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<br /> ~ <br /> 489 <br /> COUNCIL CHAMBERS <br /> EUGENE, ORE GON <br /> I SEPTEMBER 26, 1949 <br /> ~ <br /> THE REGULAR MEETING OF THE COMMON COUNCIL OF THE CITY OF EUGENE WAS HELD ON SEPTEMBER 26, 00 <br /> 1949 AT 7:30 P.M. THE MEETING WAS CALLED TO ORDER BY HIS HONOR, MAYOR V. E. JOHNSON. COUNCILMEN '~ <br /> PRESENT WE RE : HA WN, DAVIS, CRUMBAKER, WELLS, Bo 0 T H , GODLOVE AND SMITH. COUNCILMEN ALLEN WAS <br /> , . <br /> A BS E NT. <br /> THE MINUTES OF THE LAST MEETING HELD SEPTEMBER 12, 1949 WERE READ AND APPROVED.. <br /> I I THIS BE I NG THE DATE SET FOR THE OPENING OF THE BIDS ON THE SALE OF #123,903.29, BANCROFT <br /> Bo NOS, SERIES "C", THE CITY RECORDER REPORTED THE RECEIPT OF THREE BIOS. <br /> UPON MOTION DULY MADE, SECONDED AN 0 CARRIED,. THE RECORDER WAS INSTRUCTED TO OPEN THE BIDS <br /> WHICH WERE TABU LA TED AS FOLLOWS: <br /> BOND PRICE PER COST OF LE GAL OPINION <br /> BIDDER $100 OF FACE VALUE INTEREST RATE TO BE BO RN E BY <br /> EUGENE BRANCH - U. S. <br /> NATIONAL BAN K 0 F <br /> PORTLAND 100.42 1-3/4% BIDDER <br /> BLYTHE & COMPAN Y 100.00 BONDS DUE 1950-51 (Y 4-1/2% <br /> II II 1952-54 (j 1-1/4% <br /> .. .. 1955-57 Ci 1-1/2% BIDDER <br /> It II 1958-59 Ci 1-3/4% <br /> FIRST NATIONAL BANK <br /> OF Eu GENE 100.14 2% BIDDER <br /> COUNCILMAN HAWN REPORTED THAT AFTER CONSIDERATION OFT HE NET INTEREST RATE. THE SALE PRICE <br /> AND CONS I DERI NG THE DIFFERENCE IN COST IF CALLA BLE FEATURE IS EXERCISED PLUS THE CALCULATED <br /> 01 Ff"E REN CE IN THE COST OF PRINTING AND SHIPPING THE BO NOS THAT IN HIS OPINION THE BID Of" THE <br /> I EUGENE BRANCH Of" THE u. S. NATIONAL BANK OF PORTLAND WAS THE MOST ADVANTAGEOUS f"OR THE C I T Y TO <br /> ACCEPT. <br /> IT WAS MOVED BY HAWN, SECONDED BY CRUMBAKER THAT THE BID Of" THE EUGENE BRAN CH Of" THE u. S. <br /> NATIONAL BAN K 0 F PORTLAND WITH A NET INTEREST COST Of" $11,885.42 OR 1.676% BE ACCEPTED AND THAT <br /> THE PROPER CITY OfFICERS BE AUTHORIZED TO HAVE THE BONDS PREPARED AND DELIVERED TO THE EUGENE <br /> BRANCH Of" THE u. S. NATIONAL BA N K 0 F' PORTLAND IN CONF'ORMITY WITH THE BID. ROLLCALL VOTE. ALLEN <br /> ABSENT. MOTION CARRIED. <br /> REPORTS OF OFFICERS <br /> 2 THE CITY MANAGE R REPO RTED ON THE REQUEST TO THE STATE HIGHWAY DEPARTMENT FOR PARTICIPATION <br /> IN THE INSTALLATION OF TRAFFIC SIGNALS AT 6TH AND 7T H AN 0 HIGH AND 7TH AN D OLIVE STREETS, STATING <br /> THA T OfFICIALS OF THE HIGHWAY DEPARTMENT HA 0 NOT PRESENTED THIS REQUEST TO THE COMMISSION AT THE <br /> MEETING Of" SEPTEMBER 21ST, BUT THAT MEMBERS OF THE HI G HW A Y DEPARTMENT STATED THAT THEY WOULD CALL <br /> THE BOARD INDIVIDUALLY WITHIN THE NEXT WEEK OR SO IN AN ENDEAVOR TO GET APPROVAL OF THE SE THREE <br /> LIGHTS BE FO RE THE NEXT COMMISSION MEETING. <br /> PROGRESS OF THE IMPROVEMENT PROJECTS, BRIDGES UNDER CONSTRUCTION AND MILLRACE WAS THAT THEY <br /> ARE ALL PROGRESS I NG IN GOOD SHAPE AND THAT THE DANGER OF BEING LEFT WITH A NUMBER OF UN FIN 1 S HE 0 <br /> PROJECTS WAS A BOU T OV E R , DUE TO THE CURRENT GOOD WEATHER AND THE GOOD PROGRESS MADE BY THE <br /> CONTRACTORS UNDER THE ENGINEERING DIRECTION OF MR. CLUBB. <br /> 3 POLICE CHIEF JONES GAVE A COMPREHENSIVE REPORT Of THE MEETING OF' THE INTERNATIONAL ASSOCIA- <br /> I TION OF CHIEFS OF POLICE HEL 0 IN DALLAS, TEXAS, SEPTEMBER II-15TH, RELATIVE TO TRAFFIC PROBLEMS, <br /> PROPERTY VALUATIONS PERTAINING PARTI CULARLY TO ONE-WAY GRID SYSTEMS. His REPORT COVERED THE <br /> HOUSTON, TEXAS GRID PLAN INVOLVING THE GULF FREE-WAY AND THE ACCESSIBILITY OF TRAF"F"IC TO THE <br /> BUSINESS AREA AND THE MOVEMENT OF TRAFFIC WITHIN THE BUSINESS AREA. THE MATERIAL WHICH HE: <br /> PRESENTED COVERED ONE-WAY GRID SYSTEMS AND OFF-STREET PARKING F'ACILITIES AND WAS RECEIVED AND <br /> F'ILED WITH THE ONE-WAY GRID FILE FOR THE C I T Y OF EUGENE. <br /> REPO RTS OF COMM I T TEES <br /> I 4 A JOINT REPORT Of THE FINANCE AND PUBLIC SAF'ETY COMMITTEE - RE: liCENSING LEGALIZED <br /> PUNCHBO ARDS WAS S U BM I T TED AND READ AS F'OLLows: <br /> itA COMMITTEES <br /> MEETING OF" THE PUBLIC SAFETY AND FINANCE - RE: LICENSING LEGALIZED <br /> PUNCHBOARDS WAS HELD ON SEPTEMBER 20. 1949 AT 5:00 P.M. PRESENT WERE COUNCILMEN HA WN , DAVIS, <br /> AND CRUMBAKER, CITY MANAGER, CITY ATTORNEY, AND CITY RECORDER. <br /> AFTE R CONS I DERABLE DiSCUSSiON RELATIVE TO PUNCHBOARDS AS RECENTLY. DECLARED LEGAL BY <br /> DISTRICT Ju DGE ANDERSON, I TWAS DECIDED BY THE COMMITTEE THA T THE CITY SHOULD EITHER ABOLl SH <br /> THEM ENTIRELY OR LICENSE THE M. <br /> DR. CRUMBAKER MOV ED TO ABOL I SH THE PUNCHBOARDS ENTIRELY, BUT THERE WAS NO SE CON D TO <br /> THE MOTION, WITH THE RECOMMENDATION THAT A MINORITY RE PO RT BE FILED OPPOSING THE LICENSING <br /> Of" PUNCHBOARDS. <br /> ~ : /.... <br /> "~,~- " !i ,..i>. ,d.',---, , ',~,.~. _d._,.....,_, <br />