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<br /> COUNC I L CHAMBERS,
<br /> EUGENE, OREGON,
<br /> J SEPTEMBER 13, 1948 .
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<br /> ,: .JfS' THE REGULAR MEETING OF' THE COMMON COUNC I L Of EUGENE WAS 'HELD SEPTEMBER 13, 1948 AT 7: 30 P.M.
<br /> tV THE MEETING VIAS CALLED TO ORDER BY HIS HONOR, MA YOR EARL MCNuTT. COUNCILMEN PRESENT WERE HAWN,
<br /> (y DAVIS, CRUMBAKEI~, BAILEY, JOHNSON, ALLEN, AND HANNS. COUNCILMAN WELLS TO OK HIS SEAT IN THE COUNCIL
<br /> .,....-...... CHAMBERS AT 8:00 P.M.
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<br /> THE MINUTES Of THE I,AST REGULAR SESSION HELD AUGUST 23, 1948, WERE READ AND APPROVED.
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<br /> I THIS BE ING THE DATE SET F'O R THE CONSIDERATION OF BIDS FOR THE CONSTRUCTION OF A S E VI E R 0111 THE
<br /> EAST SIDE OF WASHINGTON STREET F'ROM 24TH TO 25TH AVENUE, THE CI TY RECORDER REPORTED THAT THE
<br /> FOLLOWING BID HAD BEEN OPENED PUBLICLY ON SEPTEMBER 10, 1948, AT 2:00 P.M., AND VIAS RECEIVED -
<br /> AND
<br /> TABULATED AS fOLLOWS:
<br /> F. w. RIDDLE
<br /> 8-INCH SEWER 700 LIN.FT. @ $ 2.40 $ 1,680.00
<br /> MANHOLES 2 EACH 160.00 320.00
<br /> 4-INCH IVYES 9 EACH 2.75 24.75
<br /> $ 2, 0~,4,~ 7~
<br /> THE BID WAS ACCOMPANIED BY A BIDDERS BONf) AND WAS IN PROPER ORDER. IT WAS SUBMITTED F'OR
<br /> CONSIDERATION OF THE COUNCIL.
<br /> IT WAS MOVED BY CRUMBAKER, SECONDED BY HAWN THAT THE BID OF' F. w. RIDDLE IN THE SUM OF
<br /> 82,024.75, BEING THE 'ONLY BID SUBMITTED, BE ACCEPTED SU13JECT TO THE APPROVAL OF A MAJORITY OF'
<br /> THE OWNERS Of PROPERTY ABUTTING THE PROPOSED IMPROVEMENT, AND THAT THE PROPER CITY OFFICERS BE
<br /> INSTRUCTED TO ENTER INTO A CONTRACT WITH F. w. RIDDLE fOR 'THE CONS'T RU CT ION OF' A SEWER ON THE EAST
<br /> SIDE OF WASHINGTON STREET FROM 24TH TO 25TH AVENUE. MOTION CARRIED.
<br /> 2 THIS BE I NG THE DATE SET FOR THE OPENING Of BIDS ON THE SALE OF $120,000.00 FIRE DEPARTMENT
<br /> AND E QU I PM E N T BOND, THE CITY RECORDER REPORTED THE RECEIPT Of F'OUR BIDS. . ,
<br /> UPON MOT I ON "DUL V MADE, SECONDED AND CARRIED, THE RE CORDER WAS INS T RUCTE'D TO OPEN THE BIDS I
<br /> WHICH WERE SCHEDULED AS fOLLOWS:
<br /> BOND PRICE PER COST Of LEGAL
<br /> BIDDER $IOO~OOvOF'~r.ACE VALUE INTEREST RATE OPINION T'O BE BORNE BY
<br /> BLYTHE & CO. & .
<br /> EUGENE BRAN CH OF'
<br /> U.S. NATIONAL BANK
<br /> OF' PORTLAND, ORE. $ 100.782 2-1/2% BIDDER
<br /> FIRST NATIONAL BANK BONDS DUE 1950-54 @ 2-3/4%
<br /> OF EUGENE, ORE GON & n n 1955-59 @ 2-1/2%
<br /> ASSOCIATES $ 100'.00 " " 1960-63 @ 2-3/4% BIDDER
<br /> PACIF'IC NORTHWEST CO~ $ 100.00 BONDS DUE 1950-53 @ 2-1/4%
<br /> " " 1954-63 @ 2-3/4% CITY OF' EUGENE
<br /> STATE BOND COMMISSION $ 100.63 2-3/4% BIDDER
<br /> COUNCILMAN HAWN REPORTED T HA T COMPUTATION Of THE INTEREST CHARGES REVEALED THAT THE JOINT BID
<br /> OF' BL VT HE AND COMPANY AND EUGENE BRANCH OF' THE UNITED STATES NATIONAL BANK TO BE THE MOST ADVANTA-
<br /> GEOUS TO THE C IT Y OF' EUGENE.
<br /> IT WAS MOVED BY DAVIS, SECONDED BY HAWN THAT THE BID Of BLYTHE AND COMPANY AND EUGENE BRANCH I
<br /> Of THE UNITED STATES NATIONAL BANK Of PORTLAND, OREGON, BE ACCEPTED AND THAT THE PROPER CITY OffiCERS
<br /> BE AUTHORIZED TO HAVE THE BONDS PREPARED AND DELIVERED TO BLYTHE AND COMPANY AND EUGENE BRANCH OF'
<br /> THE UNITED STATES NATIONAL BANK Of PORTLAND, OREGON IN CONfORMITY WITH THE BID. ROLLCALL VOTE.
<br /> ALL COUNCILMEN PRESENT VOTING AYE. MOTION CARRIED.
<br /> 3 THIS BEING THE DATE SET FOR THE OPENING Of BID6 ON THE SALE Of $30,000.00 SEWAGE AND DRAINAGE
<br /> SY6TEM BOND, SERIES A, THE C I T Y RECORDER REPORTED THE RECE I PT Of fOUR BIDS.
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<br /> UPON MOTION DU~Y MADE, SECONDED AND CARRIED, THE RECORDER WAS INSTRUCTED TO OPEN THE BIDS
<br /> WHICH WERE SCHEDULED AS F'OLLOWS:
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