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10~ e 8/14/62 _._~_.-_._,------,-+_.__._-_..__._-,_.~-- -,- - --- ---. -"-"-~'--'---'------'--'--- ~---- - ---'----- --~ I COUNCIL CHAMBER . EUGENE, OREGON AUGUST 14, 1962 THE MEETING or THE COMMON COUNCIL or THE CITY Of EUGENE, ADJOURNED fROM THE REGULAR MEETING Of AUGUST 13, 1962, WAS CALLED TO ORDER AT 3:30 P.M. IN THE COUNCIL CHAMBER ON AUGUST 14, 1962 BY HIS HONOR MAYOR EDWIN E. CONE WITH THE fOLLOWING COUNCILMEN PRESENT: MESSRS. MOLHOLM, CHATT, MOYER, 00 SWANSON AND DEVERELL. MRS. LAURIS AND MESSRS. WILSON AND CHRISTENSEN WERE ABSENT. ~ ~ I THIS BEING THE DATE SET rOR THE SALE Of GENERAL OBLIGATION BONDS IN THE AMOUNT Of $1,700,000 fOR IT ~ SEWER SYSTEM, SERIES A, AND $1,400,000 fOR CITY HALL, THE fOLLOWING TABULATION Of BIDS WAS PRESENTED .:.0 .::0 AS OPENED AUGUST 14, 1962 AT 10: 00 A. M . : BIDDER PRICE EffECTIVE PER $100 NET INTEREST INTEREST PAR VALUE MATURITY YEARS & I NTEREST RATES COST TO CITY RATE e C.J.DEVINE & CO. AND ASSOCIATES $ 98.17 BONDS DUE 1963-1976 - 3 % $ 969,680.01 2.9790 % 1977-1981 - 3.2 % 1982 - . I % FIRST NATIONAL BANK Of OREGON AND ASSOCIATES 99.80 BONDS DUE 1963-.[973 - 2.75% 974,794.00 2.9947 % I 1974-1979 - 3 % 1980-1982 - 3.2 % HALSEY,STUART & CO., INC. 99.825 BONDS DUE 1963-1973 - 2.75% 979,290.00 3.00857% AND Assoc I ATES 1974-1978 - 3 % 1979-1982 - 3.2 % LEHMAN BROTHERS & ASSOCIATES 98.225 BONDS DUE 1963-1966 - 6 % 982,080.00 3~0171 % 1967-1980 - 3.1 % 1981-1982 - 1.0 % FOSTER & MARSHALL, INC., 98.2671 BOND DUE 1963-1978 - 3 % 984,959.90 3.0259 % AND ASSOCIATES 1979-1981 - 3.2 % 1982 - 1.0 % U.S.NATIONAL BANKOf PORTLAND, 99.8485 BONDS DUE 1963-1972 - 2.75% 987,784.00 3.0346 % OREGON, AND ASSOCIATES 1973-1977 - 3 % 1978-1982 - 3.2 % CITIZENS BANK, EUGENE,OREGON 99.51 BONDS DUE 1963-1973 - 2.75% 989,055.00 3.0385 % AND ASSOCIATES 1974-1978 - 3 % 1979-1982 - 3.2 % SALOMON BROS. & HUTZLER 97.775 BONDS DUE 1963-1966 - 3.25% 992,899.00 3.0503 % I AND ASSOCIATES 1967-1978 - 3.1 % 1979-1981 - 3.25% 1982 - . I % SMITH BARNEY & CO. 98.462 BONDS DUE 1963-1968 - 6 % 993,023.00 3.0507 % AND Assoc I ATES 1969-1980 - 3.2 % 1981-1982 - . I % e FIRST NATIONAL BANK Of CHICAGO & ASSOCIATES 99.771 BONDS DUE 1963-1972 - 2.75% 994,836.50 3.05633% 1973-1976 - 3 % 1977-1982 - 3.2 % F. S. SMITHERS & COMPANY 99.7295 BONDS DUE 1963-1970 - 2.5 % 997,673.00 3.065 % AND Assoc I ATES 1971-1976 - 3 % 1977-1982 - 3.25% CHEMICAL BANK NEW YORK TRUST Co. I 00 . I 38 BONDS DUE 1963-1974 - 2.9 % 997,795.00 3.0654 % 1975-1978 - 3.1 % 1979-1:982 - 3.25% JOHN NUVEEN & COMPANY 98.005 BONDS DUE 1963-1968 - 3.25% 999,052.50 3.0693 % AND ASSOCIATES 1969-1977 - 3.1 % I 1978-1981 - 3.25% 1982 - ..1 % CONTINENTAL ILLINOIS NATIONAL 100.058 BONDS DUE 1963-1971 - 2.75% 1,000,044.50 3.07233% BANK AND TRUST COMPANY Of 1972-1978 - 3.1 % CHICAGO & ASSOCIATES 1979-1982 - 3.25% SCHWABACHER & COMPANY 98.006 BONDS DUE 1963-1976 - 3 % 1,002,664.00 3.0803 % COMMERCE TRUST COMPANY 1977-1981 - 3.2% 1982 - 1.0 % e lV..tItlI