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HomeMy WebLinkAbout64-022 (Form for Bonds of any Series subsequent to series A) I L ` nub rUr fif iguarh .atqlprriftEfors of BUTTE County,State of California In re Issue of Bonds of SHASTA Vlizonr School District 1962' School Bonds,Series WHEREAS,the board of supervisors of BUTTE County,State of California,heretofore on the 2 4th day of September , 19 62 ,duly passed and adopted its resolution and order provid- ing for the issuance of$210 t 000 principal amount of bonds of Shasta Union School District,designated"1962 School Bonds",as set forth in the records of this board of supervisors;and WHEREAS, in and by said resolution and order said authorized issue of bonds was divided into series of which$_.2002 000 principal amount were designated "Series A" and the issuance and sale thereof authorized and directed and said bonds of Series A in the amount of$ 200,000 have heretofore been issued and sold and the unmatured portion thereof is now outstanding,and WHEREAS,said resolution provided that the remaining10,000- principal'amount of said au- thorized issue might be,divided into one or more series as the governing board of said district and this hoard of supervisors might determine; (and$ principal amount designated Series B have heretofore been issued and sold and the unmatured portion thereof is now outstanding;)'and this board of supervisors has received a certified copyof a resolution duly ado `ed by the governing board of said district on the 11th day of November , 19 6.3 ,prescribing the total amount of said bonds to be sold,to wit,$ 10,000 and directing this board of supervisors to divide said authorized issue of bonds into series and to designate said bonds to be sold as Series B ;and WHEREAS, this board of supervisors has determined, and does hereby declare,that it is necessary and desirable that(1. 1n'liitp'3tMl5unT)Y (al1)8 of said remaining bonds of said authorized is- sue be issued and sold for the purposes for which authorized; Jr Is THEREFORE RESOLVED AND ORDERED that said resolution providing for the issuance of$ 210,000 principal amount of 19___62_.School Bonds of _Shasta Union School District, is incorporated herein by reference and all of the provisions thereof are made a part hereof and shall he appli- cable to the bonds of said authorized issue herein provided for, except only as herein otherwise expressly provided $ 10,0_0.0.......__principal amount of said bonds shall be and constitute an additional series of said issue,to be designated"Series. 12, ". Said bonds of Series..2....shall be dated July 1 19 64 shall be ten in number;ntunbered consecutively from 1 to 10 , both inclusive, of the denomination of$.1.,..Q.Q4.,00 each, shall be payable in lawful money of the United States of America at the office of the county treasurer of said county,and shall mature in consecutive numerical order,from lower to higher,as follows: $ 5,000.00 principal amount of bonds of Series B shall mature and be payable on July 1, 1965 awe oil i air.a>r - --- : .---- a. $ 5,000.00 principal amount of bonds of Series......B.............shall mature and be payable'on July 1, 1966 —j clydf airt9--"--to?cT---7atl inrT',S—iFe. Said bonds of Series B shall bear interest at the rate ofnot.to exceed 5% per cent per annum, payable in like lawful money at the office of said county treasurer in one installment,for the first year said bonds have to run,on the let day of July ,19.655...,and thereafter semi-annually on the 1st days of July and Januarr e:" of each year until said bonds are paid; Form 5015-B—RESOLUTION n. ORDER OF HOARD OF SUPERVISORS FOR BOND) .F ANY SERIES SUBSEQUENT TO SERIES A, PRINTED BY A.CARLISLE B CD..S.F.48789 • Said bonds of Series-:B-.-shall be signed by the chairman of said board of supervisors,and by the treasurer or auditor of said county;and shall be countersigned,and the seal of said board placed thereon, by the county clerk of said county or the clerk of the board of supervisors or by a deputy of either of such officers,and the coupons of said bonds shall be signed by said treasurer or,auditor. All, such signatures and countersignatures may be printed,lithographed,engraved or otherwise mechanically reproduced,except that one of said signatures or countersignatures to said bonds'slialt be:nhantially-afl'i.yed.,Said sem_may.,be printed„engraved, stamped or otherwise placed in facsimile on said bonds. Said bonds,with said coupons attached thereto,so signed and exe- cuted,shall be delivered to said county treasurer for safe keeping. IT Is FoRTui a ORDERED that said bondsof.SerieB.-,-B„-Shall be_issued substantially in the following form, to wit: Number UNITED STATES OF AMERICA Dollars STATE OF CALIFORNIA $11000.00 SCHOOL BOND OF Shasta Union School District of BUTTE County: 19..-.C2.School Bond,Series.B SIIASTA..IIAT�i�Iq SCHOOL DISTRICT of Butte. __ County, State of California, acknowledges itself indebted to and promises to pay to the holder hereof,at the office of the treasurer of said county,on the 1St day of July ,19 ,the principal sum of one Thousanddollars( 000.00,) in lawful money of the United States of America,with interest thereon in like lawful money at the rate of per cent ( %) per annum,payable at the office of said treasurer on the 1st days of July and •1-74fi m `r of each year from the date hereof until this bond is paid (except interest for the first year which is payable in one installment at the end of such year), This bond is one of a duly authorized issue of bonds of like tenor(except for such variation,if any,as may be required to designate varying series,numbers,denominations,interest rates and maturities),amounting in the aggregate to$210,000.00 s,and is authorized by a vote of more than two-thirds of the voters voting at an election duly and legally called,held and conducted in said district on the 17th day of April ,19 62,and is issued and sold by the board of supervisors of BU County,State of California,pursuant to and in strict conformity with the provisions of the Constitution and laws of said State. And said board of supervisors hereby certifies and declares that the total amount of indebtedness of said district, including the amount of this bond, is within the limit provided by law, that all acts, conditions and things required by law to be done or performed precedent to and in the issuance of this bond have been done and performed in strict conformity with the laws authorizing the issuance of this bond, that this bond and the interest coupons attached thereto are in the form prescribed by order of said board of supervisors duly made and entered on its minutes and'shall be payable out of the interest and sinking fund of said district, and the money for the redemption of this bond,and the payment of interest thereon shall be raised by taxation upon the taxable property of said district. IN WITNESS WHEREOF said board of supervisors has caused this bond to be signed by its chairman and by the auditor of said county, and to be countersigned by the county clerk,and the seal of said board to be placed hereon,the day of , 19 [MEAL] Chairman of Board of Supervisors COUNTERSIGNED: County Auditor y ' County Clerk IT Is FURTHER ORDERED that to each of said bonds of Serics_B._ shall be attached interest coupons sub- stantially in the following form,to wit: The Treasurer of Coupon No Butte County, State of California, will pay to the holder hereof out of the interest and sinking fund of the Shasta Union School District in said County,on the 1st day of ,19... at his office in Qroville ,in said County,the sum $ shown hereon,being interest then due on 1962 School Bond No. - Series B ,of said District, dated , 19 County Auditor IT Is FURTHER ORDERED that the money for the redemption of said bonds of Series and payment of the interest thereon shall be raised by taxation upon all taxable property in said district and provision shall be made for the levy and collection of such taxes in the manner provided by law, IT Is FURTHER ORDERED that the clerk of said board of supervisors shall cause a notice of the sale of said bonds of Series_.R.to be published at least two weeks in.. a newspaper of general circulation,printed and published in said County of Butte and therein advertise for bids for said bonds and state that said board of supervisors will up to Tuesday, the. 5th day of May , 1964...,at....11:00 o'clock a in.,of said day, receive sealed proposals for the purchase of said bonds, for cash, at not less than par and accrued interest, and that said board reserves the right to reject any and all bids for said bonds. • Q.., ` 1 LI o ?'.1i4P.4.0 k.14 tZ4 o ti xbx ti `o '11 't r v R. 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