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<br /> Cl.; "..', r, ." Council Chambers,-..Eugene, Oregon I
<br /> C;.. August 5-, 1935.
<br /> .,,:.,-
<br /> ~1
<br /> ...,~
<br /> Minutes of the adjourned meeting of the Common Council held at the hour of
<br /> 7:3Qo'eloc~ P. M., AugUEt 5, 1935. Council was called to order by Mayor Large,
<br /> wi th')all. Councilmen present except Reid and. Simon.
<br /> Sealed bids for the sale of $190,500.00 Refunding Improvement Bonds F, from
<br /> Ferrts & Hardgrove, were opened and read, and the Finance Committee retired to
<br /> consider said bid. They returned later with the recommendation that the bid of
<br /> I Ferris & Hardgrove be accepted. Motion was made and seconded to accept the
<br /> Finance Committee's recommendation, and the ayes and nays were called. Councilmen
<br /> I
<br /> I voting aye 6, nay none, absent,Reid and Simon. The bid referred to being set out
<br /> I
<br /> ! in full as ,follows; .:~
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<br /> I If August 5, '1935 '.'
<br /> II .,
<br /> Mr. C. M. Bryan :
<br /> " City Recorder j
<br /> Ii Eugene, Oregon
<br /> II . i - -
<br /> ~ :. " .-,'
<br /> I Dear"Sir:
<br /> , "
<br /> " For the $190,500:00 City of Eugene Refunding Improvement Bonds, Series,tlPIt,
<br /> dated August 15th, 1935, and maturing as follows: $19,000.00 August 15, 1937,
<br /> $19,000.00 August 15th of each succeeding year. to and including August 15,1945,
<br /> and $19,500.00 August 15, 1946, bearing interest at 3-3/4 % per annum, payable
<br /> semi-annually on the fi:fteenth day of August and February of each year, both
<br /> principal and interest payable at the office of the City Treasurer at Eugene,
<br /> Oregon, and without right of pr-lor redemption.
<br /> WE WILL PAY $100.37 for each $100.00 par value of bonds plus accrued interest
<br /> r from date of bonds to date of delivery to us.
<br /> The approving opinion of , Messrs. Teal, Winfree, McCulloch, Shuler & Kelly I
<br /> of Portland, Ore~on, as to the legality of these bonds Is to be furnished us
<br /> upon delivery of the bonds.
<br /> I As evidencec:of, good faith we attach hereto certified check for $3,810 upon
<br /> I the understanding .that if the bonds are awarded and delivered to us in accordance
<br /> I with this bid this check may be applied as part payment, otherwise same is to be
<br /> I promptly returned to us.
<br /> I
<br /> II Respectfully submitted
<br /> \1 Perris & Hardgrove
<br /> I
<br /> I Hemphill Fenton & Campbell, Inc.
<br /> I Conrad Bruce & Company
<br /> Atkinson Jones' & Company
<br /> Camp & Company
<br /> Blyth & Company, Inc.
<br /> E. M. Adams & Company
<br /> By: Ferris & Hardgrove .
<br /> Everett Harp};lam
<br /> The above bid is hereby accepted on behalf of the Common Council of the City
<br /> of Eugene, Oregon this 5th day of August, 1935, and receipt of certified check for
<br /> II $8,810 is hereby acknowledged.
<br /> Elisha Lar~e
<br /> Mayor
<br /> ATTEST:
<br /> Arthur Hendershott
<br /> RED:JH It
<br /> I
<br /> i
<br /> I An Ordinance accepting the bid of Ferris & Hardgrove for the purchase of
<br /> I Refunding Improvement Bonds UP", of the City of Eugene, in the sum of $190,500.00
<br /> and ~ixing the rate of interest on said bonds, was read the first time and passed
<br /> its second and third readings by title under suspension of the rule, by the
<br /> I unanimous consent of the Council, and was placed upon its final passage. The ayes
<br /> and nays were called, Councilmen voting aye 6, nay 0, absent, Reid and Simon. The
<br /> Ordinance was declared passed and numbered 8432.
<br /> On motion the Council adjourned. '.
<br /> ~ \1 C. M. Bryan,
<br /> City Recorder.
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