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1 <br /> ~OLtTTICDh KC. 36{3 $Y ~Ir. Ghookley <br /> A%P R~IERt3~2~CY Fi.~~CLU'I'ICtd approving the acceptance cf he bid <br /> of and confirming the award of forty-F~i.ve Thousand ~allarsi45,t)4Ci.ClO) <br /> CZ~'Y PQRT1gS~ - 81'RRRT ~~F'Rf7i~gN~isRT BQTdZ3S to be dated Septe~ber 1 19 +t~ <br /> to lie den filler ~ ro, at a ratio of interest of one and ana-ha~f per <br /> cent ~l-d~'2~) per annum. <br /> i~TiEHL~AS, ordinance ho. $9-54 adapted by the Council of the <br /> City of Lakewood on June 7 i95l~ rovides that the advertisement Par <br /> the :ale the CITT' ~~T~b~a ~trrni'wv~~T a~~ns shall orate <br /> that anyone deeirir~ tc dt~ oo map` present a bad or bids for such <br /> bonds based upon their bearing a different rate of interest than that <br /> fixed iss +Ghe ordinanceg sad <br /> bfiAS Fi Aden-l~l.ll~er do do. r~fd bid. x rats oP one exid• one- <br /> half per cent f~-1~2~) an the forty-Five 37housand hollarn f5,dQ4?.tit3) <br /> CI~i°Y PtDRTIUId - BiFt~E~ IMF~R~'~fiEx'T ~~DS ~hialx is +t different rate a~' <br /> interest than speeifYad in zsaid ordinance and ~.n the advertisement; <br /> and <br /> r ~REA9, an emergency exists far the reason that funds from <br /> the ealo of said bonds are roquired forthwith i"or the purpose of payer <br /> ing the anticipatory note due September l„ Y954 issued ire anticipation <br /> of the issuance of said bvnds~ new, therefor+~, <br /> <br /> - ~iF TT Fi~SOL9gD ~4Y l=am CCCt~CIL pf THS CITY pF' L~CEtd7f3b, BTATS <br /> flF t)HICl; <br /> Section 1. That this Council hereby apprz~ves the acceptance <br /> of the bid of, and confirms the award and sale 4f the Forty-~`ive <br /> Thousand Dollars i5,©Gt0,00) CSTY PORTIGP~ - STRUT IA~F'RCsur:~~~T $C7tdDS <br /> tc I~ayden-~;i].ler Co. at a rate of ,interest of one and one-half per <br /> cent f1-I/2~3 per annum, paya't1e semi.-annuall~*„ being a different <br /> rate of interest than specified in ©rdinancs too. 2$-5k and in the <br /> • advertisement, together tri:th the premium included in said bid. i'his <br /> Clark of Council is directed to certit'y a copy of this resolution to <br /> the County Auditor. <br /> Section 2. That thin resolution ins hereby declared to ba ~n <br /> emergency measure ,for the reason stated in the preamble hereof aAd, <br /> provided it receives the affirmative vats of two-thirds of ail members <br /> elected to Council, it aha9.1 take effect and be in farce imttediately <br /> upon its adoption. <br /> Adoptedt July ~.~5b <br /> - ~m R Fair ieve <br /> es ant <br /> ~ A Rees. <br /> Apprtived« Jul~r 2Ci`195~. er <br /> A. I auff~tan <br /> yor <br /> <br />