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<br />THIS BEING THE DATE SET FOR THE AWARD OF $127,251.59 BANCROFT GENERAL OBLIGATION IMPROVEMENT
<br />BONO, SERIES "0", THE FOLLOWING BIOS WERE TABULATED AS OPENED ON MAY II, 1959 AT 10:00 AM:
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<br />PURCHASE
<br />PRICE PER
<br />$100 PAR
<br />- V A L UE
<br />$ '00.00
<br />
<br />INTEREST RATE
<br />BONDS DUE 1960-61 - ~
<br />BONDS DUE 1962-67 - 3-1/4%
<br />BONDS DUE 1968-69 3-1/2%
<br />
<br />NET INTEREST
<br />COST TO CITY
<br />$ 24,762.60
<br />
<br />BIDDER
<br />fOSTER & MARSHALL AND
<br />CITIZENS BANK OF EUGENE
<br />
<br />BONDS DUE 1960-61 - 6%
<br />BONDS DUE '962-64 - 4%
<br />BONDS DUE 1965-69 - 3-1/4%
<br />BoNDS DUE 1960-61 -~
<br />BONDS DUE 1962~65 - 3-'/4%
<br />BONDS DUE '966-69 - 3-1/2%
<br />
<br />EUGENE MAIN BRANCH
<br />THE fiRST NATIONAL BANK or OREGON
<br />
<br />100.06
<br />
<br />25,238.74
<br />
<br />25,250.10
<br />
<br />BLYTH & COMPANY, INC., AND
<br />EUGENE BRANCH OF THE UNI.TED STATES
<br />NATIONAL BANK OF PORTLAND (ORE.)
<br />
<br />100.00
<br />
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<br />EFFECT I VE I:
<br />INTEREST
<br />RATE
<br />'3.4766%
<br />
<br />3.5435%
<br />
<br />3,5451%
<br />
<br />IT WAS MOVED BY MR. SHEARER SECONDED BY MR. WILSON THAT THE BONDS BE AWARDED TO fOSTER & MARSHALL
<br />AND CITIZENS BANK OF EUGENE ON THE BID OF $100.00 PER $100.00 PAR VALUE FOR AN AVERAGE INTEREST RATE
<br />OF 3.4766%. ROLLCALL VOTE. ALL COUNCI ~MEN PRESENT VOTING AYE, MOTION CARRIED.
<br />
<br />REPORTS Of OffiCERS
<br />
<br />A REPORT FROM THE CITY MANAGER - RE: MONTHLY DEPARTMENTAL REPORTS, ETC., WAS SUBMITTED AND READ
<br />AS FOLLOWS:
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<br />"THE BUILDING DEPARTMENT REPORTS THAT THE VALUE OF BUILDING PERMITS ISSUED DUR-
<br />ING THE MONTH OF APRIL AMOUNTED TO $729,750.00 WHICH IS $122,650.00 LESS THAN ISSUED
<br />THE SAME MONTH A YEAR AGO. lAST YEAR IN APRIL PERMITS WERE ISSUED FOR 28 NEW RESI-
<br />- .
<br />D~NCES AMOUNTING TO $286,000.00j THIS YEAR IN APRIL 61 PERMITS WERE ISSUED FOR NEW
<br />RESIDENCES FOR $589,370.00 WHICH IS OVER TWICE THE AMOUNT OF A YEAR AGO. lAst YEAR
<br />THE BIG ITEM DURING APRIL WAS FOR THE CITY'S NEW liBRARY WHICH AMOUNTED TO $390,000.00.
<br />
<br />ACCORDING TO THE POLICE DEPARTMENT REPORT, A COpy OF WHICH IS ON EACH OF YOUR
<br />DESKS, THE CITY EXPERIENCED A DECREASE IN THE GENERAL CRIMINAL AND JUVENILE ACTIVI-
<br />TIES AND FEWER ACCIDENTS WERE INVESTIGATED. ALSO YOU WILL NOTE THAT THE SEMI-ANNUAL
<br />REGIONAL POLICE TRAINING SCHOOL WAS COMPLETED EARLY IN APRIL, AND THE ATTENDANCE AT-
<br />THESE SESSIONS SET AN ALL TIME HIGH RECORD. THE LAST CLASS, ON ARSON PROCEDURES,
<br />WAS CONDUCTED BY EUGENE fiRE CHIEF E. l. SMITH AND LT. JACK BEARRS OF THE STATE
<br />POLICE. THIS CLASS ATTRACTED 125 STUDENTS WHICH WAS THE HIGHEST ATTENDANCE OF THE
<br />ENTIRE SCHEDULE.
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<br />IN ADDITION TO THE REGIONAL SCHOOLS, THE PORTLAND OFFICE OF THE fBI SPONSORED
<br />A CONFERENCE ON ORGANIZED CRIME, AND THE lANE COUNTY SHERIFF'S OFFICE SPONSORE~ A
<br />MONTHL Y BURGLARY CONFERENCE. BOTH WERE WELL ATTENDED BY OUR PERSONNEL AS WEL.L AS
<br />REPRESENTATIVES OF SEVERAL OTHER AREA LAW ENFORCEMENT AGENCIES.
<br />
<br />THE SUPERINTENDENT OF PARKS & RECREATION REPORTS ~HAT THE ATTENDANCE AT THE -
<br />PARKS AND RECREATION AND CENTERS INCREASED BY 11,532 OVER THE ATTENDANCE IN MARCH,
<br />MAKING A TOTAL OF 23,231 FOR THE MONTH OF APRIL ,1959. DURING APRIL THE PARKS DE-
<br />PARTMENT ADDED EIGHT PART TIME EMPLOYEES TO ASSIST IN THE SPRING WORK AND CLEAN UP
<br />OF ALL PARK AREAS FOR SUMMER USE.
<br />
<br />r THE EUGENE RHODODENDRON SOCIETY HELD ITS ANNUAL RHODODENDRON SHOW ON MAY 3.
<br />THIS SHOW WAS VERY SUCCESSFUL, AND IT IS ESTIMATED THAT SOME 8000 PEOPLE ATTENDED
<br />WHICH IS AN INCREASE OVER THE ESTIMATED A-TTENDANCE LAST YEAR."
<br />
<br />IT WAS MOVED BY MR. SHEARER SECONDED BY MRS. lAURIS THAT THE CITY MANAGER'S REPORT BE RECEIVED
<br />AND PLACED ON FILE. MOTION CARRIED.
<br />
<br />IT WAS MOVED BY MR. MOLHOLM SECONDED BY MRS. lAURIS THAT THE COUNCIL GO ON RECORD AS COMPLIMENT-
<br />ING THOSE SPONSORING THE RHODODENDRON SHOW AND THAT A LETTER TO THAT EF,ECT BE SENT TO THE SPONSORS.
<br />MOTION CARRIED.
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<br />REPORTS Of COMMITTEES
<br />
<br />A REPORT OF THE COMMITTEE MEETING HELD MAY I, 1959 WAS SUBMITTED AND READ AS ,OLLOWS:
<br />
<br />"PRES~NT: MAYOR CONEj COUNCILMEN SHEARER, lAURIS, liNDEEN, MOLHOLM, CHATT, MOYER AND
<br />WILSON; CIT.Y MANAGERj CITY RECORDER; DIRECTOR OF PUBLIC WORKSj ADMINISTRA-
<br />TIVE ASSISTANTj DAN WYANT, EUGENE REGISTER-GUARO; fRED BRENNE, EUGENE CHAMBER
<br />OF COMMERCE.
<br />
<br />.,
<br />I. REQUEST FROM BISHOP MILES C. ROMNEY, CHURCH OF JESUS CHRIST OF'lATTER DAY SAINTS,
<br />REGARDING FLAG SERVICE BY CHURCH GROUP TO DISPLAY AMERICAN FLAG FOR LOCAL MERCHANTS
<br />ON HOLIDAYS - A LETTER FROM BISHOP ROMNEY INDICATING HIS CHURCH GROUP WISHES TO
<br />PROVIDE A ,LAG SERVICE FOR LOCAL MERCHANTS FOR THE DISPLAY 0, THE AMERICAN ,LAG..
<br />ON TEN HOLIDAYS FOR A rEE TO BE CHARGED TO THE MERCHANTS WITH SUCH rLAGS TO BE
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