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<br />188
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<br />, 5/26/58
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<br />BIDDER
<br />CITIZENS BANK OF EUGENE
<br />fOSTER & MARSHALL
<br />
<br />PURCHASE PRICE
<br />PER $100.
<br />OF PAR VAL UE
<br />PAR ($100.) PLUS
<br />$35.00 FOR WHOLE
<br />ISSUE
<br />
<br />INTEREST
<br />
<br />BOND DUE
<br />" "
<br />
<br />RATE
<br />1959-60
<br />1961-63
<br />- 11- ' "964:"68
<br />
<br />-5%
<br />- 2%
<br />:..- 2--,/4%
<br />
<br />NET INTEREST
<br />COST TO CITY
<br />$ 25,88 I .63
<br />
<br />EFFECTIVE
<br />INTEREST
<br />RATE
<br />2.3478%
<br />
<br />I
<br />
<br />--,
<br />
<br />.', - i,'
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<br />IT WAS MOVED By,MR. HARTMAN SECONDED BY MR. EDMUNDS THAT THE BONDS BE AWARDED TO EUGENE MAIN
<br />BRANCH, THE fIRST NATIONAL BANK Of PORTLAND, ON THE BID or $100.14 PER $100.00 PAR VALUE FOR AN
<br />AVERAGE INTEREST RATE Of 2.2911%. ROLLCALL VOTE. ALL,C~.UNSILMEN~~_ESENT V~TING,~YE, MOTION CARRIED.
<br />
<br />REPORTS Of OffiCERS
<br />
<br />I ' A REPORT rROM THE ASSISTANT CITY MANAGER - RE: IMPROVEMENTS, ETC., WAS SUBMITTED AND READ AS
<br />FOLLOWS:
<br />
<br />"THE PUBLIC WORKS DEPARTMENT REPORTS THE FOLLOWING PROJECTS WERE COMPLETED
<br />DURING THE LAST MONTH:
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<br />
<br />I. SIDEWALKS ON THE SOUTH S I DE'FOf 22ND AVENUE ,rROM VANBUREN STREET:
<br />--.--..----.-.. --- ...-".." -- -.... ...-
<br />TO ,TYLER STREET AND ON 20TH AVENUE BETWEEN PATTERSON AND HILYARD
<br />STREETS .'
<br />
<br />2. STORM SEWER ON MIAMI LANE BETWEEN 24TH AND 25TH AVENUES.
<br />
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<br />
<br />, .' . .
<br />THEY LIKEWISE REPORT THAT THE SANITARY' SEWERs IN CREsTwooD TERRACEs' ADDiTloN-
<br />HAVE BEEN STARTED AND THAT THE PEARL STREET TRUNK SEWER IS NOW TO THE POINT
<br />OF CROSSING 18TH AVENUE. As YOU KNOW, THE PEARL STREET SEWER IS TO EXTEND
<br />TO 28TH AVENUE.
<br />
<br />,_. i.'
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<br />THE ARCHITECTS rOR THE LIBRARY INDICATE THAT THE LIBRARY BUIGDING ,IS
<br />PROCEEDING.CLOSE TO SCHEDULE, THAT THE PERIMETER FOOTINGS ARE NOW IN PLACE,
<br />AND THE FOUNDATIONS IN THE ELEVATOR PIT ARE NOW BEING POURED. THE ARCHI,TECTS
<br />ALSO REPORT THAT IN THE EXCAVATION PROCESS, APPROXIMATELY 1200 SQUARE YARDS
<br />OF EXCAVATION BEYOND THAT ORI'GINALLY ANTICIPATED WAS NECESSARY TO ESTABLISH
<br />A fiRM FOOTING. THIS ADDITIONAL EXCAVATION HAD TO BE, REPCACED'WI,TH BAR,RUN
<br />FILL. As SOME or YOU MAY HAVE SEEN, AT THI:S !'9,1N:r_-'.N,:rH~.E_X~AV~:r19.N!'~9~E~S:S._,
<br />THE CONTRACTOR 'ENCOUNTERED AN OLD STREAM BED AND THE MATERIALS CONTAINED ~N
<br />THIS OLD STREAM BED WERE VERY UNSTA~LE WHICH NECESSITATED THE ACTION DESCRIBED
<br />ABOVE.
<br />
<br />ON EACH or YOUR DESKS YOU WILL FIND A COpy or THE ANNUAL REPORT OF THE
<br />POLICE DEPARTMENT FOR THE CALENDAR YEAR 1957.: THIS REPORT_ Ir:FOR YOU TORE-
<br />TAIN AND rOR YOUR INrORMATION." "
<br />_.. - - .. _'._ .. _... ... 0"" . . _ .. _ .
<br />
<br />IT WAS MOVED BY MR. HARTMAN SECONDED BY MR. EDMUNDS THAT THE REPORT OF THE ASSISTANT CITY MANAGER
<br />BE RECEIVED AND PLACED ON,FILE. MOTION CARRIED.
<br />
<br />REPORTS 0f COMMITTEES
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<br />A REPORT OF THE COMMITTEE MEETING HELD MAY 19, 1958 - RE: COMMITTEE or THE WHOLE,~ REQUEST TO
<br />PURCHASE' PARK PRQPERTY BETWEEN 29TH AND 30TH AVEN-U'ES FRor.; HI L'Y'ARD STREET TO THE AMAZON; S-UBM', TTED BY
<br />RODMAN & UREY; PROPOSAL ON HOUSING CODE; REQUEST FOR VARIANCE BY E. D. RATHBONE, 988 11TH AVENUE WEST;
<br />REQUEST FOR ANNEXATION BY CHRISTor AND CAROLINE WEGELIN, 2736 LAURELWOOD LANE; REQUEST By:GODLOVE THE
<br />PLUMBER FOR PAYMENT OF PLUMBING BILL; SUGGESTED CHANGES IN TRAFFIC ORDINANCE; SUGGESTED RELOCATION or
<br />WARD BOUNDARIES; WAS SUBMITTED AND READ AS rOLLOWS:
<br />
<br />-. T . . .. - . . ~ t.
<br />
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<br />"PRESENT: COUNCILMEN: SHISLER, EDMUNDS; LAURIS, MOLHOLM AND McGAFFEY; ASSISTANT. CITY:
<br />MANAGER; ASSISTANTCITY,RECORDER; CITY ATTORNEY; fIRE CHIEF; DIRECTOR OF
<br />PUBLIC WORKS; TRAFFIC ENGINEER; SUPERINTENDENT'OF PARKS & RECREATION;
<br />MR. BOGAN, ARCHITECT; TOM ,JACQUES, EUGENE REGISTER-GUARD.
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<br />COMMITTEE Of THE WHOLE .. {
<br />I. REQUEST TO PURCHASE PARK PROPERTY BETWEEN 29TH AND 30TH AVENUES rROM HILYARD STREET
<br />TO THE AMAZON,: SUBM I TTtD BY RODMAN & UREY - THE Ass I STANTC ITY MANAGER READ -A LETTER
<br />FROM RODMAN &:UREYi REALTORS, IN,WHICH THEY MADE A CASH orrER OF $25,000 fOR THE PURp
<br />CHASE OF APPROXIMATELY THREE ACRES Of PARK PROPERTY LOCATED BETWEEN 29TH AND 30TH
<br />-AVENUES FROM HILYARD STREET TO THE AMAZON. THE COMMITTEE DISCUSSED THE OFFER AND
<br />DECIDED'TH.T'SINCE THIS PROPERTY HAD BEEN DEEDED TO THE:C,TYOF EUGENE FOR PARK
<br />, , PUR~O_S_E,S, ONL Y ,BY THE CENTURY fUND, IT ,S.H.oYL.D NOT BE SOL,D,':, -',T. '!I,AS THERErORE RECOM-
<br />MENDED THAT THE OFrER BE REJECTED.
<br />
<br />IT WAS MOVED BY MR. HARTMAN SECON~ED BY MR. EDMUNDS THAT ITEM I or THE REPORT or
<br />THE COMMITTEE OF THE WHOLE BE APPROVED. MOTION CARRIED.
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<br />2. PROPOSAL ON HOUSING CODE - THE fiRE CHIEr PRESENTED TO THE COMMITTEE PICTURES SHOW-
<br />ING CONDITIONS BOTH INSIDE AND OUTSIDE OF VARIOUS OLD HOMES IN EUGENE, AND EXPLAINED
<br />THAT RECENTLY MANY OF THESE OLD HOMES HAD BEEN PURCHASED BY PERSONS WHO WERE CON-
<br />VERTING THEM INTO SMALL RENTAL APARTMENTS AND THAT MANY OF THEM, AS THE PICTURES
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