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<br />COUNCIL CHAMBER
<br />EUGENE, OREGON
<br />JUNE II,. 1963
<br />
<br />A MEETING OF THE COMMON COUNCIL OF THE CITY OF EUGENE, OREGON, ADJOURNED FROM THE
<br />REGULAR MEETING OF JUNE 10, 1963, WAS CALLED TO ORDER BY ACTING COUNCIL PRESIDENT
<br />CATHERINE LAURIS IN THE ABSENCE OF HIS HONOR MAYOR EDWIN E. CONE AND COUNCIL PRESIDENT
<br />JOHN CHATT AT 4:00 P.M. PDt' ON JUNE II, 1963 IN THE COUNCIL CHAMBER WITH THE FOLLOWING
<br />COUNC I LMEN PRE.SENT: 'MESSRS. SWANSON, CHR I STENS'EN" DEVERELL,. CRAKES, AND HAWK.. ABSENT
<br />WERE MAYOR CONE, COUNCILMEN CHATT AND PURDY.
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<br />THIS BEING THE DATE SET FOR THE SALE OF $1,700,000 SEWER IMPROVEMENT BONDS, SERIES
<br />"B", THE FOLLOWING TABULATION OF BIDS OPENED AT 10:00 A.M. PDT ON JUNE II, 1963 WAS PRE-
<br />SENTED:
<br />
<br />BIDDER
<br />F.S.SMITHERS & CO.
<br />AND ASSOCIATES,NEW YORK
<br />
<br />PREM I UM OR
<br />( DISCO UNT )
<br />(23,613.00)
<br />
<br />BONDS DUE 1964-72 - 2.5: %
<br />" '973-77 - 2.75 %
<br />" 1978-83 - 3 %
<br />
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<br />
<br />CHEMICAL BANK, NEW YORK (I I , 0 65 . 50 ) BONDS DUE 1964-69 - 2.5 %
<br />TRUST COMPANY &- Assoc. " 1970-74 - 2 .75 %
<br /> II 1975-83 - 3 %
<br />HALSEy,STUART & COMPANY ( 1,283.50 ) BONDS DUE 1964-74 - 2.75 %
<br />CHICAGO & ASSOCIATES " 1975-80 3 %
<br /> II 1981-83 - 3.125%
<br />FIRST NATIONAL BANK OF ( 5,905.00) BONDS DUE 1964-68 - 2.25 %
<br />CHICAGO & ASSOCIATES " 1969-75 - 2.75 %
<br /> " 1976-83 - 3. I %
<br />SMITH BARNEY & CO. ( 6,324.00) BONDS DUE 1964-75 - 2.75 %
<br />AND ASSOCIATES NEW YORK " 1976- 80 - 3 %
<br /> II 1981-83 - 3. I %
<br />U.S.NATI ONAL BANK OF ( 1,683.00) BONDS DUE 1964-75 - 2.75 %
<br />PORTLAND ORE. & Assoc. " 1976- 80 - 3 %
<br /> " 198:(-83 - 3.2 %
<br />
<br /> FIRST NATIONAL BANK ( 1,700.00 ) BONDS DUE 1964-70 - 2.5 %
<br /> OF OREGON " 197:(-79 - 3 %
<br />I " 1980-83 - 3. I %
<br />CONTINENTAL ILLINOIS ;'..,T( 1,581.00) BONDS DUE 1964-74 - 2.8 %
<br /> NATIONAL BANK & TRUST " 1975-79 - 3 %
<br /> CO. & ASSOCIATES II 1980-83 - 3. I %
<br />
<br />. NET INTEREST
<br />COST TO CITY
<br />$527,238.00
<br />
<br />EFFECTIVE
<br />INTEREST
<br />RATE
<br />2.9537 %
<br />
<br />528,078.00
<br />
<br />2.9584 %
<br />
<br />528,814.75
<br />I '
<br />
<br />2.9625 %
<br />
<br />529,675.00
<br />
<br />2.9674 %
<br />
<br />530,094.00
<br />
<br />2 .9697 %
<br />
<br />530,298.00
<br />
<br />2.9708 %
<br />
<br />531,590.00
<br />
<br />2.9781 %
<br />
<br />532, 15 I .00
<br />
<br />2.98123%
<br />
<br /> COMMERCE TRUST CO~, 1,062.50) BONDS DUE 1964-75 - 2.8 % 534,097.50 2.9921 %
<br /> & ASSOCIATES, KANSAS " 1976-83 - 3. I %
<br />e CITY, Mo., " 1983 - 3.2 %
<br /> SALOMON BROTHERS & HUTZLER BONDS DUE 1964-75 - 2.8 % 535,585.00 3.0004 %
<br /> NEW YORK & ASSOCIATES ( 7,055.00) II 1976-79 - 3 %
<br /> " 1980-83 - 3. I %
<br /> JOHN NUVEEN & COMPANY ( 2,405.50) BONDS DUE 1964-74 - 2.75 % 536,460.50 3.0054 %
<br /> SEATTLE-FIRST NATIONAL " 1975-79 - 3 %
<br /> BANK AND ASSOCIATES " 1980-83 - 3.2 %
<br /> FOSTER & MARSHALL, INC. ( 9,310.90) BONDS DUE 1964-74 - 2.75 % 537,075.90 3.0088 %
<br /> AND ASSOCIATES " 1975-79 - 3 %
<br /> II 1980-83 - 3. I %
<br /> THE BANK OF CALIFORNIA n BONDS DUE 1964-73 - 2.75 % 541,027.50 3.031 %
<br /> AND Assoc 1 ATES 7,525.00) " 1974-80 - 3 %
<br />I " 1981 - 83 - 3.2 %
<br />LEHMAN BROTHERS, NEW ( 10,200.00) BONDS DUE 1964-75 - 2.75 % 543,660.00 3.0457 %
<br /> YORK AND ASSOCIATES " 1976-81 - 3. I %
<br /> " 1982-83 - 3.2 %
<br /> 6/11/63- I
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