HomeMy WebLinkAboutCC Reso No 1925-131
RFjSOLUTION. NO. 131.
A FJ;r;OLUnON OF' THg BOARD Clt' TliUS l'EE::', OF THE CITY OF EL~;n~CPJL0
CALUC;RNIA, PROVIDING Fon THE CEEATION OF jl. l<4UNIGIPAL riEKEP
BOND 1924, REDEMPTION FUND ANI FeH THE PLACING or '.tHE PfJi~idUM
AND AOCEDED IN'1:ERiGT R.CCEIV1JJD FF;Ol>i I!'HE S,~I>E Of :: UD MUNICIPAL
SEWEr. BONDS, INTO SAID RJDDEMPTION FUND AND TO BE USED FOR 1924
MUNICIPAL SE~'ER BONn PURPOSES.
~~-----------~------
';;HEEBAS, this Board has on th$ 11th d8.y of May,1925 awarded the sale of
$28,000.00 Elsinore Muni.cipal Sewer Bonds 1924 to the Anglo)London Perin Co
of San Francisco, California, whoge bid of P~rf plus a Premium of t1266.oo
e.nd accrued int6rest to date of delivtry,was the highest and best bid,and;
WHF;r{ID.AS, this Board deems it nec6sae.ry and ndvirHlbltl thflt the s,<dd Premium
t!nd accrued interest received from the 6ale of said Municipal 1924 Sewer Bonds
be placed into ~, Sewer Bond Fund I'nd used for the redemption 0 f I'Jflid Bond s.
NOW lHEREFORE, be it hereby recolved that e 1924 MunicipAl Sewer Bond,
B.edemption Fund is hereby provided, end that the Premium of 266.00 and
the accrut'd interest from the sale of said Municipal 1924 Sewer Bonds be
pb.ced in said Redemption Fund and used for 1924 Municipel Sewer Bond purposes.
Signed and approved this 26th day of Mey,A.D. 192;;.
Presiaent 01 the Bovrd of Trustees
of' the City of El sinore. Cfllifornia.
-'-- --_-..~"" .._._..."""~_.._--,.....-
Attest:
~d~~~
-city Clerk. '