HomeMy WebLinkAbout66-094~ ~-- ~' y
C (Form far Bonds of any Series subsequent e~ series A)
o€._._-__..._.$uI~te_._...._.._....._._.._ ..............•.-.............__County, State of California
In re Issue of Bonds of
(-°--Chi.CO---Ci~37-----------------------------------------_.......................School District
~19__(z3_School Bonds, Series_.C.._.._..
~VtrExrws, the board of supervisors of_...._.__Butte-_„ ....................County, State of California, heretofore
on the.....7 ti?_._.day of....... ~12~ l.._ ............. 19.~?~±..._,dnl}'passed and adopted its resolution and order provid-
ing for the issuance of ~.~.~.~~Q.,.QQ~ A. pru3cipal amount of bonds of.,.....~~?,~.~.Q_..C~,:~)Z ..................... . .
OQ. - • ---
._______ .....................~C130O1 Dtstrtct, designated "19_.~?~. School Bonds", asset forth in the records of this board of
supervisors; and
WHEREAS, in znd by said resolution and order said authorized issue of bonds .vas divided into series of
700 000 00 '"
which ~_....._....~_._._..__~..__._.__.vrincipal amount were designated "Series A" and the issuance and sale thereof
authorized and directed and said bonds of Series A in the amount of $_._7flO,,_000 , ~!),,,_have heretofore been
issued and sold and the unmatured portion thereof is now outstanding, and
1~'I3sREnS, said resolution provided that tl:e remaining ~ la ~Q~a ~~Q..._OO,pr;ncipal amount of said au-
thorized issue m;ght lae divided intp one or more series as the governing board of said district and t11is board of
supervisors n3ight determine; (and ~._~.S.Q.aQOQ„_0~___.._principal a~nouat designated Series 13 have heretofore
been issued and sold and the immaturc-d portion thereof is no~v outstanding;)1 and this board of supervisors has
received a certif ed copy of a resolution dui}~ adopted by the governing board of said district on the..~Cth.day of
..J.anua~y ...................... 19..16_, prescribing the total amount of said bonds to be sold, to wit, ~].S.Q.,.OQ.Q..(~0'
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_.__C_-_____...; and
WHEREAS, this board of supervisors has determined, and does hereby- declare, that it is necessary,and
desirable that ($1.5.0.;OOQ_..QQ__.____principal amount) ~ (ail) 3 of said remaining bonds of said authorized is-
sue be issuecl and-sold for the purposes for which authorized;
IT Is THEREFORE I2ESOI.vEn AND ORDERED that said resolution providixag for the issuance of ~_~:~.900,,,000 0 00
principal amount of 19_.63_ School Bands of.._...__.____ChcO___Cty__________________ ...__..SchoolDistrict,
is incorporated Herein by reference and all of the provisions thereof are made a part hereof and shall be appIi-
cable to the bonds o€ said authorized issue herein provided for, except only as Herein otherwise expressly
provided.
150-,000..00-_.---principal amount of said bonds shall be and constitute an additional series of said
issue, to be designated "Series..~..___ .". Said bonds of Series_.__~_. shall be dated...._...__.. July,,_.ls__ ..................
19.66., shall be._..._..__~~Q_..._______..in number, numbered consecutively from~._-..~........to _C._ .. l$Q., both
inclusive, of the denomination of $..._~QgQ_._OQ....._.___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:
~._,~_,_CQJ~_OQ.______._prirtcipal amount of bonds of Series..._...C......_...shall mature and be payable on
_____Jill.}~___1....___..__ ....:.............~.in each of the years .19...62.. to 19...7.0.., both inclusive;
~3II.,.QDO.._O.0_......_..principal amount of bonds of Series.__...C._._....shall mature and be payable on
__,1u.1yy____~______________________________....in each of the years 19...7.7... to 19..$3.., both inclusive.
$15,0 U.00 Jprincipal amount of},bands of ~e xes C hall mature and be
Spa~bon~ of ~eries~l~ia~be r infeaesf"ate rafe of.~~~l 8~ t~c ~95 both i~clusive
I . eX>~~ .. 3..e.......per cen per annum,
payable in Iike Iawful money at the offlce of said county treasurer in one installment, for the first year said bonds
have to run, on the..----..Z.........day of...........Ju1Y........... .................._...., 19..67, and thereafter semi-annually
on t11e__........-lst ............................days of.... JuIY__...._..........................and...----•AeCember
of each year until said bonds are paid ;
Farm 5015•B-RESOLUTION AND ORD$R OF BOARA OF SURkRV ISORS POR 8ONDS OF ANY SERIFS SU85EQUENT TD SERIES A
PR]ATEO BY A. CARLISLE & CO.. 5. F. 48]89
Said bonds of Serics___~__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 tltereon, by the county
cleric of said county or the cleric of the board o£ 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, ]ithograplxecl, engraved or otherwise nxechanically reproduced, except that one of said signatures
or cotmtersignatttres to said bonds shall be manually a`fi.ced. Said seal may be printed, engraved, stamped or
otherwise placed in facsimile on said bonds. Said bonds, widx said coupons atlaclxed thereto, so signed and exe-
cuted, shall be delivered to said county treasurer for safe keeping:
IT Is FURTHER ORDERRD that said bonds of Series..-~....sha11 be issued substantially in the following £orm,
to wit:
Number UNITED STATES OF AMERICA Dollars
G STATE OF CALIFOP.I~IA 1000.00_
SCHOOL BOND OF
.......................ChiCII._.Gil~~..............__.-.---••-----•----...................................---•-----......School District
of-•----••----...HLltte-- -------------- --- --- --------•------------------..County. ,
19-~~--_ School Bond, Series_..~'i-...
........-.. ....................Olla,~n._Gity......_..........._..._..._.........................;......................--------......SCHOOL DISTRICT
of ................ Butte •-County, State of Califor•Itia,
acknowledges itself indebted to and promises to pay to the holder hereof, at the office of the treasurer of said
county, on the..-.._15t------°--7------------ ----...-day of----------Jtlly-------•- ---------------••---•--~ 19........, the principal sum of
One Thousand ------------------------------------- 1000.00.
ifl lawful money of the United States of America, with interest thereon in like lawful money at the rate of
.....:........per cent (........~Jo) per annum, payable at the office of said treasurer on the
~Si< . days of.....January----------------•-----and.-°-•--.._J~7~y_.-•----------------.of each year from the date hereof
until this"bond is paid (except interest for the first }'ear 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, nunibers> denominations, interest rates and maturities), amounting in
the aggregate to $...1? 9.QQ_,5~00=5?.0-._•, and is authorized by a vote of more than two-thirds of the voters
a
voting at an election duly and legally called, held and conducted in said district on the..-.. 221:14.--....--_...._day of
..Q-ctober._._.______._....-...--_..........._.....__._.___....-,19-.63, and is issued and sohd,by t}xe board of supervisors of
..~1i~.'~~.__- ............... o.__..-_...................._..._....,.County, State of California, pursuant to and in strict conformity
with the provisions' of the Constitution and laws of said State.
And said board of supervisors hereby certifies and declares that the total amount of indebtedness of said
district, including the amount of this bond, is within the limit provided by law, that all acts, conditions and
things required by lacy to be done or performed precedent to and in the issuance of this bond have been done
and performed izx strict conformity with the laws authorizing the issuance of this bond, that tIxis bond and
the interest coupons attaclxefi thereto are }n the form prescribed by grder of said board of supervisors duly made
and entered on its minutes and shall be payable out of the interest and sinking fund of said district, and the
money for the redemption of ibis 1?ond, and the payment of interest thereon shall be raised by taxation upon
the taxab]e property of said district:
IN WITNESS WIIER$oF said board o£ supervisors has caused this bond to be signed by its chairmazi 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
[SEAL
COUNTERSIGNED:
Chairman of Board of Supervisors
County Auditor
County Clerk
I•r Is Fott•rur:r. OrznLren that to each of said bonds of Serics..C.. shalt be attached interest coupons sub-
stantially in the following form, to wit:
The Treasurer of Coupon No ...................
------.nutte----------------•----•----------------------•--Cotutty, State of California,
will pay to the holder hereof out of the
interest and sinking fund of the
>:: -- G1;,7.-GD-- Gy-t3'--- --------------- ....................... ..........:......School District
in said County, on the------------~st •--•-••--------• ........... ...................day of -----J41~~-------, 19...-----
Oroville IOQQ-.-Qp.----.-
at his office in..._--..-____..-.__._._-__-_.__.....-.....___..., m said Count the sum ------
shown hereon, being interest then due on 19.63... School Band No. C ..:.......................
Series......., of said District,
dated-----------------------------•---- -------------, 19--------•
County Auditor
I•r Is Fur.;'r[rai Oznrrt:n that the money for the redeanptiott of said bonds of Scrics........andpayment of the
interest thereon shall be raised by taxation upon atl taxable property iu said district and provision shall be made
for the levy and collection of such taxes in the manner provided by lacy.
Ix Is FURTkIER OztnLxso that the clerk o£ said board of supervisors shall cause a notice of the sale of said
bonds of Series_C.to be published at least hvo weeks in...-The ChiCO_ Enterprize Record
a newspaper of general circulation, printed and published in said County of... Butte-,.--_-•-•.._ .
and therein advertise £or bids £or said bonds and state that said board o£ supervisors will up to..:~uesdaX
the_----19th--••---daY of-•-•-°---July-••---•-••----••----•----•----~ I966.., at.........1~..... o clock.......... m., of said day,
receive sealed proposals for the purchase of said bonds, £or 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.
The foregoing resolution and order was passed and adopted by the Board of Supervisors of- Butte. - -
--------------------------------- -- ------------------------------------------------------------•--------~..----•---------------County, State of California, at a
--------------------------.-_-----regular meeting thereof held on the_Z~_......day of._.--..-.. June .. ....- 19..66-,
by the following vote, to wit:
AY);5: Sugervisors Howsden, Maxon, McKillop, Pryde and Chairman Giles
NOES: Bone
ABSENT: Bone
WITNESS Iny hand and the seal of said Board of Supervisors this ...............28th_-___...-___-____...__-_-._-.--day of
--•------- ---------------------------June --•-----°----....... .., 19 66...
_ JESSIE ROGERS
County Cleric and ex-officio Cleric of the Board of Supervisors
Depvtp
Nozssr-°T]clete this etausc if only Series A Uonds are outstanding; repeat this clause for each series subsequent to Scrics B.
~Pcletc if all or remaining bonds are to be issued:
rAelete i£ only portion of remaining bonds arc to be isst:ed,
+Insert amount of DOTAL authorized issue.
SPECIAL NOTP.S:
' Education Code Section 21309 provides that thebonds shall 6e signed by the chairmaa bf'tUe Uoard of supervisors "or by Such other mernber
thereof as t]re Uoard of supervisors shn]! by resohrtion adopted hy a four•fr Fths vote of all iES members,. ~ulhonze and nlesignate for that purpose".
If it is desired to'have the bonds signed hp such member rather tha the chairman, then the Resolution and Order,- aird~tUe Uond £orm, sLoald be
changed acedtdingly, and the Resolution and Order must Uc adopted Uy su cL four-6ftbs vote.
Education Code Sec[ion 2205I provides for redemption of school bonds prio 4o their maturity at the option of tine governing Uoard of the school
district. Tlee presciihed sEatutory procedure nd tl:e wide diversity of possible redemption Provisions render impracticable a general printed form for
such matters, Ie is therefore suggested, should redemption provisions be desired, that compc[ent financial and legal advice be first obtained-
This form 4s for useonly when the principal amount of any issue Las been divided into hvo or more series anda series subsequent to Scrics A
is being issued. IE the bonds Ucing issued are Serves A use Fonn No. 5045•_1 instead of this form,-If the issue has not been divided Into bvo or more
serves use Form No. 5015,
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