Resolution No. 1419RESOLUTION NO. 1419
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CYPRESS, CALIFORNIA, CONFIRMING AMENDMENT TO
NOTICE INVITING BIDS ON BONDS
Assessment District #7403-20 (Walnut Street -
Jonathan Channel)
WHEREAS, this City Council has heretofore adopted its Resolution No. 1411
which set forth form for the Notice Inviting Bids on Bonds of the City of Cypress,
California, Assessment District No. 7403-20; and,
WHEREAS, subsequent to the adoption of the aforesaid Resolution, it was
determined that the Notice Inviting Bids should include a provision for a maximum
discount rate and that the time within which the City would receive bids should
be extended to the hour of 1:00 p.m., December 10, 1973; and,
WHEREAS, the City Clerk has caused a Notice Amending the Notice Inviting Bids
to be mailed to the persons who had received the Notice Inviting Bids,
NOW, THEREFORE, the City Council of the City of Cypress hereby does RESOLVE,
DETERMINE AND ORDER as follows:
SECTION 1. The form of Notice Inviting Bids set forth in Resolution No. 1411
hereby is amended to provide that any discount bid for the bonds proposed to be
issued thereby shall not exceed 5% of the par value of said bonds.
SECTION 2. The Notice Inviting Bids set forth in said Resolution No. 1411 is
further amended to provide that sealed bids for the purchase of said bonds will be
received up to the hour of 1:00 p.m., December 10, 1973.
SECTION 3. The aforesaid actions of the City Engineer and City Clerk with
respect to the amendment of the Notice Inviting Bids hereby are confirmed and
ratified.
PASSED AND ADOPTED by the City Council of the City of Cypress at a regular
meeting on the 10th day of December, 1973.
ATTEST:
CLERK`
CI OF E CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
OF THE CITY OF CYP
SS
I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that
the foregoing Resolution was duly adopted at a regular meeting of the said City
Council held on the 10th day of December, 1973, by the following roll call vote:
AYES: 4 COUNCILMEN: Frankiewich, Harvey, Kanel and Roberts
NOES: 0 COUNCILMEN: None
ABSENT: 1 COUNCILMEN: Lacayo
X;fir,
CITY CLERK OF THE CITY OF CYPRESS