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HomeMy WebLinkAbout05/07/1963I r.LJCJ�:tED 'ETIi`? OF CITY cou,,JCTL Ma;,•- 7, 1963 - 11:15 A. CITY 11.LL Loll Call C. 'er and Cea�n bid oar, tt accrued interest to date of Ce l:. `Ier j, and a ore.nium of :,2; `3.00 for bonds bcarin� interest pa,,'able annually the first year and scmiannually thereafter at the rates o1 : Present: Clay P. Da, ids on ;,Iiss I4ar -aret IdcPdcil 1,D6:. 2' -:;' �J. C1e11 i,�r, trcichel to Absent: ^ H. L. _ra•res, Jr., Donald e;. i ?filler ----------------------------------------------------------------------------------------- 1. This bein , the time and glace fixed for the ooenin of bids for :!;600,000 3`" bond; deli ;natec: sever revenue bonds "Election 1962, Series . the follow- ',-end,- to bids received.. pursuant to the nc.ti ce of sale were publicly opened. ex- 3 amined and read: 197v 1953 to d,te of deliverv, and a nremiu.1 of $3,010.00 for John i.?Jveen and Ce:anar.`r bid par, accrued interes , to date of payable annually the first year and se:ni- annually CO the rates of dcli-lCry, and a preenii!m. of NGFE for '.ponds bcarini; interest pay- . ,. ':1e :'.n: »,all•: tie first ;;ear and se:�iiannnall;r thereafter at the rates c^• 1:l. T!'.J `r l L1 196E to 1969 31 1970 to 1975 3.1C;; 107 �,2,.:,.J 1977 to 1Q7Q' 210 . 3 L �. °l••rthe and Co;npany, Inc. bid- par, accrued interest to ..ate of and a pr•e.n.ium of 1.00 for bonds beari m� interest• oayable annually the .first. rear and se:rniannuall••; therea.. ter at the rate of: C. 'er and Cea�n bid oar, tt accrued interest to date of Ce l:. `Ier j, and a ore.nium of :,2; `3.00 for bonds bcarin� interest pa,,'able annually the first year and scmiannually thereafter at the rates o1 : 1961; to 1,D6:. 2' -:;' �J. 1967 to 1963 2 /L,� 190? to 1C,71 71 3`" 1972 to 1;'7L 3 977 to 197v 1953 to d,te of deliverv, and a nremiu.1 of $3,010.00 for C. 'er and Cea�n bid oar, tt accrued interest to date of Ce l:. `Ier j, and a ore.nium of :,2; `3.00 for bonds bcarin� interest pa,,'able annually the first year and scmiannually thereafter at the rates o1 : R ".T H, S `C_.:.ft5 �: 1Q6L tc 17: 3° 197L to 1976 �1; "> 1977 tc 1973 1 =; 196L to 1970 1971 to 1973 19 �L to 1971_) z °4 1933 ' D. Merrill, Lynch, Pierce, Fenner c.::,mith Cc.mpany bid par, accrued interest to d,te of deliverv, and a nremiu.1 of $3,010.00 for bonds 'ocarin- interest payable annually the first year and se:ni- annually tl,c •eafter at the rates of R ".T H, S `C_.:.ft5 �: 1Q6L tc 17: 3° 197L to 1976 �1; "> 1977 tc 1973 X 1� E. Sc-rlabachcr and. Co:iibanv bid oar.. accrued interest to date of I dcliver-l'. and a pr,7_.�-uiurn of �1.100 for bond-- bearin.- interest r)avable annually the first •ear an--' semiannually there.s_fte,- at the rates cl. 73 1064 to 10 J.. J, 197 to 1976 :.20; 1077 to 1073 3 nt 7, -.0111ton C: Ccm.;-)an-.,r and ?a,-yne , Sieber, Jac!-:son I"z Curtis bid oar, accrucc' interest to date of dcliverv, and a pre. ,i-um_ of .$308 . C:O for bonds, beirir,� interest payablc annually the first year and Scmian.­ually 'hereafter at the rates of: I - u u Each bid -,.as acCc.mnainied b7-, a i�.00d faith check in an a:.-ioum not less than I., j - .PD,000.190. 0,.! . All bids were V'nen referred zo JZicha-c D. .--li-1-1cr Adiui n.is=tr,ntJ_.V-C icer and to ill!r. ja.mes repres:-muin., St.--n-c Lz whLich 4s the Uit.rl, 'Inanc-'al ccnz-ul•an�s fOr C1leC }:1TI;_' end CO:T -:I' tation, a r-)cr.l L - ereon to he J_vc- to 1•---ter in �. ',tis -.ectimr rm -- L.- W j rill, the C. _otJcn Cclmtil.:Inn Se;_-ondeJ by 1 C c u n C4 -1 reCe_­.sed to 12:?0 P. 1. Tile me e ti. n _ r e c c n ven e c: at 12 G P -.-Ii 'U.ri the followin:. ''runuilmen present: hiss .1 . .. .1 .1 "la.7 I Ja=arct .-Ici.;_ 5 jr., P. D---j 'S On AoSer-jt: Donald Q. - 'idler, Clell 1.Tnelchel. The cernai flee a;),)oj_nLeCi to chock and com-,)ute the bids on the bonds fc- which 'Did.-; ••,ere coenerli -revicu3iv durin:-- this meeting reu)orLec� that the - - - bid cf '.-Terrill. L-mc!7 ?fierce, "enner and "�­Ith �z- the �U vielcir­ tI,e lowest net intere,�t cost: or conSideri c . tn - varioiis and t�ic ?"G^ by Counci_lMan Cirn%re;;, seconded by Ccuncili•.-oman 1127 �entitled "QESCL7.7 rl-,,j CTI -C'177"TL :;;600,000 CF PIDS) )e aclocItcd U,ocn the f. 01107-4 I.'f `rote: Dr'. tilereon, ill. was ., _-Tcl,te i.1 that l u nn 'v:/?. 0. LUIS �'AID CITY T THE T'_­:L:jf `Tj,'DE`R C: Councilmen Clay - :11 L. 7ravcs, jr., ..iiss 'mlar.-:--rct .'wITCJI Di, I cimc'L Licn Dor�ld Q. Clell hel .Said R.csciution TIT o. 1122 was declared adc-I,ted. nction of CounclLmn '_-raves, cerond-:.,LJI by Cnimpjl!.TrmMn 1.114:141 t;ne :7,cetin" _!dlcarned. tli:;z, 20"n ciny of 9 :'72. ., 3 ".- - .T. 1 0 u-0 9'� -C .2 t c 1 C? 77 3 I - u u Each bid -,.as acCc.mnainied b7-, a i�.00d faith check in an a:.-ioum not less than I., j - .PD,000.190. 0,.! . All bids were V'nen referred zo JZicha-c D. .--li-1-1cr Adiui n.is=tr,ntJ_.V-C icer and to ill!r. ja.mes repres:-muin., St.--n-c Lz whLich 4s the Uit.rl, 'Inanc-'al ccnz-ul•an�s fOr C1leC }:1TI;_' end CO:T -:I' tation, a r-)cr.l L - ereon to he J_vc- to 1•---ter in �. ',tis -.ectimr rm -- L.- W j rill, the C. _otJcn Cclmtil.:Inn Se;_-ondeJ by 1 C c u n C4 -1 reCe_­.sed to 12:?0 P. 1. Tile me e ti. n _ r e c c n ven e c: at 12 G P -.-Ii 'U.ri the followin:. ''runuilmen present: hiss .1 . .. .1 .1 "la.7 I Ja=arct .-Ici.;_ 5 jr., P. D---j 'S On AoSer-jt: Donald Q. - 'idler, Clell 1.Tnelchel. The cernai flee a;),)oj_nLeCi to chock and com-,)ute the bids on the bonds fc- which 'Did.-; ••,ere coenerli -revicu3iv durin:-- this meeting reu)orLec� that the - - - bid cf '.-Terrill. L-mc!7 ?fierce, "enner and "�­Ith �z- the �U vielcir­ tI,e lowest net intere,�t cost: or conSideri c . tn - varioiis and t�ic ?"G^ by Counci_lMan Cirn%re;;, seconded by Ccuncili•.-oman 1127 �entitled "QESCL7.7 rl-,,j CTI -C'177"TL :;;600,000 CF PIDS) )e aclocItcd U,ocn the f. 01107-4 I.'f `rote: Dr'. tilereon, ill. was ., _-Tcl,te i.1 that l u nn 'v:/?. 0. LUIS �'AID CITY T THE T'_­:L:jf `Tj,'DE`R C: Councilmen Clay - :11 L. 7ravcs, jr., ..iiss 'mlar.-:--rct .'wITCJI Di, I cimc'L Licn Dor�ld Q. Clell hel .Said R.csciution TIT o. 1122 was declared adc-I,ted. nction of CounclLmn '_-raves, cerond-:.,LJI by Cnimpjl!.TrmMn 1.114:141 t;ne :7,cetin" _!dlcarned. tli:;z, 20"n ciny of 9 :'72. ., 3 ".- - .T.