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HomeMy WebLinkAboutCity Council - 386 1 RESOLUTION NO. 386 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF HUNTINGTON BEACH, ORDER- ING BONDS TO BE DELIVERED TO CONTRACTOR. WHEREAS, The Board of Trustees of the City of Huntington Beach has duly advertised the sale of certain ire- n rovement bonds issued under the "Improvement Bond Act of 1915" to represent unpaid assessments levied for certain work done and improvement made on Second Street and other streets in said City, under Resolution of Intention No. 365 and in pursuance of a reassessment made under the Vrooman Act, and WHEREAS, No bids have been received and the time for receiving bids has passed and it appearing to this Board inadvisable to rea.dvertise for bids, IT IS HEREBY ORDERED, DETER11INED AND DECLARED that the said bonds, and all of then►, shall be delivered to the estate of Geo. F. Pennebaker, deceased, said Geo. F. Penne- baker being the assignee of record of the contractor Steele Finley in consideration of the sum due to the estate of Geo. F. P ennebaker, deceased, as the assignee of said con tractor upon the reassessment and warrant. • PASSED AND ADOPTED this 25th day of September, 1922. Richard Drew President of the Board of Trustees. ATTEST: W. R. Wright City Clerk 2.