HomeMy WebLinkAbout1983-060 I RESOLUTION NO. 83-60
\ 2 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE
ANCELLATION OF FIFTEEN CITY OF SAN BERNARDINO SEWER REVENUE BONDS,
3 SERIES 1, IN THE AMOUNT OF FIFTEEN THOUSAND DOLLARS ($15 , 000 . 00) .
4 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO AS FOLLOWS:
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SECTION 1 . Recital. The City, through its Board of Water
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Commissioners, has redeemed fifteen thousand dollars ($15 , 000 . 00)
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of San Bernardino Sewer Revenue Bonds, Series 1 , 3 . 4%, purchased
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June 30, 1982 for a sum of ten thousand, seven hundred one dollars
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and eight cents ($10, 701. 08) .
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SECTION 2 . Cancellation of Bonds. Pursuant to Section 25
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of Resolution No. 4708 of March 10 , 1958 , the City of San
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Bernardino cancels the following Sewer Revenue Bonds, Series 1 ,
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3 .48 , purchased June 30, 1982, and all unmatured interest coupons.
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Bond Number Par
15 Numbers of Bonds Value
16 2550-2564 inclusive 15 $ 15, 000 . 00
17 Discounted Price:
18 Principal $ 10, 575 . 00
Accrued Interest 126. 08
19 Total Price 10, 701 . 08
20 I HEREBY CERTIFY that the foregoing resolution was duly
21 adopted by the Mayor and Common Council of the City of San
22 Bernardino at a regular meeting thereof, held on
23 the 21st day of February , 1983, by the following
24 vote, to wit:
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1 AYES: Council Members Reilly, Hernandez , Marks ,
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2 j Quiel , Hobbs , Strickler
3 NAYS: None
4 ABSENT: Council Member Castaneda
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City Clerk
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The foregoing resolution is hereby approved this Ut4l day
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of February 1983 .
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11 y th Cit of San B nab
12 Approved as to form:
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Cit * Amato ney
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