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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, _,. ., a of q •,~ e~ y"a F O a°. ~ ~, 4 o ti •V t/j z; ~ Q 0 v y v xo ~ 0 ~ ` , ~ o ;~ ~] a o '~ ' ~