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<br /> Council Chambers, Eugene, Oregon
<br /> September 19, 1935.
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<br /> ':,'F Minutes of the adjourned meeting of the Common Council held at the hour of
<br /> ,~ 10:-30 o'clock A. M., September 19, 1935. Council was called to order by Mayor
<br /> Large, with all Councilmen present except Carlson.
<br /> Sealed bid for the sale of $113,000.00 Refunding Improvement Bonds "G", from
<br /> E. M. Adams and Co., Atkinson, Jones and Co., Blyth and Co., Inc., Camp and Co.,
<br /> Inc., Conrad, Bruc'e and Co., Ferris and Hardgrove, and Hemphill, Fenton and
<br /> Campbell, Inc. was opened. and read, and the Finance Committee retired to consider
<br /> said bid. They returned with the recommendation that the bid be accepted. Motion
<br /> I was made and seconded to accept the Finance Committee's recommendation, and the
<br /> I ayes and nays were called, Councilmen voting aye 7, nay none, absent Carlson.
<br /> The bid referred to being set out in full as follows:
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<br /> I " Eugene, Oregon
<br /> I September 19, 1935.
<br /> I City Council of Eugene
<br /> II Eugene, Oregon .
<br /> II Gentlemen:-
<br /> Ii For the legally issued $113,000.00 principal amount City of Eugene Refunding
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<br /> I: Improvement Bonds Series "Gu, to be dated September 15, 1935, issued in
<br /> denominations of $1,000. each, $11,000.00 thereof due September 15, 1936 and
<br /> il $11,000.00 due on the 15th of September of each succeeding year to and including
<br /> " September 15, 1944, and $14,000.00 due September 15, 1945, bonds to bear interest
<br /> ,: at the rate of 3 3/4% per annum, interest payable semi-annually on the 15th days
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<br /> " of March and September of each year, principal and interest payable at the office
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<br /> " of the City Treasurer in Eugene, Oregon, we will pay JlOO.03l per $100.00 par
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<br /> II value thereof, plus accrued interest to date of delivery to us, said bonds to be I
<br /> )1 due on the above-mentioned dates without right of prior redemption.
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<br /> II We are attaching hereto our certified check in the amount of $2,260.00, represent-
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<br /> II ing 2% of the par value of bonds bid for. This bid is subject to your furnishing
<br /> us with the final approving opinion of Teal, Winfree, McCulloch, Shuler & Kelley
<br /> II of Portland.
<br /> Respectfully submitted,
<br /> I'
<br /> ii
<br /> II E. M. ADAMS AND CO~,
<br /> !I ATKINSON, JONES AND CO.
<br /> BLYTH AND COl" IN C. ,
<br /> II CAMP AND CO., INC. ,
<br /> I, CONRAD, BRUCE AND CO.,
<br /> II FERRIS AND HARDGROVE,
<br /> II HEMPHILL, FENTON AND CAMPBELL, INC.
<br /> I' By - A. L. Hawn,
<br /> 'j
<br /> Vice-President '.
<br /> E. M. Adams and Company II
<br /> An Ordinance accepting the bid of E. M. Adams and Co., Atkinson, Jones and
<br /> Co., Blyth and Co., Inc., Camp and Co., Inc., Conrad, Bruce and Co., Ferris and
<br /> Hardgrove, and Hemphill, Fenton and Campbell, Inc. for the p~rchase of Refunding
<br /> Improvement Bonds "G", of the City of Eugene, in the sum of $113,000.00, and
<br /> fixing 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 Df the Council, and was placed upon its final passage. The
<br /> I ayes and nays were called, Councilmen voting aye 7, nay none, absent Carlson.
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<br /> I, The Ordinance was declared passed and numbered 8444.
<br /> II On motion the Council adjourned to meet on September 26th, 1935 at 7:30
<br /> II o'clock P. M. I
<br /> !I C. M. Bryan,
<br /> I City Recorder.
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