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City Bonds <br />Award Resn. <br /> <br />is the bid for said bonds yielding the lowest net interest <br />cost. Said bid is hereby accepted and the bonds awarded to <br />said bidder in accordance with the terms of its proposal. <br /> <br /> Section 2. That all bids other than the one <br /> <br />accepted in Section 1 hereof are rejected and the Clerk of the Council <br />is directed to return the checks accompanying said rejected <br />bids to the respective bidders. <br /> <br /> Section 3. That the interest rate(s) on said <br />bonds is (are) hereby fixed at the rate(s) stated in Sec- <br />tion i hereof. <br /> <br /> Section 4. The City Treasurer is hereby directed <br />to deliver said bonds to the successful bidder upon the pay- <br />ment therefor and accrued interest to date of delivery, if <br />any. <br /> <br />June <br /> <br />ADOPTED, SIGNED AND APPROVED this 12th <br /> , 19 62 . <br /> <br />day of <br /> <br /> · ~yor of the~O~ <br /> ATTEST: ~ Califormia <br />Clerk-of'the Co~. of the City of S~ta ~a, California <br /> <br />(SEAL) <br /> <br /> <br />