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AND WHEREAS, the said bid of BANK OF AMERICA NATIONAL <br />T~UST AND SAVI~ ASSOGIATION <br />is the highest bid for said bonds~ considering the interest <br />rate(s) specified and the premium offered, <br /> <br /> NOW~ THEREFORE, BE IT RESOLVED by the City Council of <br />the City of Plea~santon as follows, to wit: <br /> <br /> 1. Said bid of BANK OF AMERICA NATIONAL TRUST <br /> <br />AND SAVINGS ASSOCIATION <br /> <br /> for $190~OO0 par value of said bonds shall be, and is hereby <br /> accepted and the Treasurer of the City of Pleasanton is hereby <br /> authorized and directed to deliver said bonds to said purchaser <br /> thereof upon the payment to said Treasurer of the purchase price, <br /> <br />to wit: said par value thereof and a premium of $ 229.00 , <br />together with accrued interest at the following rate(s): <br /> <br /> Bond Numbers Interest Rate <br /> (inclusive) Per Annum <br /> i to 26 ~½ <br /> 27 to ~o 2-~/~, <br /> ~l to 7~ ~ <br /> <br /> zos to ~ ~ % <br />Said bonds shall bear interest at the <br /> <br />said rate(s) hereinabove set <br /> <br />forth, payable semi-annually on January 15 and July 15 of each <br />year. <br /> <br /> 2. That all bids except the bid of BANK OFAMERICA <br /> <br /> NATIONAL TRUST AND SAVINGS ASSOCIATION <br /> <br />are hereby rejected and the City Clerk is hereby ordered and <br />directed to return to the unsuccessful bidders their several <br />checks accompanying their respective bids. <br /> <br /> 3. The City Clerk is directed to cause to be <br /> <br />lithographed, printed or engraved a sufficient number of blank <br /> <br /> <br />