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Blyth Witter and
<br />Carl E Nelson
<br />
<br />CounCil Ch~,~bers, hhgene, Oregon.
<br /> ' November 18, 19~-7.
<br />
<br /> Nlnutes of the adjourned meeting of the Common Council held at 5;00 otclock
<br />P.}L en N~vember 18: 192Y, there being Pre~entNayor A.L. Willt~son a~ all.
<br />members of ~he Counvl~ exoeFt McCully and Reid, who were absent. Neettng called
<br />to order by ~h.~ ~ayor at 5;00 o~cloek P.M. '
<br />
<br /> Aa per the call for the ~ale of $154,637.52 of Improvement Bond Series "A-~"
<br />bids were received as follows;
<br />
<br /> ) Par and accrued inte.~'est with interest
<br /> ~ at,~ per annum ~d a. preml~m of $10~.12 for
<br /> e~n ~100. GO
<br /> ' )) 'furnish a tr~serlpt ~d the purchaser to p~
<br /> } fo~ the legal opinion.
<br />Atklnson, Jones ~d C0. ·
<br />Inc. ) Par ~d accrued interest with interest
<br /> ) at 5~ per ~num,~4 a premium of $1~0.07
<br /> ~ for e~h :~80.00 of bonds purchased, the
<br /> ) city to fugnlsh a tr~serlpt ~d the
<br /> ) purehasen to pay for the legal opinion.
<br />
<br />Lumbermans Trust Co.
<br />' Pierce, 2air and Co.
<br />
<br />P~r m~d accrued interest with interest
<br />at ~-~% per annum with no prom!om, the ,
<br />bidder t~o print the bo~ds and furnish
<br />the legal opinion ~nd the city to furnish
<br />the abstract. ~In consideration of such
<br />services the city to pay the bidder at
<br />the t~e of the delivery of the ~oondS
<br />i~t cash 1% of the total a~u~t of the
<br />issue of such bonds. .'
<br />
<br />Ferrls and Hardgrove
<br />t~ed. !?H;. :Bu~m, Conrad
<br />and Broom, Inc. ~reeman
<br />Smith and C.mnp Co.
<br />
<br /> ) P~r a~d accrued interest with interest
<br /> ) at 5~j~ per annum md a premium of $100.27
<br /> ) for each [~100.0O of bonds .I~ureha.~ed, the
<br /> ) city t0 .furnish a tr~nserfpt and the bidder
<br /> ) to pay for the opinion,
<br /> · )
<br /> ) .
<br /> )
<br /> S~ld bids 'were referred to tBa Finance Com,~lttee for report ~d It recom-
<br />mended the bid ef'Ferris and NarGrove, ~]eo.H. Burr, Conr~ ~d Br~em Inc., end
<br />~reeman Smith a~l C~p Co., be ~cepted ~d offered the following resolution which,
<br />on roll c~ll, was unanimously ~oPted.
<br />
<br /> · R~O LUTION :
<br /> Whereas, the City of Eugene, Oregon, offered f)154,637.52 of Bancroft
<br />Improvement Bonds, Series "A-P" for sale'under competatlve bids, which sale date
<br />w~s ~et for 5;00 otclock P.M. on November 18, 1927,
<br /> ~d Where--, at sudh ttm~ several connotative bf~s Were received among whleh
<br />was the b id ef I~erPls & N~grove, Gee. H. BurP, Contel ~d Broom Inc., ~d
<br />~reem~, Smith and C~ Ce., which.bid w~ the h~ghest,prlee offered .fo~ s~ld
<br />bonds by any ef said bidders.
<br /> BE IT TH~OR~ R~OLV~, That the bid of ~erris and HardgroveGeo. H. Burr,.
<br />Conr~ and Broom Inc. Mreema~ Smkth and C~p Co., at par and accrued interest with
<br />a premiu~$'~lO~.P7 for e~eh.~lOO.O~ of bonds purchased, the e lty to furnish a
<br />
<br />attoraeys ~e accepted and the Ha~oP s.~d~eco"rder ~re dlraeted t: execute ~ueh
<br />bonds on b~half of the city ~d del. lver the ~e to ~ueh successful bldd~,
<br /> .0n mo~lon eounel~ ~.)ourned to meet Movember ~Sth, l~V, ~ 7;S0 o~-elook P,~,
<br />
<br /> ~ee. A, Gilmore,
<br /> . City recorder.
<br />
<br />Ii
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