HomeMy WebLinkAboutBOARD MINUTES 05-14-59
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MINt.rrBS OF AN ADJœRNBD RæuLAR MEETING
OF THE DISTRIcr BOARD
CENTRAL CON'mA COSTA SANITARY DISTRICT
HELD MAY 14,1959
The Central Contra Costa Sanitary District Session at its regular
place of meeting located at 1250 Springbrook Road, Walnut Creek, County
of Contra Costa, State of California, on May 14,1959, at 11:00 o'clock
A.M.
The meeting was called to order by Member Sa1fingere.
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ROIL CAlL
PRESENT:
Member:
Sa1fingere
ABSENT:
Members:
Mitchell, Roemer, Spieg1 and Fisher
There being no quorum present, Member Sa1fingere ordered the meeting .
adjourned until 8:00 o'clock P.M. of the same date.
OPENING OF BIDS FOR $2,500.000 1956 SEWER BONDS. SERIBS C
The Secretary called for the opening of bids for $2,500,000 1956
Sewer Bonds, Series C, which were as follows:
Bank of America. N. T. & S. A. and Associates
$
660,000
par value maturing June 1, 1960, to June 1,1974
inclusive, bearing interest at 5%,
1,125,000
par value maturing June 1, 1975, to June 1, 1988
inclusive, bearing interest at 4-1/~,
715,000
par value maturing June 1, 1989, to June 1, 1994
inclusive, bearing interest at 4.40%
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Premium, $219.00
Gross interest cost to District, $2,424,145.00
Net interest cost to District, $2,423,926.00
Net interest rate, 4.39196%.
Referred to Stone and Youngberg for checking and report at the 8:00
o'clock P.M. meeting of the same date.
CCUNTBRSIGNBD:
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Secre ry of the District Board of
Central Contra Costa Sanitary District of
Contra Costa County, State of Calif~rnia
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