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<br /> r <br /> (Affected property on petition; assessable costs: Paving, 100r,; <br /> sewers, 100%; City cost, none) e <br /> Res. No. 3245--Auth.orizing paving, sanitary sewer, and storm sewer within <br /> Sunridge One (1714) was read by number and title <br /> Ms. Smith moved, seconded by Mr. Lieuallen to adopt the <br /> resolution. Rell call vote. Metion carried unanimously. <br /> (Affected property on petition; assessable cests: Pavi ng, tetal <br /> frent footage, 391.39 feet, and frent feotage petitioned, 391.39 <br /> feet, 100%; sewers, total square foetage, 54,916 feet, square feetage <br /> petitioned, 54,916 feet, 100%; City costs, none) <br /> Res. No. 3246--Authorizing paving, sanitary sewer, and sterm sewer within <br /> Dean Lewis Plat (1725) was read by number and title <br /> Ms. Smith meved, seconded by Mr. Lieuallen te adept the <br /> reselutien. Roll call vote. Metien carried unanimously. <br /> C. Awarding Censtrwction Warrants--Manager said that the construction <br /> warrants wgre broken down i~te smaller ameunts to attract more <br /> ridders, but that did-net ~appen. Fi~ance Directer said the interest <br /> rate received of 6.85 percent was faverable. He is disappointed in <br /> the number .of bids, but the ratie of deposits versus loans with mest <br /> banks is pretty high and there is quite a demand for money at this <br /> particular time. He added that en Slecks 2 and 3 .only First Natienal e <br /> Bank submitted a bid, and that on Block 1 Oregon Bank also submitted <br /> a bid. <br /> Res. No. 3247--Awarding sale .of Bleck 1 .of Limited General Obligation <br /> Imprevement Warrants te First National Bank at an interest <br /> rate .of 6.85% in the amount .of $1,999,801 was read by <br /> number and title. <br /> Res. No. 3248--Awarding sale .of Block 2 of Limited General Obligation <br /> Improvement Warrants to First National Bank at an interest <br /> rate .of 6.85% in the ameunt of $1,997,919 was read by <br /> number and title. <br /> Res. No. 3249--Awarding sale of Bleck 3 .of Limited General Obligatien <br /> Imprevement Warrants te First National Bank at an interest <br /> rate of 6.85% in the amount .of $3,588,891 was read by <br /> number and title. <br /> Ms. Smith moved, secended by Mr. Lieuallen to adept the <br /> reselutiens. Rell call vete. Motien carried unanimeusly. <br />I II. PUBLIC HEARINGS <br /> A. <br /> Vete: 5:0 <br /> Public hearing was held with no testimeny presented. - <br /> 10/3/79--2 <br /> 55Cf <br />