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1994 AGN NOV 15 I22D
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1994 November 15 Agenda Packet
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1994 AGN NOV 15 I22D
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NOW, THEREFORE, the City Council of the City of Colton, <br />2 California., DOES HEREBY RESOLVE, DETERMINE AND ORDER as follows: <br />3 <br />4 SECTION 1. Proposals for the Purchase of Bonds. Sealed <br />5 proposals for the purchase of the Bonds shall be received by the <br />6 Director or the Treasurer at the date, time and place provided for in <br />7 a Notice Inviting Bids for the Bonds or at such other dates and times <br />8 as shall be determined by the Director or the Treasurer. <br />9 <br />10 SECTION 2. Notice Inviting Bids. Each of the Director and <br />11 the Treasurer is hereby authorized to approve a Notice Inviting Bids <br />12 for the Bonds (such approval to be conclusively evidenced by the <br />13 distribution thereof). The City Clerk is hereby authorized and <br />14 directed to cause the Notice Inviting Bids for the Bonds to be <br />15 distributed to prospective bidders for the Bonds upon their request. <br />16 <br />17 SECTION 3. Notice of Intention to Sell Bonds. Each of the <br />18 Director and the Treasurer is hereby authorized to approve a Notice of <br />19 Intention to Sell Bonds (such approval to be conclusively evidenced by <br />20 the publication thereof). The City Clerk is hereby authorized and <br />21 directed to cause the Notice of Intention to Sell Bonds to be <br />22 distributed to prospective bidders for the Bonds upon their request. <br />23 The City Clerk is hereby authorized and directed to cause such notice <br />24 to be published once., at least fifteen (15) days prior to the earliest <br />25 date for receiving proposals stated therein., in The Bond Buyer, a <br />26 financial publication circulated throughout California, with such <br />27 changes, insertions and omissions as the Director, the Treasurer or <br />28 the City Clerk shall approve, such approval to be conclusively <br />LA01 \6169\18256.3 2 95490.2 <br />
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