HomeMy WebLinkAboutResolutions 84-291 N.C.S. 11/19/1984resolution No. 84-29T 1~1, C. S.
of-the City of Petaluma, California
RESOLUTION ACCEPTING BOND BLD
WHEREAS, the City Council of the City of Petaluma has
heretofore initiated assessment proceeding pursuant to its
Resolution of Intention No. 84-78 NCS under. the Municipal
Improvement Act of 1913 (Division 12 of the California Streets
and Highways Code), and has confirmed said assessment in the
total amount of $2,492,887.08; and
WHEREAS, said assessment proceedings provide. for the
issuance of bonds in an amount not to exceed the total amount of
said assessment as confirmed, all pursuant to the Improvement
Bond Act of 1915 (-Division l0 of the; California Streets and
Highways Code);. and
WREREAS, the City Council has received from Wulff,
Hansen & Co. a bid for the bonds to be designated "City of
Petaluma, C'al'ifornia Improvement Bonds (Downtown Parking
Facilities), Assessment District No. 14," in the: aggregate
principal amount of $2,411,439.92 (thee"'Bonds,"), which bid the
City Council finds to be .acceptable, considering the interest
rate(s) specified,, discount requested or the premium offered;
NOW, THEREFORE, BE =IT ~~RESOLUED" AND ORDERED by the C,i.ty
Council of the City of Petaluma, as follows:
Said bid of Wulff, Hansen & Co. is hereby accepted and
upon the issuance of the Bonds, the Finance Officer of the City
is hereby authorized., and directed to deliver 'the Bonds to said
purchaser thereof upon payment to the Finance~Officer of the
City of~the purchase price set forth in the bid of said bidder.
LTnder;the power and authority conferred ,upon this Council by the Charter of said City.
I .hereby certify the- foregoing Resolution. was introduced and adopted by the, Approved s to
Council' of the City' of Petaluma at a (Regular.) (1j(c~~~), ~C / meeting °
on the ---:-~..9.t.~1..__._,.: day of .....1~l.QV.P:1S~k1~-r . ......... ............ 19~ by the
following. vote;
City Attorney
AYES: Tenter, C:avanaah, Balshaw, Vice Mavor pond, Mav Mattei
NOES: none
ABSENT: P ry ~ 'l a
ATTEST: ;, ~
Clerk - - Mayor
Council File...pp._~~.~~..... .. ..r ~+
Form, CA 2 7/81 Res. No....G2.`.Y.-G~.~....IV CJ