03/27/1961 Meeting - Laserfiche WebLink

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e ""IIIIl 193 3/27/61 I AREA BOUNDED ON EAST BY CITY LIMITS, ON SOUTH BY LORANE HIGHWAY, ON WEST BY OAK TERRACE ADDN, ON NORTH BY MOST NORTHERLY PORTION OF WHITBECK BOULEVARD INTER-CITY (Low) TRIO .CONSTRUCTION Ross PRUETT W,LDISH $ 7,370.30 7,607.00 I 1,105,60 12,934.00 AREA BETWEEN FILLMORE AND CHAMBERS FROM NORTH BOUNDARY OF SUN RAY RIDGE TO McLEAN BLVD tRIO CONSTRUCTION (Low) M. J. BUTTS I NTER-C I TY WILDISH Ross PRUETT 3,736.50 4,396.50 5,369 . 10 6,147.00 6,470.00 e PART I - AREA BETWEEN FAI RMOUNT BLVD AND SKYL I NE BeWVE AND BETWEEN VICTORIA HEIGHTS AND HENDRICKS PARK - ROSE LANE FROM FAIRMOUNT BLVD.TO EAST END ROSE LANE WILDISH (Low) Ross PRUETT ROY R. SIZEMORE (INCOMPLETE BID) 3,087.50 4,794.80 I PART I I - AREA BETWEEN FAIRMOUNT BLVD AND SKYLINE DRIVE AND BETWEEN VICTORIA HEIGHTS AND HENDRICKS PARK - FROM EAST END ROSE LANE TO EAST WILDISH (Low) Ross PRUETT 18,187.50 25,230.50 ~ 0: C\1 ~ 0: 0: PREVIOUS BIDS ON ITEMS Nos. 5 AND 6 JULY 21, 1960 AUGUST 3, 1960 SEPTEMBER 7, 1960 PART I PART I J 22,743.50 22,288.95 4,549.00 18,612.50 PARKSIDE TERRACE SUBDIVISION M. J. BUTTS Ross PRUETT WILDISH (-Low) 3,26 I .00 4,858.40 4,915.00 PREVIOUS BIDS ON ITEM NO.7 ABRAHMS CONSTRUCTION C. H. STRONG 5,824.00 8,570.00 )1 ;1 II ': I $ 5.92 $ 452. 10 $ 2,000.00 5.64 7.55 Ir.lr.. 24 10.88 10.57 I I. I I I 1.50 6.69 11.94 I IT WAS MOVED BY MRS. LAURIS SECONDED BY MR. MOLHOLM THAT THE CONTRACTS BE AWARDED TO THE LOW BIDDER ON EACH IMPROVEMENT PROJECT. ROLLCALL VOTE. ALL COUNCILMEN PRESENT VOTING AYE, MOTION CARRIED. THIS BEING THE DATE SET FOR THE AWARD OF BIDS ON GENERAL OBLIGATION. BONDS IN THE AMOUNT OF $100,000 I FOR THE COMPLETION OF THE SEWAGE TRE~TMENT PLANT ADDITION, THE FOLLOWING BIDS WERE TABULATED AS OPENED MARCH 27, 1961KAT 10:00 AM: e PURCHASE PRICE PER $100 PAR VALUE NET INTEREST COST TO CITY EFFECTIVE INTEREST RATE BIDDER INTEREST RATE BONDS DUE: THE FIRST NATIONAL BANK OF OREGON EUGENE MAIN BRANCH $ 99.65 1962-64 - 2-1/4% 1965-67 - 2-1/2% 1968-71 - 3% $ 15,650.00 2.845 % BLYTH !AND COMPANY, INC., AND EUGENE BRANCH OF THE U. S. NATIONAL BANK OF PORTLAND, OREGON 1962-64 - 2-1/4% 1965-67 - 2-1/2% 1968;;;69 - 2t3/4% 1970-71 - 3% $ 99.05 15,875.00 2.886 % IT WAS MOVED BY MRS. LAURIS SECONDED BY MR. MOLHOLM THAT THE BIDS BE AWARDED TO THE FIRST NATIONAL BANK OF OREGON, EUGENE MAIN BRANCH, ON THE BiD OF $99.65 PER $100 PAR VALUE FOR AN AVERAGE .INTERST RATE OF 2.845%. ROLLCALL VOTE. ALL COUNCILMEN PRESENT VOTING AYE, MOTION CARRIED. I THE CITY MANAGER READ A LETTER FROM T~E LEGISLATIVE COMMITTEE OF THE LEAGUE OF OREGON CITIES ASKING: THE CITY'S HELP IN URGING THE PASSAGE OF HB 1295 REGARDING INCREASING OF CITIES' SHARE OF NET LIQUOR PROFITS FROM 10% TO 15%. 2 IT WAS MOVED BY MRS. LAURIS SECONDED BY MR. MOLHOLM THAT THE COUNCIL MEMBERS IND'V'DU~LLY COM- MUNICATE WITH EACH LANE COUNTY LEGISLATOR URGING PASSAGE OF HB 1295. MOTION-CARRIED. e ~