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<br />5/24/.65
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<br />Council Chamber
<br />EugED. e, Or eg on
<br />, May 24, 1965
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<br />The adjourned" meeting of the Comm'on Council of the city" of Eugene, Oregon - adjourned from the regular
<br />meeting held on May 10, 1965 - was called to order at 7:30 p.m. PDT on May 24, 1965 in the Council
<br />Chamber by His Honor Mayor Edwin E. Cone with the, following councilmen present: Mr. Cha~t, Mrs.Lauris,
<br />Messrs. Crakes, Hawk, Purdy, McNutt, Anderson, and Lassen.
<br />
<br />The invocation was given by Rev. Harold Schroeder of the Mennonite Brethren.
<br />
<br />Minutes of the meeting held May 10, 1965, as mailed to members of the Council, were approved.
<br />
<br />NEW BUSINESS
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<br />1
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<br />A tabulation of bids fo! improvements and construction of structures on South Amazon Park was
<br />presented as opened May 6, 1965:
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<br />Bidder
<br />Krumdieck Bros.
<br />Howard Nelson
<br />
<br />Base Bid
<br />$ 50,623.00
<br />54,894.00
<br />
<br />Alternate A
<br />Fountain
<br />$ 936.00
<br />1,205.00
<br />
<br />Alternate B
<br />Sr.Ctzn Area
<br />$ 2,437.00
<br />2,453.00
<br />
<br />Alternate C
<br />Bsktb11 Crt
<br />$ 622.00
<br />416.00
<br />
<br />Mr. Chabt moved seconded by Mrs. Lauris to reject both bids and issue a new bid call (see Committee
<br />report May 20, 1965, Item 3). Rollcall vote. All councilmen present voting aye, motion carried.
<br />
<br />2
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<br />A tabulation of bids submitted on the second bid call for construction of sanitary sewer on
<br />Sorrel Way from Coburg Road to 'Sunshine Acres Drive, Willakenzie Sewers Phase VI, was presented as
<br />opened May 21, 1965:
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<br />..!_'.. .'- "'-
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<br />Pro;ect and Name of Bidder
<br />Willakenzie Sewers Phase VI (Sorrel Way from
<br />Coburg Road to Sunshine Acres Drive)
<br />Jeske Bros. Construction Co. (Low)
<br />Wildish Construction Co.
<br />
<br />Contract
<br />,Cost
<br />
<br />Engineer's
<br />Estimate
<br />
<br />$ 142,644.50
<br />163,446.61
<br />
<br />$ 124,063.72
<br />
<br />Alternate "A" (Reduction Class "D" Material)
<br />Jeske Bros. Construction Co. (Low)
<br />Wild ish Construction Co.
<br />
<br />148,226.00
<br />1-68,339.69
<br />
<br />Mr. Chatt moved seconded by Mrs. Lauris to reject both bids and issue another hid call at a later date.
<br />Rollcall vote. All councilmen present voting aye, motion carried.
<br />
<br />3 This being the date set for. the award of sale of General Obligation Bancroft Bonds, Series "U",
<br />in the amount of $671~347.49, the following tabulation of bids was presented as opened May24, 1965
<br />at 10:00 a.m. PDT:
<br />
<br />Bidder
<br />United States National Bank
<br />of Oregon
<br />
<br />Price
<br />per $100
<br />Par Value
<br />
<br />Interest Rate
<br />
<br />Net Interest
<br />Cost to City
<br />
<br />Effective
<br />Interest
<br />Rate
<br />
<br />I
<br />
<br />$100
<br />
<br />1966 to 1967 inclusive 2.5 % $111,097.98
<br />1968 to 1969 11 2.6
<br />1970 to 1971 " 2.8
<br />1972 to 1973 11 2.9
<br />1974 to 1975 11 3.0
<br />1965 4.6% - Supplemental coupons @ 2.1%)
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<br />3.013 %
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<br />(July 1, 1965 to December 1,
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<br />Citizens Bank .of Eugene $100 1966 to 1967 inclusive 6.0%
<br /> 1968 to 1969 11 2.75
<br /> 1970 to 1971 " 2.8
<br /> 1972 to 1973 " 2.9
<br /> 1974 to 1975 11 3.0
<br />
<br />$113,009.32
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<br />3.0656%
<br />
<br />First National Bank of Oregon,
<br />Eugene Main Branch
<br />
<br />$100
<br />
<br />1966 and 1967
<br />1968 through 1972
<br />1973 through 1975
<br />
<br />5.25%
<br />2.9
<br />3.0
<br />
<br />$113,468.24
<br />
<br />3.078 %
<br />
<br />Mr. Chatt moved seconded by Mr. Crakes that the bonds be sold to United States National Bank of Oregon
<br />on their bid price of $100.00 per $100.00 par value at an effective interest rate of 3.013%. Rollcall
<br />vote. All councilmen present voting aye, motion carried.
<br />
<br />4
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<br />The foliliowing applications for liquor licenses were submitted, as approved by the Police Depart-
<br />ment:
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<br />Retail Malt Beverage Class A - Walter A. Hafdahl, 2657 Willamette (location of German Smoked Meats,
<br />license previously submitted by partnership) (New);
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<br />5/24/65 - 1
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