Laserfiche WebLink
<br />.0' -- :'. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 78-14 <br /> <br />RESOLUTION or THE COMMUNIT~ REDEVELOPMENT <br />AGENCY OF THE CI'l'Y OF SANTA ANA AWARDING <br />$13,500,000 BONDS or SAID AGENCY TO THE <br />BEST BIDDE~ AND REJECTING ALL OTHER BIDS <br /> <br />WHEREAS, at the time and place fixed for the open- <br />ing of bids for the $13,500,000 bonds of the Community Ra- <br /> <br />development Agency of the City of Santa Ana, d8signated the <br /> <br />"City of Santa Ana Redevelopment Project Area, <br /> <br />1978 Tax <br /> <br />Allocation Bonds" (the "Bonds"), and numbered 1 to 2700, in- <br /> <br />clusive, all bids were publicly opened, examined and read, <br /> <br />and a tabulation thereof has been entered in the minutes; and <br /> <br />WHEREAS, the bid of the bidder hereinafter named is <br />the best bid made by a responsible bidder for the Bonds. <br /> <br />NOW, THEREFORE, the Community Redevelopment Agency <br />of the City of Santa Ana DOES HEREBY RESOLVE, DETERMINE AND <br /> <br />ORDER as follows: <br /> <br />Section 1, <br /> <br />The following bid of Merrill Lynch, <br /> <br />Pierce, Fenner and Smith Inc. <br />attached hereto and marked Exhibit "A", <br /> <br />specifying the .pur- <br /> <br />chase price for the Bonds plus accrued interest to the date <br /> <br /> <br />of delivery and the interest rates per annum, is the bid for <br /> <br />the <br /> <br />Bonds yielding the lowest net interest cost and said <br /> <br />bid is hereby accepted and the Bonds awarded to the said best <br /> <br />bidder in accordance with the terms of its proposal. <br /> <br />','. <br />