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HomeMy WebLinkAboutResolution - 662 I l SOLUTION NO. 211 A RESOLUTION AUTHORIZING E BORROWING OF MONEY FROM UNITED CALIFORNIA BANK � 3� I 4 WHEREAS, the City Council of the City of San Jacinto desires 5 to purchase a new bookkeeping machine from National Cash Register 6 Company; 71 AND WHEREAS, the United California Bank has offered to lend 8 the sum of 4 for a period. of / 9 days at the rate of five (5%) per cent per annum interest to the 10 city of San Jacinto; and 11i WHEREAS, the City Council of the city of San Jacinto desires 12 to borrow said sum of money from the United California Bank in the 13 amount and, for the terms aforesaid pursuant to the authority of 14 Article 7 .6 of the Government Code of the State of Califo ia; i 15 NOW THEREFORE BE IT RESOLVED by the city Council of the City' 16 of San Jacinto, State of California, in regular adjourned session 171� assembled this day of a sir F 1965, that the Mayor, I 18t Odas Om Rose, or in his absence, the Mayor Pro Tem. Lawrence W. 1J i Pierce, together with the city clerk, or the Deputy city Clerk, 20 Dorothy Isom, are hereby authorized and empowered to borrow the sumj 21 of from the United California Bank, at the rate 2211 of Five (5%) per cent per annum interest for a period of 23 days pursuant to the terms of the promissory note dated 2 1965, X'a copy of which is attached hereto 25 '' marked "Exhibit A", which is hereby incorporated herein by reference; ,261 and said officers are further duly empowered to execrate said promisspr) 27 note, Exhibit A. in behalf of the City of San Jacinto. 28 I 14 j ADOPTED AND SIGNED THIS ._ day of 2196 � 2a ! ATTEST- 1 I.UCY ADEPT, CITY CLERKyor 31 32 sy Deputy �I