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OOTOB~ 27, lglk. .... _~ou~neil C~am~.ers, ~ene, Oregon, October 27, 191k. Ce. until met a% 3 o'clock pursuant to adjournment of October 26th, ~nd was ~ called to order by M~Vor Yoran. Present Councilmen Parks, ~cMurphey, Bogue, ....... ~ Bell and Beytien; absent Johnson, Devereaux and Goodpasture. The Finance C~ittee reported that they had considered, the bids for the purchase of $2~,000 ~mor¥ Bonds, ~nd Cotmcilman Bell moved that the Council now finds and determines.that the bid of James N. Wright & Co. of Denver, which bid is as follows: E~gene, Oregon. October L~, 191k. Hon. Mayor and Common Council, Oity of Eugene, Oregon. ~entlemen: ¥o~ the proposed issue of $~25,000 Oity of Eugene, O~egon, A~mor¥ Bonds, which you offer for smle on October 26th, 191k, said bonds to be dated November 1st, 191~,due November 1st, 192~ without option of prior redemption, bearing interest at the rate of 6% per annttm, payable ~nnually, both principal and interest to be m~ade Dayable at the Fiscal Agency of the State of Oregon in the City of New York, bonds to be in denominations of $500 or $1000 each at our ! option, we will pa¥¥ou par, accrued interest to date of delivery and a premium of $1~6 and will also furnish blank bonds at our expense. Prior .t_p__t~he delivgr¥ of t~e bonds t9 us, we are to be f_unnished with complete eertified, transoriDt of all proqeedings had and taken in the issuance of the bonds, evidencing their legality to the satisfaction of our attorneys. We enclose o. ur.certified check for $500 which is to be held by you as an evidence of the good faith of this proposal and is to be returned to us promptly in case our attorneys refuse to_~pprove the legality of the issue. These bonds are to be a g~neral obligation of the entire Olty of Eugene payable out-of taxes le~ed against all of the taxable property'located within the corporate_limits. we a~rmee t9 pay for the bonds as soon as they can be delivered and you a~ee to~.deliver tha legally issued bonds to us in Denver free of exchange of collectio~ charges as above provided. Respectfully submitted, JANES N. WRIGHT & CO. By Ohas. T. Sldlo.