RES 68098 - Laserfiche WebLink

RESOLUTION NO. ~-qB RESOLUTION AUTHORIZING SALE OF BONDS WHEREAS, on the 6th day of May, 1968, the City Council of the City of Pleasanton, Alameda County, California, authorized the publication of an Official Notice Inviting Bids for the purchase of an estimated $523,061.53, principal amount, of bonds for Assessment District 1967-1, West Pleasanton Sewer, City of Pleasanton, Alameda County, California, and for the purchase of $357,307.20 in assessments levied against property owned by the City and County of San Francisco; and WHEREAS, the City of Pleasanton has advertised for bids for sale of bonds to be issued to represent all estiMated, unpaid assessments and the assessments against publi~ property; and WHEREAS, Robert E. Schweser Co. of California. Ltd. have offered to purchase all of the bonds representing estimated unpaid assessments and the assessments against public property at the following ra~e or rates of interest: 95.06%~f the par value Of bonds and 100% of the par value of assessments against public property, to bea~ interest at the following rates: for.bonds maturing 1969-1973, Sncluslve~ 6%: .for bonds maturin~ 1974-1975~ incL. 5.60%: for bonds maturing 1976 - 1977, incl., 5.75%: for bonds maturing 1978 - 1980, ~ncl.~ 5.90%; for bnnd~ m~ur~nE_lqR1 - lqR~o ~1' . 6%~ ~nd 6% per annum for assessments against public property. NOW, THEREFORE, BE IT the City of Pleasanton, Alameda bonds to be issued to represent estimated unpaid assessments the assessments against public property be sold to Robert E. Schweser Co. of California, Ltd., at the price named in their bid on file herein, plus accrued interest from the date thereof until paid. BE IT FURTHER RESOLVED that bonds shall be issued to represent all of the unpaid assessments with the exception of the assessments against public property RESOLVED by the City Council of County, California, that said and under the provisions of ORIGINAL