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HomeMy WebLinkAbout1982-3701 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 82-370 RESOLUTION OF THE CITY OF SAN BER14ARDINO AUTHORIZING THE CANCELLATION OF FIVE CITY OF SAN BERNARDINO SEWER REVENUE BONDS, ,SERIES 1, IN THE AMOUNT OF FIVE THOUSAND DOLLARS. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. Recital. The City, through its Board of Water Commissioners, has redeemed five thousand dollars of San Bernar- dino Sewer Revenue Bonds, Series 1, 3.40, purchased June 17, 1982. SECTION 2. Cancellation of Bonds. Pursuant to Section 25 of Resolution No. 4708 of March 10, 1958, the City of San Bernar- dino cancels the following Sewer Revenue Bonds, Series 1, 3.4%, purchased June 17, 1982, and all unmatured interest coupons: Bond Number Par Numbers of Bonds Value 1352, 1385, 5 $ 5,000.00 1415, 1970, 1971 5 $_5000_00 Principal $ 3,586.36 Accrued interest 1,413.64 Total Cost $_5,000_00 SECTION 3. Implementation. The City Treasurer is authorize( and directed to take all actions necessary or appropriate to implement this resolution. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a regular meeting thereof, held on the 7th day of September 1982, by the following vote, to wit: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 of AYES: Council Members Reilly, Hernandez, Quiel, NAYS: None ABSENT: Council Members Castaneda Strickler o , City Clerk The foregoing resolution is hereby approved this /._•_ day September , 1982. Approved as to form: C ty At rney -2-