Resolution 09784-ARESOLUTION NO. 97814
A RESOLUTION AWARDING THE SALE OF
1982 TAX AND REVENUE ANTICIPATION NOTES
ORIGINAL.,
RESOLVED, by the City Council of the City of Alameda, California, as
follows:
WHEREAS, pursuant to its Resolution No. 9761, adopted June 1, 1982,
which resolution provided for the borrowing of funds for fiscal year 1982-1983
and the issuance of 1982 Tax and Revenue Anticipation Notes tnerefor, and
called for bids on the sale of said notes, and notice of said sale has been
duly given; and
WHEREAS, on the date hereof bids for the sale of said notes were
publicly opened and examined and referred to this City Council;
NOW, THEREFORE, IT IS ORDERED, as follows:
1. That all written bids received for purchase of said notes excepting
the bid herein stated, be, and they are hereby, rejected, and that said notes
be, and they are hereby ordered sold to First Interstate Bank of California,
as the highest bidder, said sale to be subject to all of the terms and
conditions set forth in the Notice of Sale of said notes and in said accepted
bid.
2. That the City Clerk be, and she is hereby, directed to have said
notes printed, and that the same be immediately signed, sealed and delivered
to said bidder on receipt of the amount therefor and upon the performance of
the conditions contained in said written offer.
3. That the interest rate on said notes be, and the same is hereby
fixed at 9.71%, the rate stated in said bid
PASSED AND ADOPTED by the City Council of the City of Alameda,
California, this 15th day of June, 1982, by the following vote:
AYES: Councilmen Diament, Gorman, Sherratt, Stone, and President Corica - 5.
NOES: None.
ABSENT: None.
(S E A L)
Attest:
„„,