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REQUIEST FQ� COlJ�IClL ACTI��i <br />AGEIVDA SECTION: ORIGINATI[VG DEPT./DlV.: <br />Reports � Recommendations A� <br />iTEnn �o.: ir�nn DESCRIPTION' AWSI'(�. O� B1CIS - Sa�B o� �onds - City Haz� <br />�-� and General Improvement Bonc15 <br />DEP7. <br />�ATe: 6-23- 75 <br />A <br />MGR. REVIEWED/RECQMMENDS: <br />The bids for the sale o£ bonds in the ampunt of $SS0,000 for General Obligation <br />City Hall bonds and $�,13Q,000 in General. Ir�rovement Bozxds wa.il be apen Manday <br />evening, J�m,e 23, at 7:00 P.M. in the City Hall. Ca�cil members may des�re to <br />attend. the apenir�, however, it is not necessaxy. <br />IrrQnediately following tihe opening of bids, Mr. Popovich, Band Consul.tant, will <br />revi�w the bzds axfd report back to the Council wi�h a recor�mentiation for the award <br />during the reguiar meeting. <br />Attached is a letter fram I�ir. �opavich regarding the results o£ the City°s recent <br />effort to intprove our band rati.ng. A1so a�tachea axe the letters from Moody's and <br />Standard and Poor's. <br />Mr. Popovich's office suggests the following motions for the award of bids: <br />I. Motion adopting resolution accepting bid on the sale of �-�� �'�� <br />$ 8 5 0, 0 0 0 G e n e r a l O b� i g a t i o n C i t y H a l l B on c l s provi ding for t heir <br />issuance and levying a�ax for the payment thereof, <br />�"'% /��� bGtiO <br />2. Mation adop ' � u" accepting ba.d on the sale of $�59;9$g <br />General Bond roviding for their i suan�e and <br />levying a tax for ���payment thereo . ������ <br />S�i�,S � ��� <br />