04/12/1954 Meeting - Laserfiche WebLink

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e ~ ---__._-----------U-__~___.______ I e I .. I e I e 2 3 I I ! SPECIAL SEWER FUND DOG FUND HENRY F. BEISTEL, TREAS. EUGENE CONCRETE PIPE & PROD. EUGENE SAND & GRAVEL GODLOVE THE PLUMBER LANE GRAVEL CO. $ HARRY L. CHASE, COUN~Y CLERK 4.25. 12.00 21.69. 99.00 9.00 $ 91.00 AMAZON CHANNEL SEWER FUND LANE COUNTY ABSTRACT CO. 12.50 STREET, BRIDGE & DRAINAGE C & M FUND INTERSECTION FUND OREGON STATE HIGHWAY DEPT. HENRY F. BEISTEL, TREAS. TED PI CKENS I , 250.00 119.'00 84.00 IT WAS MOVED BY BOOTH, SECONDED BY CRUMBAKER THAT THE BILLS AS SUBMITTED AND READ BE APPROVED AND. THE PROPER CITY OrrlCERS BE INSTRUCTED TO DRAW uP THE NECESSARY WARRANTS. ROLLCALL VOTE. MOTION .CARRIED. THE fOLLOWI NG MONTHLY' PAYMENT ESTI MATES WERE SUBMI TTED: ARMSTRONG AND HAUGEN 1ST AND fINAL fOR SIDEWALK REPAIR AT 1350 LINCOLN STREET RESIDENCE Of GERTRUDE BECK THURMAN $ 77,.63 CHADEK CONCRETE CO. 1ST AND rlNAL fOR SIDEWALK REPAIR AT 577 MADISON STREET RESIDENCE Of RALPH NICHOLS 132.00 BILL CHRISTENSEN 1ST AND fiNAL rOR SIDEWALK REPAIR AT 590 JEffERSON STREET RESIDENCE Of PHILLIP A. PICK 169.27 TED PI CKENS 1ST AND fiNAL fOR SIDEWALK REPAIR AT 360 MONROE STREET RESIDENCE Of LUCY BALLER 58.75 1ST AND fiNAL fOR SIDEWALK REPAIR AT 515 CHESHIRE AVENUE RESIDENCE Of JUNE RICH I 57.92 1ST AND rlNAL rOR SIDEWALK REPAIR AT 145 N. WASHINGTON STREET RESIDENCE Of KENSLER I 52 . 25 1ST AND fiNAL rOR SIDEWALK REPAIR AT 245 MONROE STREET RESIDENCE Or BISHOP 103.37 CORNELL, HOWLAND, HAYES & MERRYFIELD ENGINEERING SERVICES fOR SEWAGE DISPOSAL PLANT 4,107.59 RESIDENT ENGINEER fOR SEWAGE DISPOSAL PLANT 271.59 IT WAS MOVED BY BOOTH, SECONDED BY SIEGENTHALER THAT THE ESTIMATES AS SUBMITTED AND READ BE APPROVED AND THE PROPER CITY OffiCERS BE AUTHORIZED TO ISSUE WARRANTS fOR SAME. ROLLCALL VOTE. MOTION CARRIED. IT WAS MOVED BY CRUMBAKER, SECONDED BY BOOTH THAT THE MATTER Of THE BIDS ON THE $214,236.53 BANCROfT BOND ISSUE, SERIES "J" BE MOVED UP rOR CONSIDERATION AS THE NEXT ITEM. MOTl ON CARRI EO. THIS BEING THE DATE SET fOR THE OPENING AND CONSIDERATION Of BIDS ON THE SALE Of $214,236.53 BANCROfT. IMPROVEMENT BOND, SERIES "J", THE CITY RECORDER REPORTED THE RECEIPT Of TWO BIDS PUBLICLY OPENED AT 10:00 A~M. ON APRIL 12, 1954. THE BIDS WERE TABULATED AS rOLLOWS: BIDDER PURCHASE PR ICE 'PER $100 PAR VALUE EffECT I VE I NTEREST RATE INTEREST RATE. NET INTEREST COST TO CI TV FIRST NATIONAL BANK Of PORTLAND, EUGENE BRANCH 1955-56 4-3/4% 1957-61 1-1/2% 1962-64 1-3/4% 1955-56 3-3/4% 1957-59 1-1/2% 1960-61 1-3/4% 1962-64 2 % 100.00 21,50 I .24 I .7989% BLYTH & COMPANY, & EUGENE BRANCH Of U. S. NATIONAL 100.00 23,068.87 I .93007% FOLLOWING AN EXAMINATION Of THE BIDS, IT WAS MOVED BY BOOTH, SECONDED BY SIEGENTHALER THAT THE BONDS BE AWARDED TO THE FIRST NATIONAL BANK Of PORTLAND, EUGENE BRANCH, ON THE BID Of iloo.oo PER $100.00 Or PAR VALUE, AND AT INTEREST RATES Of 4-3/4% fOR 19556-56 MATURlrIES; 1-1/2% fOR 1957-61 MATURITIES; AND 1-3/4% fOR 1962-64 MATURITIES fOR AN AVERAGE INTEREST RATE Or 1.7989 PER CENT, AND THAT THE CERTifiED CHECK SUBMITTED WITH THE OTHER BID BE RETURNED. ROLLCALL VOTE. MOTION CARRIED. .....