1915-03-01-1921-04-04.tif - Laserfiche WebLink

Home Browse Search

176 of Ordinances in conflict herewith, and providing penalties for the violation hereof was read and referred to the Judiciary Committee. A petition for the paving of Alder Street from 25th Avenue to Putnam Street and Putnam Street from Alder Street east to the east side of University Avenue was read and referred to the Street Committee. ,'~22 Bids for the purchase of ,300.00 Series "Q" Improvement Bonds were opened and read, and a motion was made that the Council finds and determines that the bid of the M~.bermens Trust Company, which bid is as follows, to-wit: Portland, Oregon July 8, 1916. Nr. R. S. Br¥son, City Recorder, Eugene, Oregon. Dear Sir: For.S22,300 City of Eugene, Oregon, Improvement Bonds, Series Q, to be dated July 1st, 1916, m~turing ten years after date end optional after one year, denomination $~00 each, except one bond for $300, bearing interest at the rate of 6~per a~, both principal and semi-snnual interest payable ~t the office of the City Treasurer, we will pay par, accrued interest to date of delivery of bonds to us in Portland, and in addition thereto ~ premi~tm of ¢863. OV. We attach hereto certified check for St~l~, said check ~o be held by you and applied as part payment for the bonds if awarded to us, otherwise to be returned upon demand. This bid is msde with the Understanding that this issue of bonds is to receive the approVal of our attorneys prior to ous taking up and paying for the same and, in the event our attorneys do not approve the issue, the enclosed check is to be returned to us immediately; you to furnish full certified copy of all proceedings covering the proposed issue of bonds. Respectfully submitted, LU~ERNE~S TRUST CO~{PANY By F. W. Camp, Secretary. is the lowest and best bid for the purchase of said bonds, and thmt the sale of said bonds be awarded to them in accordance with their bid, and that all other bids be rejected and checks returned to unsuccessful bidders. Eotion was seconded and carried.