HomeMy WebLinkAboutResolution 20-82 ATASCADERO COUNTY SANITATION DISTRICT
RESOLUTION NO. 20-82
RESOLUTION SELLING $1, 300,000 PRINCIPAL AMOUNT OF
ATASCADERO t:OUNTY SANITATION DISTRICT
1982 SEWER REVENUE BONDS
WHEREAS, the Board of Directors of the Atascadero
County Sanitation District has duly authorized the issuance
of $1,300,000 principal amount of bonds designated
"Atascadero County Sanitation District 1982 Sewer Revenue
Bonds" (herein called the "bonds" ) and further duly
authorized the sale of the bonds at public sale to the
highest bidder therefor; and
WHEREAS, notice of the sale of the bonds has been
duly given, and the only bid received for the bonds was the
bid of the United States of America, Farmers Home
Administration, offering to purchase all the bonds at the par
value thereof;
NOW, THEREFORE, BE IT RESOLVED by the Board of
Directors of the Atascadero County Sanitation District, as
follows:
Section 1. Said bid of the United States of
America, Farmers Home Administration, for the bonds is hereby
accepted and the Secretary of the Board of Directors of the
District is hereby authorized and directed to deliver the
bonds to said purchaser thereof upon payment to the District
of the purchase price, to wit: The par value thereof
together with accrued interest at the rate of five per cent
(5%) per annum. The bonds shall bear interest at the rate
hereinabove set forth, payable annually the first year on
June 1, 1983 and semiannually thereafter on December l and
June 1 in each year.
Section 2 . In accordance with said bid, the bonds
shall be issued as one single fully registered installment
bond.
Section 3. This resolution shall be forthwith
entered upon the minutes of this Board and shall take effect
immediately upon adoption.
PASSED AND ADOPTED by the Board of Directors of the
Atascadero County Sanitation District this 10th day of May,
1982, by the following vote:
AYES: Directors Mackey, Nelson, Stover and Wilkins
NOES: None
ABSENT: Director Highland
President of the Board of Di ctors
of Atascadero County Sanitation District
[SEAL]
Attest:
c tar of the Board of Directors
of tas adero County Sanitation District
2
A
SECRETARY' S CERTIFICATE
I, Murray L. Warden Secretary of the Board
of Directors of Atascadero County Sanitation District, San
Luis Obispo County, California, hereby certify as follows:
The foregoing is a full, true and correct copy of a
resolution duly adopted at a regular meeting of said Board of
Directors duly and regularly and legally held at the regular
meeting place thereof on May 10, 1982, of which meeting all
of the members of said Board of Directors had due notice and
at which a majority thereof was present.
At said meeting said resolution was adopted by the
following vote:
AYES:_ Directors Mackey, Nelson, Stover and Wilkins
NOES: None
ABSENT Director Highland
I have carefully compared the same with' the origi-
nal minutes of said meeting on file and of record in said
District, and the foregoing is a full, true and correct copy
of the original resolution adopted at said meeting and
entered in said minutes.
Said resolution has not been amended, modified or
rescinded since the date of its adoption, and the same is now
in full force and effect.
Dated: May 12 , 1982.
AOa
Sec etaryf the Board of Di ectors
of A ascadelo County Sanitation District