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<br />e <br /> <br />RESOLUTION NO. <br /> <br />A RESOLUTION ACCEPTING A BID FOR THE PURCHASE <br />OF CITY OF EUGENE GENERAL OBLIGATION IMPROVEMENT <br />BONDS, SERIES K, AND DIRECTING DELIVERY AND <br />SALE THEREOF <br /> <br />WHEREAS, on the 13th day of March, 1985, bids were considered during <br />a regular Council meeting for the purchase of $2,235,000 of City of Eugene <br />General Obligation Improvement Bonds, Series K, to be dated April l, 1985, <br />and the Council of the City having met in regular session to consider said <br />bids; and <br /> <br />WHEREAS, several bids having been received and considered, copies of <br />each of which are attached hereto, and the Council deems it desirable that <br />the responsible bidder offering to purchase said bonds at the lowest net <br />effective rate of interest cost to the City of Eugene be accepted; now; <br />therefore, <br /> <br />BE IT RESOLVED BY THE COUNCIL OF THE C.ITY OF EUGENE, OREGON: <br />Section l. The Council hereby finds and determines that the bid of <br />is the best bid received for the purchase of <br />General Obligation Improvement Bonds, Series K, being the one with the lowest <br /> <br />- <br /> <br />net effective rate of interest being <br /> <br />% per annum. <br /> <br />That bid is hereby accepted and the bonds shall be sold and delivered to <br />the bidder above named. <br /> <br />ATTEST: <br /> <br />APPROVED: <br /> <br />Recorder <br /> <br />Mayor <br /> <br />e <br /> <br />RESOLUTION NO. <br />