopted by this City Council on the lst day of October, 1962, for the payment of the construction of improvements, and all of the incidental expenses, in connection with Loch Lomond High- lands Unit One 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 S. C. POHLMAN COMPANY of November 5, 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 Nwarber 5, 1962 be, and the same is hereby, accepted and that said bonds be, and they are hereby, ordered sold to S. C. POHLMAN COMPANY in the amount and subject to the terms and conditions stated in the bid of the said S. C. POHLMAN COM.-PANY; 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 BE IT FURTHER RESOLVED that said bonds shall be dated the 2nd day of December, 1962 and shall bear interest from said date; and BE IT FURTHER RESOLVED that a certified copy of_the Pmended Engineer's 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 Amended Engineer's Report 0RIGIPJ:IL e and Assessment shall constitute the unpaid list of assessments provided to be filed with the Treasurer of the City under the provisions of Section 10,600 of the Streets and Highways Code of the State of California. I HEREBY CERTIFY that the foregoing Resolution was duly and regularly adopted by the City Council of the City of San Rafael, Marin County, California, at a regular meeting thereof, held on the 5th day of November, 1962, by the following vote, to wit: AYES: Councilmen NOES: Councilmen ABSENT: Councilmen Aby, Baar, Jensen, Menary and Mayor Mclonh W; L. MORGAN W. L. MORGAN, City Clerk, City of San Rafael, County of Marin, State of California W. C.f ORNWELL' DEPt j f Y CITY CLERK -2- (SEAL)