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TEN COM -- .ants in common <br />TEN ENT -- as tenants by the entireties <br />JT TEN -- as joint tenants with right of survivorship <br />and not as tenants in common <br />ORE©DN CUSTODIANS use the following <br />as custodian under the laws <br />CUST UL oREG <br />of Oregon far <br />MIN <br />--~--Minors Name <br />Additional abbreviations may also be used though not in the <br />list above. <br />Section 5. Sale. The Finance Officer shall cause to be published <br />a notice of sale, the manner provided by oRS 287.014 to 287,026, in at <br />least one fly issue of the Eugene Register (~iard, a newspaper of general <br />circulation, printed and published within the City of Eugene, Lane County, <br />oregon and a summary thereof, once in the Daily Journal of Co~nerce, a <br />newspaper of general circulation, printed and published within the City <br />of Portland, Multnomah County, oregon, which notice shall call for sealed, <br />written bids for the purchase of said bands to be presented and filed with <br />the Deputy Finance officer at his office in the City Hall of the City on or <br />prior to the hour of 11:00 a.m. , Pacific Time, on the 13th day of March 1985, <br />at which time and place said bids shall be publicly opened for consideration <br />and further that the Council of the City of Eugene will meet at the hour of <br />12:00 Noon, Pacific Time, on the 13th day of March, 1985, in the Council <br />Chamber in the City Hall of the City to consider the bids so opened and to <br />accept or reject any bid so made. The notice of sale shall further state that <br />the bands will be sold to the bidder offering the lowest true interest cost <br />to the City for not less than one hundred percent (100} of par with <br />accrued interest, and that each bid shall be accompanied by a certified or <br />cashier's check on a solvent commercial bank in the State of oregon in an <br />amount equal to two percent ~2~~ of the par value of the bonds offered for <br />sale as evidence of good faith on the part of the bidder. <br />Section 6. Re al, ordinance Na. 19305 adopted by the Council and <br />approved by the Mayor on January 23, 1985, is hereby repealed. <br />Section 7. Emer enc . This ordinance being necessary for the <br />immediate preservation of the public peace, health and safety of the City of <br />Eugene, in order to obtain sufficient funds to pay for public improvements, <br />an emergency is hereby declared to exist and this ordinance shall be in full <br />force and effect immediately upon its passage by the Council and approval <br />by the Mayor , <br />Passed by the City Council this <br />13th day of February, 1985 <br />~~,~, Recor er <br />Approved by the Mayor this <br />13th d f F rua y, 1985 <br />c <br />Mayo <br />Page 6 -- ordinance <br />