Laserfiche WebLink
RESOLUTION NO. 12725 <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF .RIVERSIDE, CALIFORNIA,: AWARDING <br />$2,000,000 BONDS OF SAID CITY TO THE <br />BEST BIDDER AND REJECTING ALL OTHER <br />BIDS. <br /> <br /> WHEREAS, at the time and place fixed for the <br />opening of bids for the $2,000,000 bonds of the City of <br />Riverside, California, designated "Water Revenue Bonds, <br />Issue of t976h' and numbered 1 to 400, both inclusive, all <br />bids were publicly opened, examined and read, and a tabula- <br />tion thereof has been entered in the minutes; and <br /> <br /> WHERE., the bid of the bidder hereinafter named <br />is the best bid made by a responsible bidder for said bonds; <br /> <br /> NOW, THEREFORE, the City Council <br />Riverside, California, DOES HEREBY P~ESOLVE, <br />ORDER as follows: <br /> <br />of the City of <br /> <br /> Section 1. That the bid of Merrill Lynch, Plerce~ <br />Fenner & Smith. Inc., and Associates <br /> <br />offering par, accrued interest to date of delivery and a <br /> <br />premium of $ - 0 - for bonds bearing interest payable <br /> <br />semiannually at the rates of: <br /> <br />8.50 <br />7.75 <br />5.70 <br />5.80 <br />5.90 <br />6.00 <br /> <br />6.20 <br />6.25 <br /> <br /> YEARS <br /> <br />1977 to 1986 <br />1987 to 19-- <br />1988 to 19-- <br />1989 to 19-- <br />1990 to 19-- <br />1991 to 1994 <br />1995 to 1997 <br />1998 to 2001 <br />2002 to 2006 <br /> <br /> <br />