Loading...
HomeMy WebLinkAbout1956-07-09city council minutesThe Mayor informed the Council the meeting was called to receive bids for the construction of curb and gutter, road oiling in Local Improvement District Number 40. The following bids were opened and reads J. 0. Young,& Sons 13,281.11 - David Dorsey 311,MOO Don Stewart 14,11+7.53 The City Engineer recommended to the 4Jayor and Council the Bid of J. 0. Young & Sons be accepted. RESOLUTION kly C ouncilman Bettis. Moved by - Burrell seconded by Councilman Shorb that. the following R be adopted: WHEREAS, J. 0. Young & Sons of Nampa, Idaho, has presented a bid in the amount of $13,281.14 for the construction of curb and gutter and pavement in Local Improvement District # 40, and WHEREAS, it appears to the best interest of the City of Caldwell, to accept this bid. NOW THEREFORE BE IT RESOLVED that the Mayor and City Clerk, on behalf of the City of Caldwell be '.authorized to execute a contract with J. 0. Young & Sons for curb and gutter and pavement in Loci Improve— ment District No. 40. Upon Roll Call those voting in the affirmative were: Burrell, Eldredge, Shorb and Bettis. Negative: None. Absent and not voting- Blomquist and Cleveland. Thereupon the Mayor declar =_d the motion carried and the Resolution adopted. The following letter was read? July 5, 1956. Honorable Mayor and City 6 cuncil Caldwell, Idaho New Caldwell High School Gentlemen? In the past several days there has been considerable static and discourse regarding the mailable protection in the area of this new construction. For your information and guidance, please be a&tised that this hign school property has in no way been penalized for any lack of sufficient water supplies in the vicinity. I am informed that now water mains have been installed in this area and that the anticipated fire flow is in the vicinity of 1,000 gpm. It is con— sidered that this flow of water, under normal circumstances, would be very adequate so far as fire protection is concerned. 7 truly yours, 7Olenn I. DAvis Assistant Manager This letter was ordered filed. There being no further business to come before the Council it was moved by Councilman Bettis, seconded by Councilman Shorb that Council adjourn. Motion carried. ��_ /% Mayor. � /, City Clark. COUNCIL CHAMBERS JULY 9th, 1956 8: 00 P. M. The Council met pursuant to call and acknowledgment of notice in the following form CALL..&ND ACRN07MFDGMENT OF NOTICE We, the undersigned Mayor and Members of the City Council of the City of Caldwell, Idaho do each hereby acknowledge 'notice of a special meeting of said City Council to be held at the Council Chambers in the City Hall in the City of Caldwell, Idaho at the hour of 8 -00 o'clock P. M. on the 9th day of July, 1956, for the transaction of all business in connection with the following object: Receiving of bids for the purchase of $750,000.00 Sewer and Water Revenue Bonds of said City of Caldwell, Idaho, which object was submitted to each of the undersigned in writing. {4ITNESS our signatures this 9th day of July, 1956. Mayor Jason C. Smith presiding. J J J 4k� Upon Roll Call the following Councilmen answered presents L. E. Burrell, George Cleveland, Emile Shorb, L. P. Eldredge and J. M. Bettis. Absent: Fran Blomquist, The Mayor informed the Council this was the time set by notice for receiving and opening of bids for the sale of 0750,000.00 Sewer and Water Revenue Bonds of the City of Caldwell. The bids were opened and found to be as follows: Name of Bidder Interest Rate Premium Foster & Marshall, Seattle Stern Brothers & Go., Kansas City Lucas, Eisen & Waeckerle, Inc., Kansas City Garrett -Bromfield & Co,m Denver Coughlin & Company, Denver Richards, Merrill & Peterson, Inc, Spokane l Bonds maturing in the years 1959 to 1961 incl. 3 Bonds maturing in the years 7.962 to 1967 Incl. 3% Bonds maturing in the years 1968 to 1981 incl. $149.00 John Nuveen & Co., Chicago McLean & Company Chas N. Tripp Company William Blair & Co Kalman & 6 ompany Bonds maturing in the yea- 1959 to 1964 incl. 4% Bonds maturing in the years 1965 to 1966 Incl. 34% Bonds maturing in the years 1967 to 1981 incl. 3 3/8% Blythe & C Inc., Portland Edward L. Burton & 0o. William Blair & Co. Kalman & C ompany Bonds maturing in the years 1959 to 1962 incl. 3 5/8% Bonds maturing in the years 1963 to 1966 incl. 3 112w Bands maturing in the years 1977 to 1981 incl. 3 115% 3 24.00 None It rwasdatermined the bid of Foster & Marshall of Seattle, Washington and associates was the best bid received. Thereupon it was moved by Councilman Eldredge seconded by Councilman Cleveland the following I REsolution be adopted: RESDLU'TI ON BY COUNCILMAN ELDREDGE A RESOLUTION CONFIRMING THE SALE AND FIXING THE INTMR T PATFS FOR $750,000.00 SEWER AND WATER REVENUE 30NDS OF THE CITY OF CALDWELL, CANYON COUNTY, IDAHO. VdHEREAS sealed bids for the purchase of $750,000.00 Sewer and Water Revenue Bonds of the City of Caldwell, Idaho, have been received, and it has been determined that the bid of FOSTER & MARSHALL of Seattle, Washington and associates, is the highest and best received, which bid is in full as follows: i "FOSTER & MARSHALL Municipal and Corporation Bonds 820 Second Avenue Seattle 4, 'Nash, July 9, 1956 I City Council City of Cald, ell City Hall Caldwell, Idaho Gentlemen: Re: X6750,000.00 CITY Of CALDWELL, IIAiIO, VfATER AND SEWER REVENUE BONDS For $750,000.00 par value, legally issued Water and Sewer Revenue Bonds of the City of Caldwell, Idaho, more fully described in the Notice of 5 le which is attached hereto and made a part o_' the bid, vre hill pay 0100.00 for each $100.00 par value of ( - L- L plus a total premium of $149.00, for bonds with coupon rates and maturities as shown below: #25,000 1959 ) $35,000 1971 ) 25,000 1960 ) 3, 35,000 1972 ) 25,000 1961 ) 35,000 1973 ) 25,000 19b2 ) 35,000 1974 ) — 25,000 196 ) 35,000 1975 ) 25,00D 190' ) 40,000 1976 ) 31% 30,000 1965 ) 3% 40,000 1977 ) 30,000 1966 ) 40,000 1978 ) 30,000 1967 ) 40,000 1979 ) 30,000 13 40,000 1980 ) 30,000 1969 ) 34% 45,000 1981 ) 30,000 1970 In addition to the above, we will pay acrued inter: -et from date of I CI issue to date of delivery of the bonds to us. This bid is being mibmitted for immediate acceptance and .would our bid be accepted, the bonds are to be delivered to us within 45 days from this date. Should delivery be delayed beyond that date, we reserve the right to ex- tend the delivery date or request the return of our good faith check. The above bid is made subject to the approving opinion of Messers. 'I Chapman and Cutler, Attorneys, of Chicago, Illinois. li As evidence of our good faith in submitting this bid, and in accordance with the attached Notice of Sale, we enclose herewith certified check, payable � ' to the City of Caldwell, Idaho, in the amount of $37,750.00 which check is to be ! retained by you and applied against the purchase price of the bonds, should we �I be the successful bidders therefor. If not, our cheek is to be promptly returned to us. Re.�pectfully submitted, STERN BRO'T'HERS & CO., KANSAS CITY FOSTER & MARSHALL, SEATTLE LUCAS, ZCSEN & WAECKERLE, INC., GARRETT= 3RO11FIELD & CO., DETIVER COUGHLIN & COMPANY, DENVER RICHARDS, N,=Ft1LL & PETERSON, INC., SPOKANE BY - Foster & Varsball NOW, THEREFORE'. Be It Resolved by the Mayor and City Council, as follows: i t Section 1. That 0750,000 Sewer and Mater Revenue Bonds of the City of Caldwell, Idaho, authorized by an election duly called and held in said City on April 26, 1955, are hereby awarded to Foster & Marshall of Seattle, Washington, and associates, pursuant to the bid which is set out in full in the preamble hereto. Section 2. That said bonds shall year interest at the following rates: Bond Numbers Interest Rates 1 to 76 Incl. 3 % 76 to 240 incl. 3 % 241 to 750 Incl. 3qp °I I Section 3. That said bonds shall be delivered to said purchasers as soon as may be after the adoptions of this resolution, pursuamt to due payment therefor in accordance with the terms of sale. Section 4. That this resolution shall take effect immediately upon its adoption. Upon Roll ®a11 the following Councilmen voted in the affirmative were: Burrell, Shorb, Cleveland, Eldredge and Bettis. Negative: None. Absent and not voting: Blomquist. Thereupon the Mayor declared the motion carried and the %solution adapted. A petition was presented to the Mayor and Council by the Intermountain Gas Co -pany petitioning I the Cit of Caldwell to grant permission to lay gas distribution pipes along the following deacrl'.ed public �. streets and alleys: Highway 30 located within the city limits of Caldwell; Cleveland Boulevard between Kimball Avenue and Warehouse street; Fifth Avenue between Cleveland Boulevard and Chicago Street, Chicago I I I �i 1 Street between city limits and Fifth Avenue; Warehouse Street from Fifth Avenue to city li^.its. ! - Moved by Shorb, seconded by Eldredge this petition be tabled. Upon Roll Call it appeared the motion was unanimously carried. Ill The following letter of resignation was read from Anna M. Francis Caldwell, Idaho June 13, 1956. I To the Honorable Mayor and Council _ City of Caldwell Caldwell, Idaho Oentlemen: Due to my acceptance of another position I wish to submit my resignation , as Deputy City Clerk. 47 . I wish to thank you and express my appreciation for the employment you have furnished me for the past two years. Sincerely yours, /s/ Anna M. Francis Gloved by Cleveland, seconded by Shorb that this resignation be accepted. Upon Roll Call it appeared the motion was unanimously carried. The City Engineer recommended an increase in the following salaries: Engineer Department Robert Halvorson $ 338.75 to $350.00 per month Don Baird 338.75 to 350.00 per month Water Department Wilma Keech 225.00 to 2110.00 per month H. W. Phillips 1.10 per hr to 280.00 per month i r Moved by Eldredge, seconded by Shorb the City Attorney be instructed to prepare the necessary papers to put this into effect. Motion carried. There being no further business to come before the Council it was moved by Councilman Bettis, seconded by Councilman Cleveland that Council adjourn, Motione l City Clerk. Mayor. COUNCIL CHAMBERS JULY 16th, 19$6 5:00 P. v. The Council met pursuant to call and acknowledgment of notice in the following form: CALL AND ACRNOWLEDGTffiMT OF NOTICE We, the undersigned Mayor and Members of the City Council of the City of Caldwell, Idaho do each hereby acknowledge notice of a special meeting of said City Council to be held at the Council Chambers in the City Hall in the City of Caldwell, Idaho at the hour of 5:00 o'clock P. 311. on the 16th day of July, 1956, for the transaction of all business in connection with the following object: Discussion regarding the place of payment for the Water and Sewer Revenue Bonds of the City of Caldwell, which object was submitted to each of the undersigned in writing. WIT14ESS our signatures this 16th day of July, 1956. City Clerk. Mayor Jason C. Smith presiding. Upon Roll Call the Pollovaing Co ]men answered present: Fran Blomquist, L. E. Burrell, George leveland and J. M. Bettis. Absent: Emile Shorb and L. P. Eldredge. The Mayor informed the Council the purchasers of the Water and Sewer Revenue Bonds of the City of aldwell have requested the place of payment of these ':,ends be changed from the First National Bank of aldwell, to the Idaho First National Bank of Caldwell. This matter was thoroughly discussed by the Mayor and Council. Whereupon Councilman Blomquist moved that the City Attorney be instructed to prepare the necessary apers to conform with request, motion seconded by Councilman Burrell. Upon Roll Call it :appeared the motionms unanimously carried. There being no further business to came before the Council it was moved by Councilman Cleveland, aconded by Councilman Bettis that Council ad.iourn. Motion carried* Mayor.