HomeMy WebLinkAbout67-124~r~~it . ~t~ C~~g~ ~ ~ttx~ of ~~.ervri.~~~~
No. 67-124
of---°--------_13Utte ...........................................................County, State of California
In re Issue of Bonds of
----------------------•-Palermo i7nion__..__.............__.-...............School District.
WHEREAS TAE GOVERNING BOARD OP'
Palermo iTnion -School District
has certified, as required by law, to the board of supervisors of ................. Butte County,
State of California, whose superintendent of schools has jurisdiction over said school district, all proceedings
had in the premises with reference to the matters hereinafter recited, and said certified proceedings show, and
after a full examination and investigation said board of supervisors does hereby find and declare:
That on the------- 5th--------------day of__.... July..................................._...-_...................., 19.-._66said governing
board deemed it advisable, and by its resolution and order of election duly and regularly passed and adopted,
and entered on its minutes, on said day, did order the county superintendent of schools to call an election to be
called and held on the.__Z~t~.-__..__day of--.---September 19 66in said district, to submit thereat to the
electors of said district the question whether bonds of said district shall be issued and sold in the amount of
One--_I3undred Ninet~r..Thousand ($190,000.00) dollars,
to run not exceeding_....2 5 ...................years, and to bear interest at a rate not exceeding five per cent per annum
payable annually for the first year the bonds have to run and semi-annually thereafter, for the purpose of
raising money for the following purposes:
(a) The purchasing of school lots.
(b) The building or purchasing of school buildings.
(c) The making of alterations or additions to the school building or buildings other than such as may
be necessary for current maintenance, operation, or repairs.
(d) The repairing, restoring or rebuilding of any school building damaged, injured, or destroyed by
fire or other public calamity.
(e) The supplying of school buildings and grounds with furniture, equipment or necessary apparatus
of a permanent nature.
(f) The permanent improvement of the school grounds.
(h) The carrying out of the projects or purposes authorized in Section
5811 of the Education Code, to-wit: Providing sewers and drains adequate
to treat and/or dispose of sewage and drainage on or away from each school
:property.
_ y _ _, __.. _......., ~<. _~, ~,~ ,n me certincate of the governing board of said school district hereto-
fore filed with this board;
That said election was held in said district on said day appointed therefor in said notice thereof, and was
in all respects held and conducted, the returns thereof duly and legally canvassed, and the result thereof declared,
as required by law; that from said returns said governing board found and confirmed, and said board of super-
visors now finds and declares, that there were .........................2 7 7.,.•.._._._.,_,_--,__--_--.--.-_.--_____-.____--..---------------...._......
votes cast at said election, and that more than two-thirds thereof, to wit:........188_____________________________._._._._-_____......
votes were cast in favor of issuing. said bonds, and.___..__ 89 ...................................................................................votes
and no more were cast against issuing said bonds, and said governing board caused an entry of the result of said
election to be made on its minutes; that this board of supervisors has received a certified copy of a resolution
duly adopted by the governing board of said district on the-_~~._..day of.....k:~j2~11.a.XY ........................ 19_._-~?.7.,
prescribing the total amount of said bonds to be sold, to wit, $~.~4, O.QO.._QQ ...............:that all acts, conditions
and things required by law to be done or performed have been done and performed in strict conformity with the
laws authorizing the issuance of school bonds ;and that the total amount of indebtedness of said district, incIud-
ing this proposed issue of bonds, is within the limit prescribed by law;
IT Is TxEREFORE RESOI.vED ANn ORDERED that bonds of said.....__k?~.1.X700,Q---U&t~,.S?1~ .................................
School District, in___________________Bl1_tt~._...................................County, State of California, issue in the aggregate
sum of..One_Hundred.Ninety.Thousand ($190,000.00) ,,,,,.,_„.,,,,,,,,,dollars,
in denominations of..._..Oxte--_Tb.A',as ~1,1d_.]aol.]..~x~....~$1.,..4 Q O...OQ). ..............--------..._.__............................ ;
Form 5015-RESOLUTION ANO ORDER OF BOARD OF SUPERVISORS. pp~Nrro or a. cwrsus~e a co., s. F. as.oozs
j~.~~
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This bond is one of a series of bonds of like tenor and date (except for such variation, if any, as may be
required to set forth varying numbers, denominations, interest rates and maturities), numbered from....l_....______
to....~90....... in~ustve, amountin in the a~r egate to
One Hundred Ninety T~ousanc[
(~•••~,~0,,•000..00~, 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 .................._.___ZOth -. day o£
-September_•--•••--.•.-.•...•••.,--,-•...-,-.•,-.••.•••,-••-•- 19....6.6and is issued and sold by the board of supervisors of
__________________~~l:k_:k:e................................................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 this issue of bonds, 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 said bonds have been done and
performed in strict conformity with the laws authorizing the issuance of school bonds, 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 said bonds and the payment of interest thereon shall be raised by taxation upon the tax-
ableproperty of said district.
IN WtzNESS WHEREOF said board o£ 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---67
~SEAL~
COUNTERSFGNED:
Chairman of Board of Supervisors
County Auditor
County Clerk
IT Is FURTHER ORbPRED that to each of said bonds shall be attached interest coupons substantially 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
. ]?al.ermo-.Union ......................................................School District
in said County, on the__...lst....• ................•---•-----....__....__....._........day of ---------°-------------, 19-----°-
at his office in_._. OroVille ., in said County, the sum
shown hereon, being interest then due on Bond No ...............~...............
of said District,
dated--------------------------------------•• 19--------•
County Auditor
IT Is FURTHER ORAERED that the money for the redemption of said bonds and payment o£ 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 ORDER&D that the clerk of said board of supervisors shall cause a notice of the sale of said
bonds to be published at least two weeks in.._-_..the._ Oroville- Mercuty.__-_..____.-a newspaper of general
circulation, printed and published in said County
and therein advertise for bids for said bonds and state that said board of supervisors will up to. Tues daX
1st August 67 11:00 o'clock ...._~?.~... m., of said da
the .........................day of...................................................., 19........, at................... y.
receive sealed proposals for the purchase of said bonds, or any portion thereof, 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.