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<br />2/27/62
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<br />COUNCIL CHAMBER
<br />EUGENE, OREGON
<br />FEBRUARY 27, 1962
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<br />AN ADJOURNED MEETING OF THE COMMON COUNCIL OF THE CITY OF EUGENE, ADJOURNED fROM THE MEETING Of
<br />FEBRUARY 26, 1962 AND CALLED TO ORDER BY COUNCILMAN JOHN CHATT IN THE ABSENCE OF MAYOR CONE AND COUNCIL
<br />PREStD~NT2t'UR'S1 WAS HELD IN THE COUNCIL C~AMBER ON FEBRUARY 27, 1962 AT 4:00 PM WITH THE FOLLOWING
<br />COUNCILMEN PRESENT: MESSRS. CHATT, MOYER, SWANSON, CHRISTENSEN AND DEVERELL. ALSO ABSENT WERE COUNCIL-
<br />MEN MOLHOLM AND WILSON.
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<br />THE FOLLOWING TABULATION OF BIDS AS OPENED AT 11:00 AM ON FEBRUARY 27, 1962 WAS PRESENTED FOR $1,850,000
<br />BONDS FOR EXPANSION OF EUGENE WATER & ELECTRIC BOARD WATER SYSTEM:
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<br /> TOTAL EFFECTIVE e
<br /> , r:;t INTEREST INTEREST
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<br /> BIDDER I NTEREST RATE COST RATE
<br /> FOSTER & MARSHALL, INC., & Assoc. BONDS DUE 1965-73 - 2.75 % $
<br /> PRICE BID - $1,826,283.00 " 1974-81 - 3.0
<br /> " 1982-86 - 3.2 $ 870,-;79.50 3.12387%
<br /> FIRST NATL BANK OF OREGON & Assoc. " 1965-74 2.75 % 872,353.90 3. 1295 I
<br /> PRICE BID -$1,836,458.60 " 1975-79 - 3.0
<br /> " 1980-86 - 3.25
<br /> C. J. DE V I NE & CO., & Assoc. " 1965-76 - 3.0 %
<br /> PRICE BID - $1,842,4/3.15 " 1977-79 - 3. I
<br /> " 1980-86 - 3.2 878,036.85 3. 1499
<br /> FIRST NATL BANK OF CHICAGO & Assoc. " 1965-78 - 3.0 %
<br /> PRICE BID - $1,843,245.00 " 1979-82 - 3.2
<br />" " 1983-86 - 3.25 880,305.00 3.158
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<br /> SCHWABACHER & Co., SAN .FRANC I SCO " 1965-73 - 2.75 %
<br /> PRICE BID - $1,835,160.00 " 1974-78 - 3.0
<br /> " 1979-86 - 3.25 880,902.50 3. I 60 1 8
<br /> CONTINENTAL ILL.NATL BANK & TRUST " 1965-78 - 3.0 %
<br /> CO. , CHICAGO, & Assoc. " 1979-82 - 3.2
<br /> PRICE BID - $1,839,597.45 " 1983-86 - 3.25 883,952.55 3.17113
<br /> COMMERCE TRUST CO. & Assoc., KANSAS CITY " 1965-72 3.25 %
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<br /> PRICE BID - $ I ,850,35 1 .50 " 1973-81 - 3. I
<br /> " 1982-86 3.25 885,336.00 3.17609
<br /> HALSEY, STUART & CO. , I NC., & Assoc. " 1965-71 - 2.7 % I
<br /> CHICAGO, ILL. " 1972-75 - 2.9
<br /> PRICE BID - $1~834,881.80 " 1976":'86 - 3.25 89 I ,983.20 3./996
<br /> EUGENE BRANiCH, U.S.NATL BANK OF PORTLAND (ORE) " 1965-78 - 3.0 %
<br /> & Assoc. " 1979-84 - 3.25
<br /> PRICE BID $1,840,028.50 " 1985-86 - 3.375 893,096.50 3.2039
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<br /> JOHN NUVEEN & CO. , & Assoc., CHICAGO " 1965-71 2.75 % e
<br /> PRICE BID - $1,827,977.60 " 1972-78 - 3.0
<br /> " 1979-86 - 3.25 893,334.90 3.2048
<br /> BANK OF CALIF. N.A. & Assoc., PORTLAND " 1965-72 - 3.25 %
<br /> PRICE BID - $,1,838~250.00 " 1973-77 - 3.0
<br /> " 1978-80 - 3. 125
<br /> " 198i-86 - 3.25 895,662.50 3.211
<br /> SOLOMON BROS. & HUTZLER & Assoc.,N.Y. " 1965-77 - 3.0 %
<br /> PRICE BID - $1,836,124.00 ' " 1978-82 - 3.2
<br /> " 1983-86 .- 3:3 895,126.00 3.2112
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<br /> F. S. SMITHERS & CO. , & Assoc., Y. 1965-69 - 3.0 % Ii
<br /> PRICE BID - $1,814,004.55 " 1970-74 - 2.75 ~ I
<br /> " ,1975-79 - 3.0 Ii
<br /> " 1980-86 - 3.25 897,495.45 3.2197 ,I I
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<br /> SEATTLE FIRST NATL BANK & ASSOC.,SEATTLE,WN. " 1965-77 - 3.0 % II
<br /> PRICE BID - $1,838,637.50 " 1978-83 - 3.25
<br /> " 1984-86 - 3.375 901,237.50 3.2331
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