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The assessments against publicly owned property will <br /> <br /> be payable over a period of five (5) years and will bear the <br /> same interest rate as bonds maturing July 2, 1969, to July 2, <br /> 1973, inclusive. <br /> <br /> DATE'OF BONDS AND INTEREST RATE: Bonds are to be <br /> <br /> dated the 2nd day of July, 1968. Bonds will bear interest from <br /> their date. Interest rate is fixed in the Resolution of Intention <br /> at not to exceed six per cent (6%) per annum. 'Such interest shall <br /> be evidenced by coupons attached to each bond, and each of ~aid <br /> bonds shall represent six months' interest on the bond to which <br /> it is attached. The first coupon will be for interest from the <br /> date of bonds to January 2, 1969. <br /> <br /> PURPOSE OF ISSUE: Said bonds are authorized to be <br /> <br />issued and assessments against publicly owned property are <br />ized to be levied, by the City Council of the City of Pleasanton, <br />Alameda County, California, by Resolution of Intention No. 68-49 <br />and proceedings subsequent thereto. The purpose is for the construction <br />of sanitary sewer line and appurtenances. These improvements <br />sre within the boundaries of the assessment district designated, <br />*'Assessment District 1967-1, West Pleasanton Sewer, City iof Pleasanton, <br />Alameda County, Californi'a," and reference for details is made <br />to the proceedings for the formation and completion of said assess- <br />mont district. <br /> <br />-3- <br /> <br /> <br />