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<br />:~~ ~--=~~~~=i-. _. .~~~--~~'-.~~--::~'~. '"" . ~-------~~.~,._-~:~--:~
<br />
<br />I
<br />
<br />ALLEY PAVING,
<br />
<br />WIDTH,
<br />
<br />BIDDER
<br />
<br />3 I /2"AsPHAL TI C
<br />CONCRETE PAVING
<br />
<br />ESTI MATED COST
<br />PER FRONT FOOT
<br />
<br />'C
<br />I.
<br />
<br />BETWEEN BROADWAVAND 10TH AVENUE rROM
<br />LAWRENCE TO WASHINGTON STREETS
<br />T. C. \hLDI SH
<br />CHADEK CONCRETE COMPANY
<br />C. M. KEMP
<br />
<br />$2;349.96 (LOW)
<br />2,673.89 ,
<br />2,718.59
<br />
<br />$'3~90
<br />
<br />IT WAS MOVED 'BY MR: KOPPE, SECONDED By'MR. OWEN, THAT THE BID O~ T. C. ~ILDISH, BEI~G THE
<br />BEST AND LOWE'ST BI D SUBMITTED, BE APPROVED AND TtfAT THE PROPER CI TV O~F'1 C I ALS BE ~UTHORI:ZED TO
<br />ENTER INTO A CONTRACT WITH T. 'C. WILOISH F'OR PAVING THE ALLEY BETWEEN BROADWAY AND 10TH AV~NUE
<br />F'ROM LAWRENCE TO WASHINGTON STREETS IN THE AMOUNT OF' $2;349.96. ROLLCALL VOTE. ALL COUNCILMEN
<br />PRESE'NT VOTING AVE. MESSRS. BOOTH' AND GODLOV'E ABSE,NT. MOTION CARRIED.
<br />, ' ,
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<br />
<br />SANI TARY S'EWE'R
<br />
<br />BEECH STREET F'ROM FRANKLIN BOULEVARD TO 14TH
<br />AVENUE AND 14TH AVENUE FROM AGATE STREET TO
<br />THE ALLEV BETWEEN BEECH AND EMERALD STREETS
<br />JESKE BROTHERS CONSTRUCTIO~ COMPANV
<br />
<br />$ 7,245.10 (LOW)
<br />
<br />I
<br />
<br />:1 T WAS MOVED BY MR. KOPPE, SECONDED BY MR. <NEN, THAT THE BI D SUBMI TTEO F'OR SANI TARY SEWER
<br />IMPR~VEMENT ON BEECH 'STREET F'ROM FRANKLIN'BoULEVARD TO 14TH AVENUE AND 14TH 'AVENUE FROM AGATE
<br />STRE~T TO THE ,ALLEY BETWEEN BE~CH AND EMERALD STREETS BE REJECTED AND T~AT IT BE READVERTISEO
<br />F'OR A FUTURE OPENING. ROLLCALL VOTE. ALL COUNCILMEN PRESENT VOTING AYE. MESSRS. BOOTH AND
<br />GODLOVE A'aS'ENT.' MOTl'ON CARRI ED. -
<br />
<br />STORM SEWER
<br />
<br />, 25TH -AVENUE FROM THE ALLEY BETWEEN ONY.X AND
<br />EMERALD STREETS TO AGATE STREET
<br />JESKE BROTHERS CONSTRUCTION COMPANY
<br />BRUCE W. KEEN
<br />
<br />$ 3,254.00 (LOW)
<br />3,260.00
<br />
<br />. ~)'lT' WAS MOVED BY' MR. KOPPE, SECONDED 6yMR. OWEN, THAT THE 610 OF JESKE BROTHERS CONSTRUC-
<br />TI ON ,C6'~P'A~Y, cBE I NG nlE BEST, 'AND LOWEST BID SUBMI TTEO, BE APPROVED AND THAT THE PROPER C'I TY
<br />OF'FI C I'ALS BE AUTHOR I ZED TO' 'ENTER I NTO "A 'CO'N'TRACT WI TH JESKE BR'OTHERS CONSTRUC'T1 ON COMPAN'Y' FOR
<br />I NSTALLATI ON OF A srrORM SEWER ON 25'TH -'AVENUE FROM THE ALLEY BETWEEN ONYX AND EMERALD STREETS
<br />TO AGATE STREET IN THE AMOUNT OF $3,254.00. ROLLCALL VOTE. ALL COUNCILMEN PRESENT VOTING AYE.
<br />MESSRS'. 'BOOTH AND GODLOVE ABSENT. MOT ION CARR rED. '
<br />
<br />5 THIS BEING THE DATE SET rOR THE AWARD OF BIDS rOR BANC~OFT IMPROVEMENT BONDS, SERtES "L",
<br />THE FOLLOWING BIDS WERE TABULATED AS OPENED ON JUNE '1', 1956 AT 10:00 A.M.
<br />
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<br />
<br />BIDDER
<br />
<br />PuRCHASE PR I CE
<br />PER $100 PAR VALUE
<br />
<br />1 NTEREST RATE
<br />
<br />NET INTEREST
<br />COST To CITY
<br />
<br />EFrECT! VE
<br />1 NTEREST RA TE
<br />
<br />FIRST NATIONAL BANK OF
<br />PORTLAND, EUGENE MAIN
<br />BRANCH .
<br />
<br />$ 100.00
<br />
<br />1957-58 6.00%
<br />1959-61 2 1/2%
<br />.962-66 3.00%
<br />
<br />$ 23,447.61
<br />
<br />3.0499%
<br />
<br />e
<br />
<br />eLYTH AND COMPANY, INC. AND
<br />EUGENE BR~NCH OF' THE U. S~
<br />NATIONAL BANK OF PORTLAND
<br />
<br />$ 100.00
<br />
<br />1957-66 2 3/4% $ 23,9.6.48
<br />PLUS ADDI TI ONAL
<br />I NTERESTON ALL
<br />BONDS TO INTEREST
<br />DATE OF 12-15-57
<br />OF I 3/8%
<br />
<br />3,1109%
<br />
<br />NOTE: BOTH BIDS INDICATE COST Of LEGAL OPINION WILL BE BORNE BY BIDDER. DELIVERY"
<br />COST IS NO FACTOR SINCE BOTH BIDS REQUIRE DELIVERY IN PORTLAND, 'OREGON.
<br />
<br />'IT WAS MOV'ED BY MR. KOPPE, SECONDED BY MR. OWEN, THAT THE BONDS BE AWARDED TO THE nRST
<br />NATIONAL BANK Of PORTLAND, EUGENE MAIN BRANCH, ON THE BID or $100.00 PER $100.00 PAR VALUE,
<br />FOR AN AVERAGE INTEREST RATE OF 3.0499 PER CENT. ROLLCALL VOTE. ALL COUNCILMEN PRESENT VOTING
<br />AYE. MESSRS. BOOTH AND GOOLCivE "ABSENT. MOTION CARRIED. '
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<br />REPORTS OF OFFICERS
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<br />6
<br />
<br />A REPORT FROM THE CITY MANAGER - RE:
<br />AND RE:AI)' AS fO':'L-lOWS: .-
<br />
<br />MONTHLY DEPARTMENTAL REPORTS, ET CETERA WAS SUBMITTED
<br />~
<br />
<br />, "THE VAL'U[' or BUILDING PERMITS ISSUED -aURING THE MONTH or ~AY, 1956 AMOUNTED T-O~.
<br />'$I,~86;~~O.00~ THI~ IS 'A~~~OXIMATELY 'fl~E TIMES GREATER THAN THE VALUE REPORTED TO
<br />THE SAME MONTH A YEAR AGO. 'OF' THIS AMOUNT~ 83 PERMITS AMOUNTING TO $602,200.00' WERE
<br />ISSUED FOR RESIDENCES AND TWO PERMITS FOR PUBLIC BUILDINGS AMOUNTING TO $616,000.00.
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