HomeMy WebLinkAboutReso 094-85 SRRD SP AD BondSale RESOLUTION NO. 94- 85
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
AMENDING RESOLUTION NO. 69-85, A RESOLUTION AWARDING
SALE OF BONDS, ADOPTED JULY 8, 1985
CITY OF DUBLIN
SAN RAMON ROAD SPECIFIC PLAN IMPROVEMENT ASSESSMENT DISTRICT
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Dublin, California, that Resolution No. 69-85, a
Resolution Awarding Sale of Bonds, adopted July 8, 1985, be
amended, in part, as follows:
1. That the first paragraph of said Resolution be
amended to read "City Council of the City of Dublin, California,
that"
2. That the proposal for the purchase of bonds,
submitted by First California Regional Securities, Inc., has been
amended to reflect a revised principal maturity schedule, the
proposal with the revised maturity schedule is attached hereto as
Exhibit "A" and incorporated herein by reference.
3. That the bonds be, and they are hereby ordered sold
vo First California Regional Securities, Inc., pursuant to the
proposal attached hereto as Exhibit "A"
PASSED, APPROVED AND ADOPTED this 9th day of September,
1985.
AYES: Councilmembers Hegarty, Jeffery, Moffatt, Vonheederand
Mayor Snyder
NOES: None
ABSENT: None ~~~
q~ayor~
City
I hereby certify that the foregoing resolution was duly
and regularly adopted and passed by the City Council of the City
of Dublin, California, at a regular meeting thereof held on the
9th day of Sept ember, 1985. ~ ,]/~ ~ ~'ff~('%~ ~~~~ .. ~ ~
~apu~y--~le~k~w
FIRST CALIFORNIA REGIONAL SECURITIES, INC.
Investment Bankers
444 Market Street, San Francisco, CA 94111
415/982-2444
August 23, 1985
H. Michael Richardson
Chairman and
Chief Executive Officer
Mr. Richard C. Ambrose,
City Manager
City of Dublin
P.O. Box 2340
Dublin, CA 94568
Re: San Ramon Road Specific Plan Improvement
Assessment District 84-1 - Amador Valley Boulevard Extension
and Traffic Signalization
Dear Mr. Ambrose:
We offer to purchase your 1915 Act Bonds in the sum of
$857,869.00, at 95% of par value plus accrued interest from their date
to the date of delivery at the following interest rates:
Amount Coupon Maturity Amount Coupon Maturity
$87~869.00 6.50 07/02/86 $55,000.00 9.00 07/02/94
$55,000.00 7.00 07/02/87 $55,000.00 9.25 07/02/95
$55,000.00 7.50 07/02/88 $55,000.00 9.50 07/02/96
$55,000.00 8.00 07/02/89 $55,000.00 9.75 07/02/97
$55,000.00 8.25 07/02/90 $55,000.00 9.75 07/02/98
$55,000.00 8.50 07/02/91 $55,000.00 9.75 07/02/99
$55,000.00 8.75 07/02/92 $55,000.00 9.75 07/02/00
$55,000.00 9.00 07/02/93
Sincerely,
H. Michael Richardson
HMR/mw
Member of
National Association of Security Dealers
Securities Investor Protection Corporation