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RESOLUTION NO. 74-76 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SANTA ANA, CALIFORNIA, DIRECT- <br />ING THE CLERK OF THE COUNCIL TO PUB- <br />LISH NOTICE INVITING SEALED PROPOSALS <br />FOR $1,950,000 WATER REVENUE BONDS <br />DESIGNATED "1962 WATER REVENUE BONDS, <br />SERIES C." <br /> <br /> WHEREAS, a resolution providing for the issuance <br />of water revenue bonds of the City of Santa Ana in the amount <br />of $1,950,000 was heretofore adopted by the City Council of <br />said city; and <br /> <br />WHEREAS, it is desirable that said bonds be sold; <br /> <br /> NOW, THEREFORE, the City Council of the City of Santa <br />Ana, California DOES HEREBY RESOLVE, DETERMINE AND ORDER <br />as follows: <br /> <br /> Section 1. Sealed bids for the purchase of said <br />bonds shall be received up to the time stated in the notice <br />hereinafter set forth. <br /> <br /> Section 2. The Clerk of the Council is hereby <br />authorized and directed to publish said notice once, at <br />least ten days prior to the date fixed for the receipt of <br />bids, in THE SANTA ANA REGISTER, a newspaper of general <br />circulation published in said city. <br /> <br /> Section 3. The Official Statement to be sent to <br />prospective bidders for said bonds is hereby approved in <br />substantially the form presented this date to this City <br />Council. <br /> <br /> Section 4. The Clerk of the Council is hereby <br />authorized and directed to cause to be furnished to prospec- <br />tive bidders copies of the resolution authorizing issuance <br />of the bonds, the notice inviting bids and the Official <br />Statement but failure in whole or in part to comply with <br />this section shall not in any manner affect the validity <br />of the sale. <br /> <br /> Section 5. The notice inviting bids shall be sub- <br />stantially as provided in Exhibit "A" attached hereto and <br />made a part hereof as though set forth in full. <br /> <br /> Section 6. This resolution shall take effect upon <br />adoption. <br /> <br /> PASSED AND ADOPTED by the City Council of the City <br />of Santa Ana at its regular meeting held on the 6th~ <br />day of ~, , 1974. <br /> <br />ATTEST: <br /> <br />CLERK OF THE COUNCIL <br /> <br /> <br />