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<br /> I Council Chamb'ers, Eu@,ene, Oregon.,
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<br />-,;..;~. December 10, 1934.
<br />;t1t
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<br />""F-!J. Council met in regular monthly session at 7:30 o'clock P. M. , and was
<br />UJ.,.
<br /> I' called to order by Councilman Hendershott, President of the Council, in the
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<br /> Ii absence of Mayor Large, wi th all Councilmen present except Mr. Edwards, & Mr. Reid.
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<br /> II Motion was made, seconded and carried that the Council adjourn to meet
<br /> I' on December 14th at 7:30 o'clock P. M.
<br /> ! ~. S. Bryson,
<br /> i Ci ty Recorder.
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<br /> I . T.l~ sU'::; Q~' til:.J ~'cr"],L r :)C,; tiu,c' 0 ~:. the Council Chambe rs, Eugene, Oregon. .
<br /> ! December 14, 1934.
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<br /> II 1linutes of the regular meeting of the Common Council held at the hour of
<br /> I 7:30 o'clock P. M., 'December 14, 1934. Council was called to order by Mayor
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<br /> I Large, with all Councilmen present.
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<br /> Bids ~or the purchase of ~78,650.00 City of Lugene Funding Bonds were
<br /> opened at this time, and referred to the Finance Committee for consideration.
<br /> II After due consideration of all bids, the Finance Commi ttee, by Chairman
<br /> Hendersho tt, reported to the Council that the Commi ttee had de tennined that the
<br /> Ii bid of Ferris and Hardgrove at the rate of ~99.271 per $100.00 par value with
<br /> I: interest at 4~ per cent is the best bid and most satisfactory bid to meet the
<br /> II City's re'luirements, and moved that the City Council finds and detennines that
<br /> I: said bid is the best bid and most satisfactory to the purposes of the Ci ty, and
<br /> 'i that said bid be accepted by the City, and that all other bids be rejected and
<br /> I: bid checks returned to unsuccessful bidders. The bid referred to being hereby
<br /> il set out in full as follows: I
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<br /> Ii Dec. 14, 1934
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<br /> , Mr. :.:;R. S. Bryson,
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<br /> I; City Recorder, ,
<br /> :: .E.'ugene, Oregon.
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<br /> d Dear Sir:
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<br />Ii For $78,650.00 legally issued General Obligation Funding Bonds of the
<br />,I City of Eugene, delivered to us in Portland, Oregon, to be dated as
<br />Ii soon as legally possible and to mature $8000 each year for nine years
<br /> and $6650 on the tenth year, to be redeemable, however, in numerical
<br />II order aftet two years from date, said bonds to be in denominations of
<br />I' $1000 except one bond in the denominati on o.f $650, bearing interest at
<br />II the rate of 4t ~ per annum, payable semiannually, both principal and
<br /> interest payable at the office of the City Treasurer in ~Ugene, Oregon, -.
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<br />Ii Vffi WILL PAY $99.271 and accrued interest from date of bonds to date
<br />II of their delivery to us for each :J;100 par value of bonds.
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<br />II Thi s bid is made subjec t to the approval by our at torm ys, Teal, Hinfree,
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<br />I, McCulloch & Shuler, of the legality of said bonds, you agreeing to fur-
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<br /> Ii nish us promptly with a full certified transcript of all proceedings
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<br />Ii had incident to the issuance of said bonds, and to furnish such other
<br />'I certificates and take such further action as said attorneys may re'luest.
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<br />Ii This bid is for immediate acceptance and prompt delivery of said bonds.
<br />q ~e hand you herewith our certified check in the amount of $1600 as
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<br />I, evidence of our good faith in complying with the terms and co ndi tions
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<br />I: of this bid, which is to apply as part payment upon delivery of said
<br />Ii bonds to us. Said check is to' be immedia tely re turned to us if thi s I
<br />,I bid is not accepted.
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<br />II Respectfully submitted,
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<br /> FERRIS & HARDGROVE
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<br />II By A. L. Hawn.
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<br />I v7e hereby agree to furni sh
<br />I printed bonds as above described.
<br />j .
<br />\ A. L. Hawn
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