HomeMy WebLinkAboutMinutes 09/21/1937.,September 21,, 1937.
11_0 ibl'lolck A., .
Adj6urned m.e?etinjz :of the Council of the City of Petaluma
called to order by Mayor.Woods,on,
ROLL CALL
. - . Tr'e6ent:. 'Councilmen De1ss,_Gerv&s0ni_ Penry, Peters, 'and
Mayor'Woods6h..
Absent:, Councilmen-Ingerson, and Myers.
Resolution". s(warding. contract ; f or. sale. of Bonds:
Resolution #,
introd(iced by C'J;)unci,.1man Qerva:soni.,:'.se.cond(e.db Peters.,
accepting; the b'Ld..of,,Americ.an..-.-Tr.u,.s,t-,-06mpa-ny...&.,,,,Ka.i'Fs
aated',Sept embor i 20,, 1,937_.,,_.agr_e.eing to pa y. the ..C'it'y of P etaluma
f or said $250.,000,0,00. par. value._G'it,. -Petaluma 'Municipal. Improvement
Bonds; . 19,57" - the sum... of, $260 006_000,, being the' par value thereof
and abe-ru0d• intogreat to- the: date, of delivery. . to ge ther with 6 -premium
of $144 ® 00, said bonds to..besx.. irit.eres.t, at the. rate .o .4%- per annum,,
.maturing $8,000 �each.- year . September, to 'September - 1, 1,943., both
inclusive; and 2-1 per - a-nnuin.,,.. maturing. .'$8,000. each year September
1 1944 to SeDt 1, both ,inclusive, and $2.,000. maturing
September 1, 191'9;. - directing the Clerk, to cause the bonds -and 'coupons
to be printed to comply with .the-.provisions of Ordinance No 476 C.So"
and Resolution No., 4677,C..S. and :the.. bid of said American Trust Company Kais Company, and.,.dire.c_t,irfg the. Mayor and City Treasurer to sign
the same. a-nd. the City- Clerk to countersign .:the. same, adopted by 5
affirmative- votes., 2 absentees,
AWOURFaRT
- = , er - .e being ,_no further biis-iness to come before the meeting
:on motion by C by Councilman -Penry, the
meeting adjourned. Motion carried, and so
ATTEST:,
'C ITY __ C LERK_