HomeMy WebLinkAbout12-30-46-1 - Resolution - 12/30/1946RESOLUTION filo. 12 - 30-146 -1
AWARDING SALE OF CITY OF COLLEGE STATION WATERWORKS AND SEWER
BONDS AND CITY OF COLLEGE STATION ELECTRIC LIGHT SYSTEM BONDS
TO MORONEY, BEISSNER & COMPANY AND ROWLES & COMPANY
WHEREAS, the City Council of the City of College Station, Texas, has
heretofore received bids on $85,000 CITY OF COLLEGE STATION Ii TER/ORKS AND
SEWER BONDS, SERIES 1947, dated January 1, 1947, and $15,000 CITY OF COLLEGE
STATIM!; ELECTRIC LIGHT SYSTEM BONDS, SERIES 1947, dated January 1, 1547; and
WHEREAS, the joint beid of Moroney, Beissner & Company and Rowles & Co pany
of Houston, Texas, at a price of par and accrued interest, was the highest and
best bid submitted for said bonds; and
WHEREAS, the City Council deems it advisable and to the best interest
of the City of College Station to sell said bonds jointly to said Moroney,
Beissner & Company and Rowles & Company;
THEREFORE, BE IT RESCLVEi. 13i THE CITY COUNCIL OF THE CITY 0: COLLEGE
STATION, TEXAS:
That the joint bid of Moroney, Beissner & Company and Rowles & Company,
of Houston, Texas, on $85,000 CITY OF COLLEGE STATION NATER(ORKS AND SEVER
BONDS, SERIES 1947, and $15,000 CITY OF COLLEGE STATION ELECTRIC LIGHT
SYSTEM BONDS, SEILIES 1947, dated January 1, 1947, be, :.nd the same is hereby
accepted.
That the Mayor and City Secretary are hereby authorized, directed and
instructed to do all things necessary to deliver said bonds to said Moroney,
Beissner & Company and Rowles & Company, at a price of par and accrued interest.
ADOPTED AND APPROVED this 30th d
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