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12-16-1963
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12-16-1963
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4/26/2012 2:01:49 PM
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City Clerk
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Minutes
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12/16/1963
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MINUTES OF THE REGULAR ~m~i, ING <br />OF T~E CITY COUNCIL OF '£~ <br />CITY OF SANTA ANA, C~tr~ORNIA <br /> <br />December 16, 1963 <br /> <br />The meeting was called to order at 7:30 p.m. in the Council Chambers, 217 North <br />Main Street. Roll call was answered by Councilmen Royal E. Hubbard, Harry H. <br />Harvey, James Gilmore, Henz,y H. Schlueter, and Mayor A. Allen Hall. Followi~ <br />the Pledge of Allegiance to the Flag, the Invocation was delivered by the <br />Reverend Ralph K~ Johnsou Chapel, Methodist Church. <br /> <br />APPROVAL OF M]IIUTES <br /> <br />of the following: <br /> <br />On motion of Councilman Hubbard, seconded by <br />Counci]man Harvey and carried, the Minutes <br />of the Regular Meeting of December 2, 1963 <br />were corrected and approved with the addition <br /> <br />RESOLUTION 63-19k OF '£'..: CITY COUNCIL OF THE CITY OF SA~A ANA, CALIFOBNIA, <br />APPROVING AND O~DERING TN ~ECUTION OF AN AGP~ ~24PLOYING SPECIAL COUNSEL <br />(Assessment District No. 220) was read by title. It was moved by Councilman <br />Harvey, seconded by Councilman Gilmore, that further reading be waived and <br />Resolution 63-194 be adopted. On roll call vote: <br /> <br />AYES, COUNCILMEN: <br />NOES, COUNCILMEN: <br />ABSENT, COUNCII~: <br /> <br />Harvey~ Gilmore, Schlueter, Hubbard <br />None <br />Hall <br /> <br />WATER REVENUE BONDS This being the time and place fixed for the <br /> opening of bids for $2~000,0OO bonds <br /> designated "1962 Water Revenue B~nds, <br /> Series B", the following bids received <br />pursuant to the notice of sale were publicly opened, examined and read: <br /> <br />Eastman Dillon, Union Securities & Co. bid par~ accrued interest to date of <br />delivery, and a pr-mfum of $ - 0 - for bonds bearing interest p%l~able annual/v <br />the first year and Semt~nn%~all~ thereafter at the rate of: <br /> <br />RATES YEARS <br /> <br />4½ % 1965 to 1971 inc. <br />3-3/k 1972 to 19-- <br />3~ 1973 to 1979 inc. <br />3.30 1980 to 198~ inc. <br />3.kO 1983 to 198k inc. <br />3.60 1994 <br /> <br />Merrill Lyn~h~ Pierce, Fe~er & ~th I~¢. bi~ par, accrued interest to date of <br />delivery, a~ a ~%~ of $3~ ~8~ f~ l;~S ~earing interest payable <br />the first year ~ semiamaually ~hereaf~er at the rate of: <br /> <br /> 1965 to 7/,1 197k inc. <br />7/,1 1975 to 7Z1 1979 inc, <br />7Z1 198o to 7/1 xgSk inc. <br />7/1 199 to 19-- <br /> <br />COUNCIL - 273 - December 16, 1963 <br /> <br /> <br />
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