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<br />r-.428.
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<br />, 5/23/60
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<br />PAVING (CONTD)
<br />PROJECT AND NAME OF BIDDER
<br />36' PATTERSON STREET FROM ALLEY BETWEEN 20TH AND 21ST
<br />AVENUES TO 24TH AVENUE
<br />BYRNES CONSTRUCTION CO. (Low)
<br />WILDISH CONSTRUCTION CO.
<br />CENTRAL PAVING
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<br />34'
<br />
<br />17TH AVENUE FROM POLK TO TAYLOR STREET
<br />W,LD,SH CONSTRUCTION CO.
<br />BYRNES CONSTRUCTION CO.
<br />CENTRAL PAVING
<br />INTER-CITY CONSTRUCTION CO.
<br />
<br />( Low)
<br />
<br />14' ALLEY BETWEEN 6TH AND 7TH AVENUES FROM
<br />ALMADEN TO FILLMORE
<br />W,LD,SH CONSTRUCTION CO.
<br />
<br />( Low)
<br />
<br />.~ I 1"-
<br />
<br />PREVIOUS BID -
<br />
<br />341
<br />
<br />26TH AVENUE FROM LAWRENCE TO WASHINGTON
<br />CENTRAL PAVING
<br />BYRNES CONSTRUCTION CO.
<br />W,LD,SH CONSTRUCTION CO.
<br />
<br />(Low) .
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<br />421
<br />
<br />3RD A VENUE FROM LJ NCOLNTO WASHINGTON
<br />BYRNES CONSTRUCTION CO.
<br />CENTRAL PAVING
<br />INTER-C,TY CONSTRUCTION CO.
<br />WILDISH CONSTRUCTION CO.
<br />
<br />( Low)
<br />
<br />SIDEWALK
<br />26TH AVENUE FROM LAWRENCE TO WASHINGTON
<br />FRED STUBBERT
<br />
<br />CONTRACT
<br />COST
<br />
<br />$ 16,713.30
<br />16,826,.90
<br />17 ,041.38
<br />
<br />6, 177.75
<br />6,334.48
<br />6,341.98
<br />6,:500 .53
<br />
<br />3,226.50
<br />3,110.00
<br />
<br />5,766.32
<br />5,790.94.
<br />6,141.55
<br />
<br />I 2, I 69 .30
<br />12,692.50
<br />13,028.90
<br />,13,311.95
<br />
<br />1,,108.60.
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<br />- .' ~ .- -
<br />~-~.: -_.,._-~ .---- ----
<br />
<br />-~---_._----------
<br />- . - -. . - .
<br />
<br />COST PER
<br />FRONT FOOT
<br />
<br />$ 7.14
<br />
<br />6.93
<br />
<br />5.05
<br />
<br />,8.06
<br />
<br />8.53,
<br />
<br />1.71
<br />
<br />IT WAS MOVED BY MR. SHEARER SECONDED BY MRS. LAURIS THAT THE CONTRACTS BE AWARDED TO THE LOW
<br />BIDDER ON,EACH PRO.lECT EXCEPT FOR THE SANITARY SEWER BETWEEN FERRY AND PATTERSON STREETS FROM 12TH
<br />TO 13TH AVENUE WHICH IS TO BE READVERTISED AND 'NEW BIDS CALLED, AND THAT THEPROPER CITY OFFICIALS
<br />BE AUTHORIZED TO DRAW THE NECESSARY DOCUMENTS FOR THOSE CONTRACTS AWARDED. ROLLCALL VOTE. ALL
<br />COUNCILMEN PRESENT VOTING AYE, MOTION CARRIED.
<br />
<br />THIS BEING THE DATE SET FOR THE AWARD OF BIOS ON,GENERAL OBLIGATION IMPROVEME;NT BONDS SERIES "p"
<br />IN THE AMOUNT OF $292,472.17, THE FOLLOWING BIDS WERE TABULATED AS OPENED MAY 23, 1960 AT 10:00 AM:
<br />
<br />PURCHASE PRICE
<br />PER $100 OF
<br />PAR VALUE
<br />$ 100.00
<br />
<br />INTEREST RATE
<br />BONDS DUE 1961-62 - 6"
<br />BONDS DUE 1963 3-1/4%
<br />BONDS DUE 1964-67 ~..
<br /> ..-- - 3". ,"
<br />BoNDS DUE 1968-70
<br />
<br />BIDDER
<br />FOSTER & MARSHALL,
<br />NATIONAL BANK OF WASHINGTON
<br />AND CITIZENS BANK OF EUGENE
<br />
<br />BLYTH & COMPANY, INC., AND
<br />EUGENE BRANCH, U.S.NATIONAL
<br />BANK OF PORTLAND, OREGON
<br />
<br />$ 100.03
<br />
<br />BONDS DUE 1961-62 - 6"
<br />BoNOS DUE 1963-68 - 3-1/4;'
<br />BoNDS DUE 1969-70 - 3-1/2;'
<br />BONDS DUE 1961-62 - 6"
<br />BONOS DUE 1963-70 -' 3-1/2%
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<br />THE FIRST NATIONAL BANK OF
<br />OREGON, EUGENE MAIN BRANCH
<br />
<br />$ 100. I 3
<br />
<br />NET INTEREST
<br />COST TO CITY
<br />$ 51,608.83
<br />
<br />EFFECTIVE
<br />INTEREST
<br />RATE
<br />3.2306 "
<br />
<br />55,668.09, 3.4847;'
<br />
<br />57,738.67 3~6144"
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<br />IT WAS MOVED BY MR. SHEARER SECONDED BY MRS. LAURIS THAT THE BIOS BE AWARDED TO FOSTER & MARSHALL,i:
<br />NATIONAL BANK OF WASHINGTON, AND CITIZENS BANK OF EUGENE ON THE BID OF $100.00 PER $100.00 J='AR VALUE '
<br />FOR AN AVERAGE INTEREST RATE OF 3.2306". ROLLCALL VOTE. ALL COUNCILMEN PRESENT, VOTING AYE, MOTION
<br />CARRIED.
<br />
<br />REPORTS OF OFFICERS
<br />
<br />A REPORT FROM THE CITY MANAGER WAS SUBMITTED AND READ AS FOLLOWS:
<br />
<br />liTHE PUBLIC WORKS DEPARTMENT REPORTS THE FOLLOWING PROGRESS ON IMPROVEMENT PROJECTS
<br />NOW UNDER CONTRACT:
<br />
<br />I. WEST SIDE TRUNK SEWER IS PROGRESSING SLOWLY BECAUSE OF THE WEATHER.
<br />ApPROXIMATELY 450 LINEAL FEET OF 54" PIPE HAS BEEN PLACE~ ~ND BAC~
<br />FILLED WITH A REMAINDER OF 50 FEET IN PLACE AND READY FOR.6ACKFILLING.
<br />THE CONTRACTOR HAS COMPLETED THE RAILROAD CROSSING AT 5TH AVENUE AND
<br />HAS ALSO INSTALLED APPROXIMATELY 60 FEET OF TUNNEL LINER UNDER THE
<br />COOS BAY BRANCH OF THE SOUTHERN PACIFIC RAILROAD.
<br />
<br />2. THE CONTRACTOR CONSTRUCTING THE PUMPING STATION HAS COMPLETED THE BASE
<br />POUR,.AND'THE ACCESS ROAD OVER CITY PROPERTY INTO THE PUMPING STATION
<br />HAS BEEN COMPLETED BY THE MAINTENANCE DEPARTMENT.
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