HomeMy WebLinkAbout1928-02-14 Min - BoardTruckee , Clai f .
February 14 1928
The merabers of the Board of Directors jf the Truckee Public
r
Utility District met in regular meeting at the office of the board in
the Truckee Republican Office at 8-P.M., T.O'Hanrahan, Director,
presiding pro tem.
Upon roll call the follwving Directors were noted present:
C. B* White and T. Q' Hanra,han.
The minutes of the prevlous meeting were read and approved,
The following resolution was introduced by Director White:
RESOLUTION N O# 10
BE IT RESOLVED that the notice 4nviting sealed bids set forth
below be adopted by this Board, and the clerk be instructed to
publ is the same in two successive issues of the Truckee Repub-
licau, and to mail a copy thereof to persons or bdndin$ houses
filing inquiry concerning the sale of said bonds.
Ayes: C.B.white and T.C'Hanrahan
Noss none
Absent: C. ;.Smith..
NOTICE INVITING SEALED BIDS
Notioe is hereby given that the Board of Directors of Truckee
,Public Utility District will recei.vea sealed bids for the sale,
by the District, of twenty (20) Public Utility bonds of the de-
nomination of One Thousand Dollars (41000.00) each, to draw interest
at the rate of six (6) per sent per annum, payablyr annually: said
bonds to be numbered I to 20 inclusive, and dated January 2, 1928.
Said bonds shall be redeemable as follows: No. I shall be redeemable
on January 2, I930 ; Ho . 2 shall be red eernable on January 2. 1931;
No .3 shall be redeemable on January 2, 1932; No .4 shall be redeem-
able on January 2, 1933; Ho.5 shall beredeemable on January 2, 1934;
Ho . 6 shall be redeemable on January 2, 1935; No . 7 shall be redeem-
able on January 2, 1936; No.8 shall be redeemable on January 2, 1937
Na.9 shall be redeemable on January 2 , 1938; Rio . IO s#all be redeem-
able on Januar y 2f I939.;1�No.II shall be redeemable of January 2,1940;
No . 12 shall be redeemable ox January 2 , 1941; No . 14 shall be redeem-
able o J nary 2 ,1913 ; o . I5 5hal'l be redeemable on January 2 , 1944;
No .16 Shall be redeemable on January 2 , 1915 ; llo . I7 shall be redeem-
able an January 2 , I946; rho . I8 shall br redeemable on January 2 , I947 ;
No .19 shal r be redeemabl a on January 2 , I948 ; No . 20 shall be rede em-
able on Jaxu.ary 2, 1949. s
All bids to be accompanied by a certified check on some respon-
sible banking house, p"yable to Truckee Public Utility District, in
ten (JO) per cent of the amount of the bid, and in the event of a
rejection of such slid the certified check accompanying the same
will be returned to the sender.
The Board of Directors of the said District, reserve the right
to reject any and all bids, but bids will be received for all or
any specified number of said binds, or any specified bond or bonds.
All bids must be for a, sung not less than the par value of the bonds
plus interest accrued thereon the date of the sale.
Bids will be opened and considered at a. man regular meeting
of the Board of Directors of Truckee Public Utility District, to be
held on the 28th* clay of February, I928, at the hour of 8 O' Clock P.
M, at the meeting place of said Board at the Truckee Republican Printft
ing office in the town of Truckee, in said district. Nevada County,
California.
BY ORDER OF THz j BOARD '')F DIRECTORS
(3 1
Truckeel Calif.
February 14 1928
t Conte )
Clark of the Board of Directors
Truckee Public Utility District, Truckee,
No further business appearing the Board adjourned,
Attes
Clerk & Ex Officio Secretary' 4re4scient pro tem