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In Re <br /> <br />Resolution No. 6?2 <br /> <br />In Re <br /> <br />Sa~e of Bonds. <br /> <br />Approved: <br /> <br /> ard of C~%y Trustees. <br /> <br />Trustee Tubbe introduced a Besolution providing for <br />the form of municipal bonds to be issued by the ¢ltylof <br /> <br />8ants Aha in the sum of $234,000.00 authorized at th, <br />special election called and held July 20th, 1920 and <br />providing for the placing of the money derived from <br />the aa]e of said bonds in the municipal treasury <br />to the credit of the different and separate funds fo: <br />which the same was voted. The Resolution was read, <br />and considered and designated Resolution No. 672 and <br />on motion of Trustee W. A. Greenleaf, seconded by <br />Trustee H. H. Dale, and carried, the roll was called <br />arid Resolution Nc. 6?2 was passed and adopted by t he <br /> <br /> following vote: Ayes: Trustees Mitchell, Tubbs, Chap. <br /> man, Dale, Greenleaf. Noes: Trustees None, Absent: <br /> Trustees, None, <br /> <br /> and the ease was thereupon eeclared passed by the <br /> President of the Board of Trustees. <br /> <br /> # <br /> <br /> Pursuant to the terms of Resolutl~on No. 672 of the <br /> City of Santa Ana, the Board of Trustees determined <br /> to sell the bonds of said City at privste sale and <br /> the First National Bank of the City of Santa Aha haw, <br /> lng presented a~ filed its bid for the whole <br /> $234,000.00 worth of said bon~, at par and all in- <br /> terest accrued et the date of their delivery and <br /> accompanied said bid with a check duly certified and <br /> 'payable to the City of Santa Aha inthe sum of <br /> <br /> aa evidence of good faith, and the eald bid being th, <br /> highest and bast hid made or reclved, it was accepteJ <br /> and the municipal bonds of the City ef Santa Aha, <br /> in the sum of $234,000.00 to be represented by 225 <br /> bonds in the denomination of ',~1,000 each and <br /> bonds in the denomination of $360 each, all dated <br /> September 1st, 1920 and payable in 25 equal annual <br /> installments being an annual payment of $9,360.00 <br /> commencing September let, 192~ and bearing interest <br /> at the rate of 5~% per annum payable semi-annually <br /> <br /> the First National Bank of the City <br /> <br />was awarded to <br />Santa Ans. <br /> <br />No further business appearing and on ~tlon of <br /> <br />W. A. Oreenlaaf, and seconded by Trustee H. <br /> <br />and carried, <br />~th, 7:30 P. <br /> <br />the Board adjourned to <br /> <br />M. City Hall, Cou~nil Chamber. <br /> <br /> Trustee <br />N. Dale <br />November <br /> <br /> <br />