HomeMy WebLinkAbout1925-07-13council minutesSTREET LIGHTING z�UtID
2 Idaho Power Co. Street lights 517.45
TOTAL 3i9
BRIDGE FUTID
1. Boise Iron Wks. ZE Repairs Cooker 74.92
Foundry Co. TOTAL — T4.Tg
Grand total of all warrants drawn amounts to $6,578.81
It was voted on motion of iJoConnel, seconded by Wheeler, that Swain Beatty, employed it
water department, be given his vacation pay. It was -rated rn motion of heeler, seconded
McConnel, that the Council adjourn to Monday, July 13, 1925, at 8:00 F. 19.
y Clerk
Approved:
c -0 -o
MINUTES OF AN ADJOURNED LEETING OF THE MAYOR AND CITY COUN ®IL OF THE CITY OF
CANYON COUNTY, IDAHO.
Council Chambers
July 13, 1925
l
I
li
the i
by
The Council met in regular session, pursuant to adjournment With aayor raiey,
presiding, Councilmen Conley, Dutton, Mumford, McConnel and Wheeler, present. Absent: Kim rough.
S. Earl Boyes, City Clerk, being absent, the Mayor appointed Willard C. Dyer, as Clerk of he
meeting.
The time coming on regularly for the receiving and opening of bids for the a le of
municipal coupon street improvement bonds, pursuant to notice, said bids were opened ea fol owe:
Caldwell, Idaho, July 13th 1925.
in
E
f
i
To the Honorable Mayor
and City Council
Caldwell Idaho.
Dear Sirs:
For the issue of X41,000.00 twenty year paving coupon bonds, (optional after 0
;
We bid as follows:
IRRIGARION FUND
NO.
TO ' 7HOM
FOR ',TRAT
AMOUNT
$Q
L. It. sorter
Salary
w90.00
31
Lee Beek
"
127.00
32
Tom Cochrane
"
52.00
33
L. H. Butlnnd
2 days
6. 0
34
Henry Durham
I day
3.00
35
John Shaver
1: days
4.50
36
Henry Weygendt
32� hours
12.19
37
Clyde Barr
120 hours
45..00
38
C. M. Lammey
144 hours
54.00
39
Earl Wilson
Labor
80.26
40
Frank Dowd
"
79.13
41
Claude Wersham
1 day
3.20
42
Frank Hartkopf
52 hours
20.60
43
LT. Lancaster
32. ours
13.00
44
Wastern Com'L. Bank
Assigned Acct.
39.60
45
Skaggs f33
" "
23.25
46
Kelleher Clothing Co.
l pr, mote
7.00
47
H. J. ,icUeel
:stork on flume
8.50
48
Butler Hdw. Co
Hardware
3.95
49
Caldwell Lbr. Cc
Lumber
5.70
50
Caldwell I,Eotor Co.
Repairs
10,16
51
Gem State Lbr. Co.
Lumber
11.90
52
John Hollrich.
Canvass Bags
4.75
TOTAL
STREET LIGHTING z�UtID
2 Idaho Power Co. Street lights 517.45
TOTAL 3i9
BRIDGE FUTID
1. Boise Iron Wks. ZE Repairs Cooker 74.92
Foundry Co. TOTAL — T4.Tg
Grand total of all warrants drawn amounts to $6,578.81
It was voted on motion of iJoConnel, seconded by Wheeler, that Swain Beatty, employed it
water department, be given his vacation pay. It was -rated rn motion of heeler, seconded
McConnel, that the Council adjourn to Monday, July 13, 1925, at 8:00 F. 19.
y Clerk
Approved:
c -0 -o
MINUTES OF AN ADJOURNED LEETING OF THE MAYOR AND CITY COUN ®IL OF THE CITY OF
CANYON COUNTY, IDAHO.
Council Chambers
July 13, 1925
l
I
li
the i
by
The Council met in regular session, pursuant to adjournment With aayor raiey,
presiding, Councilmen Conley, Dutton, Mumford, McConnel and Wheeler, present. Absent: Kim rough.
S. Earl Boyes, City Clerk, being absent, the Mayor appointed Willard C. Dyer, as Clerk of he
meeting.
The time coming on regularly for the receiving and opening of bids for the a le of
municipal coupon street improvement bonds, pursuant to notice, said bids were opened ea fol owe:
Caldwell, Idaho, July 13th 1925.
in
E
f
i
To the Honorable Mayor
and City Council
Caldwell Idaho.
Dear Sirs:
For the issue of X41,000.00 twenty year paving coupon bonds, (optional after 0
;
We bid as follows:
For the whole issue of bonds drawing fiv5 and one -half per cent interst (5e) we std 11
pay 102.92, and
For the whole issue of bonds drawing five and one - fourth per cent interest (5?.) we
will pay 101.35.
t ^re hand you herewith demand certificate of deposit in the sum of $2050.00 issued
by the r'irat motional Bank of Caldwell, Idaho, as surety that we will carry out the
above terms if we are successful bidder.
The above bonds to be approved by John C. Thomson, and to be delivered to the First
National Bank, Chicago, I11.
In addition to the above we will have the bonds printed by our regular bond print-
ing house and furnished to the city at ",ctual cost of doing the work.
John Nuveen & Company
By W. P. Lyon.
Caldwell, idaho, July, 1925
i
M
Honorable w & Council,
City of Caldwell, Idaho
Gentlemen:
Supplementing our contract of 1,1ay 4th, 1926, you may consider this our offer to
waive a ettffioient amount of our proceedings fee of Your Hundred Dollars (,00.00)
provided for in said contract to meet or exceed for a very nominal sum any oompstitive
bid received by you at your sealed bid sale this evening. Also that we are per-
fectly willing to accept a four and three eu =rter percent coupon rate on a like
subsequently determined basis.
"r. S. Earl Boyes,
City Clerk,
Caldwell, Idaho.
Dear Sir:
Respectfully submitted,
R. I+9. D. Childs, President.
Cincinnati, Ohio. June 20, 1925
We received you statement of bonds amounting to $41,000.00, for paving of streets
and alleys, and thank you for it.
We will make you a bid for immediate acceptance, of par and accrued interest to
date of delivery and a premium of $210 for these bonds as 5je. Interest and principal
to be paid at the Chase 1 °ational Bank, ' York City, subject to the approving legal
opinion of John C. Thomson. if this bid is acceptable to you we will forward funds
at once up to 50 of the Issue, said check to be on of your local banks.
We believe the foregoing to be a liberal offer and would ask that you wire ue at
our expense if the price we offer is acceptable.
Trusting we may hear favorably from you, we remain
Yours truly,
Poor & Company
W. S. Gray.
St. Louis, Missouri, July 10th, 1925
To the honorable ayor and City Council,
Caldwell,idaho
Gentlemen'
In connection with your proposed bond issue of X 41,000, we are not in receipt of
maturities on same, but assuming that said bonds will mature on an average of 10 -1/E
years and are payable in New York City in the denominations of $1,000, we will be
agreeable to paying you as follows, for bonds bearing 656 interest:
TEN HUNDRED AND TWENTY `IPJE DOLLARS ($1025)FOR EACH ONE THOUSAND DOLLARS ($1,000
IN 30NDS AND IN ADDITION ''.ILL .AY ACCRUED INTEREST FRO11 THE DATE OF SAID BONDS TO
DELIVER TO US ADD FURNISH THE LEGAL 0 -IN10N OF OUR ATTORN TOrET?ER "IITH 3LANY.
BONDS 71THOUT ADDITIONAL COST TO YOU.
If your bonds can be make to mature on an average of twenty years and pay interest at
6%, other features as above outlined, we would be willing to Pay you,
ESd H[7NDRED AND ?0?TY TWO DOLLARS (1042) FOB EACH ONE THOUSAND DCLLARS IN 'BONDS.
These figures ere submitted, however, subject to confirmation by us, as we have not
sufficient data available to definitely determine our views but will be glad to Rive
same to you on telegraphic or written advices setting out to us the different
maturities of these bonds.
xoura very truly,
D. D. :rioConnel
�'ecretary.
Eon. mayor and City Council
Caldwell, Idaho.
July 13, 1925
e
f �
Gentlemen:
For your Q41,000.00 M nicipal Coupon street improvement Vonds of the City of Caldwell In
Canyon County, state of Idaho, which you advertise for sale today, per your notice of ae e, said
bonds to be dated July 1, 1925, and payable 20 years from date of issue but redeemable i It the
option of said City at any time after ten years from date of issue said bonds to 'bear i Its res,
at the rate of 5; per annum, payable semi - annually, on the first days of January and Jnl oesoh
year, both principal and interest payable at the office of the City Treasurer of`Caldwel , Idaho,
or at some Banking House in the City and State of Hew pork at the option of the holder;
we will, upon dilivary of the legally issued bonds to us in Boise. Idaho, or Salt Lakt City,
Utah, pay you par and accrued interest and a premium of �237.80.
It is understood that prior to the delivery of said bonds you are to furnish us with complete
certified transcript of all the proceedings had and taken in connection with the issuanc of
these bonds and the approving opinion of Hon. John C. Thompson, Attorney, of New York Ci y,
evidencing the legality of said issue.
We enclose herewith eertifired check in the amount of x2,050.99 which is to be return d to us
promptly in case this bid is not accepted. In case the bonds are awarded to ua it is t apply
as part payment on the bonds.
This bid is undonditional and for immediate acceptance.
2espectfully submitted,
RICH & F3ITCHMAN CO: 'ANY
3Y Ira E. High President
ilALMtt BOND & MOR70AGE COMPAM
I�Y F. Palmer.
Honorable -Wayor and City (Iouneil
Caldwell, Idaho.
Salt Lnke city, Utah. July 13, 1925
Gentlemen:
For 641,000-.00 direct obligation Street Improvement Honda of the City of Caldwell,
dated July 1, 1925, and maturing twenty ;ears from date of issue and redeemable at the c
the city after ten years from date - f issue, in denominations of .31,000.00 each, bearing
at the rate of Five per centum (5%) per annum, payable semi- annually, both interest and
payable at some bank in New York City, or at the office of the City Treasurer in Caldwel
we will pay, upon delivery of the said bonds to us at such banking point as we may desi
free of exchange and collection charges, the, sum of ;;41,427.00 and accrued interest from
issue to date of delvery to us.
deho,
tion of
interest
rincipal
, Idaho,
net @,
date of
Bonds are to be legally issued to the satisfac *ion of ur. John C. Thompson of i+ew F rk City,
whose approving opinion together with a complete certified transcript of proceeding inci ant to
the issuance of said bonds are to be furnished us prior to delivery of the bonds to us.
You agree promptly to adopt such proceedings and take such steps as may be neeessar to make
said bonds legal in his opinion.
Attached 'hereto is certified check for •2,050, :�o. 90064 on Boise Ulty rational Ban Hankers
of Boise, Idaho, which is to be held b;• you as an evidenoe of our good faith in the tran action
and applied as part payment on the purchase price of said bonds, said check to be return d
immediately to us, if this offer, which is for immediate neceptanae only, is declined, o if the
bonds can not be legally issued.
Respectfully yours,
CE'1 ?AL = CC "UANY
'3y 'q +alter S. brute & Co. Inc.,
Boise, Idaho.
Caldwell, Idaho. July 13th, 1925
Honorable - and "ity Council
Caldwell, canyon County, Idaho.
Gentlemen:
As per your official statement, for your Forty -one Thousand collars ($41,000). legall issued
4 -3/4 a Street Improrement bonds, with full number of coupons attached, dated July 1, 19 5,
due July 1, 1945 and optional July 1, 1935, in 1 $1000 denominations, delivered to us in D nver free
of exchange and collection char" s: both principal and semi- annual interest payable at the City
Treasurers office or at I:ountze Brothers, flew York ;ity, we agree to pay ?-?1000, plus accrued
interest from date of the bonds until date of payment by us for each ,?1000 bond.
tie understand that the blank bonds are being furnished by the city, along with final
approving opinion of John C.Thomson of PJew York City or Uhapman, Cutler and rarker of Ch sago at
our option.
tie enclose herewith certified check on the First - iationsl Bank of Boise, Idaho, in the
of 12050., as evidence of good faith on our part, which is to be used as liquidating dame
case we fail to take up and pay for the bonds when ready for delivery by the city. Thii
is to be used as pert payment oil the principal when presented for payment.
We agree to pay for the bonds when delivered and approved by a bond attorney mentione
and you agree to promptly deliver the legally issued bonds ae above provided.
e mount
Res in
check
above
4
L I
0
El I
fl
Hespectfully submitted
^pNWRLL AFkD CO'. ANY
BY Gerald L. Schlessman
Caldwell, Idaho, duly 13th, 1925
_onornble yor and City Council
Caldwell, Canyon Ofounty, Idaho.
Gentlemen:
In connection with the attached contract with the City* for the purchase of *.heir 4 3/4% Street
Fmprovement bonds, it is understood that we are to be paid as fiscal agents for the city at
the time we pay for the bonds -the sum of N3,' Said sum to be sent is as Cashiers check on
Caldwell bank, or Boise Bank.
3espectfully submitted,
'ENWELL AND CrIT ANY
Y Gerald L. Sehlessman.
It m s moved by Conley, duly seconded b IMcConnel that when the Council adjourn, it adjourn
to reconvene at 12.00 o'clock noon on July 14, 1925. .:otion carried. It was moved by Conley,
seconded b :dcConnel, that the matter of considering the bids for the purchase of bonds be made
a special der of business for 12.00 o'clock noon, July 14, 1925.
The committed appointed at the meeting of July 6, 1925, for the purpose of investigating
and reporting upon bids for coal submitted a report and recommended that the bid of Caldwell
Lumber & Company, to furnish Liberty coal at A9.44 per ton, delivered in the bin, be accepted
4nd'tv_l t o
a'66ntraSt t'furnsilf such`6cii be acvcit+d'ed'to''CaldwO'll L73mb8r' CdaT Cdnrpsny.'o= alotion
"ca'rri'ed. � *' 711
Yr T. J. Barnes, representing the Standard ell Company, of California, appeared before the
Council an requested that Bill No. 6 be brought up for further consideration. Thereupon a
motion was made by Wheeler, seconded b„ that all rules reouirine the reading of a bill
on three s parate days be suspended and that gill No. 6 be read the second time by title and the
third time in full and placed on its final passage. The ?Mayor caused the Clerk to call the roll
on the mat on with the following result: Ayes: Conley, yutton, :'umford, — oConnel, Wheeler.
Nayes: Non . Absent: limbrough. So the 1layor declared the motion had passed by the neceseapy
three-four :118 majority, and directed the Clark to read 9111 ' +o. 6 the second time by title and the t}i
ird time U full. Thereupon the Clerk read .Bill No. 6 the second time by title, and the third
time in St 1 section by section. The question being " Shall 3111 No. 6 pass ?" The iiayor directed
the Clerk o call the roil, which resulted as follows: Ayes: Conley, Dutton, 'lumford, IMeConnel
and Wheels . Nayes: None. Absent Irimbrough. So the Linyor declared Bill No. 6 Had passed,
which was kpproved by the 1dayor, and now became Ordinance No. 412. The Mayor thereupon directed
the Clerk o bake the proper entry of the same and cause Ordinance uo. 412 to be published in
the Caldwe 1 Tribune, the official newspaper of the City of Caldwell, County of Cahyon, State of
Idaho.
Bil 1No. 5 as amended and engrossed by the Clerk was read the third time in full, section
by section and plaoed upon its final passage. The nuestion being "Shall bill :.o. 5 pass ?" The
Mayor dire ted the Clerk to call the roll, which resulted as follows: Ayes: Conley, Dutton, ITumford,
McConnel aid 'iiheeler. _Tayes: none Absent; Y_imbrogh'. So the :Layor declared that Bill no. 5 had
passed, ar5 thereupon approved the same, which now became Ordinance No. 413. The Clerk was
directed to make proper entry of the same and cause Ordinance No. 413 to be published in the
Caldwell 11ribune, the official newspaper of the City of Caldwell, Idaho.
The clerk presented a form of contract, dated June 23, 1925, between the City of Caldwell
and 3. E. Bowman and Ed. Matheson, for the use of the rock crusher and equipment belonging to the Ci1V
and which had heretofore been executed by the Mayor and Clerk, for and on behalf of the city.
It was moved by Dutton, duly seconded by Conley, that the execution of the contract between the
City of Caldwell and 3. E, Bowman and Ed. Ifatheson for the use of the rock crusher and equipment
belonging o bhe city, b: the Wayor and Clerk of the City of Caldwell, be and the same is 1B reby
ratified d confirmed. ]Motion carried.
i
The matter of paving between Caldwell =nd -damps Came up for diseussinn, and the Layo
instructed the Clerk to write a letter to the Commissioners of Namps Highway District, the Mayor
and city Council of taampa, and the County Commissioners of Crnyon County, suggesting a conference
for the purpose ofdetermiming procedure in connection with such paving.
It was moved by Conley, duly seconded by Dutton, that the Council adjourn. Lotion Carried.
Thereupon the meeting adjourned to reconvene on Tuesday, July 14, 1925, at 12:00 o'clock
noon.
Acting city Clerk.
Approved:
Pdayor
':IINUTES OF AN aDJCU - UED a_EE'TING OF 111; ::AYOR ATTD CITY COU`?CIL OF THE CITY OF
CALDWEL:,, CANYON COUNTY, IDAHO.
Council Chambers
July 14, 1925
0 -C -o
0 o -e
The Council met in regular session, pursuant to adjoumnment, wi th aeyor'aaley,
presiding, Councilmen Conley, Dutton, :Iumford, :?eConnel and VIheeler, present. Absent ximbrtugh. S.
Earl Boyes, City Clerk being absent, the mayor appointed Willard C. Dyer, as Clerk of. the mE sting.
The CpAnctl proceeded to a consideration of the bids for the municipal aoup
street impaoYembnt bonds. Whereupon Conley presented the following resolution, moved its
adoption:
RESOL7ED, that Resolution No. 4 the proposition of eenwell ", Company, of Deliver, Cc Credo,
to act as fiscal agent for the selling of X41,000.00 municipal coupon street improvement bon2s,
for the sum of :332.90 as indicated in the proposal submitted at the session of July '13, 19 5,
be and the same is hereby accepted. I The motion for the adoption of said resolution was dul
seconded by MoConnal. The question being, "Shall the resolution pass ?" The Mayor directs the
Clerk to call the roll, which re silted as follows: Ayes: Conley, ihatton, l±umford, fdoConnel, and
Wheeler. l +ayes, °acne. Absent: Kimbrough. Whereupon the Mayor declared the motion carri d
and the resolution no. 4 be adopted.
Conley offered the following resolution and moved its adoption:
Resolved, that Resolution no. 5 the proposal of 9enwell and Company, of Denver,
Colorado, for the, purchase of N41,000.00 munici}:ial street improvement bonds, of the City of Caldwell
Idaho to draw interest at the rate of 4 3/4 ro per annum, he accepted, and that the bonds be old
to said Benwell & Company, for :41,000.00 and accrued interest to the date of delivery.
The motion for the adoption of the said resolution was seconded by ticConnel, the q estioa
being "Shall the resolution pass ?" The mayor directed the Clerk to call the roll which resulted
as follows: Ayes: Conley, Dutton, idumford, +'io0onnel and Wheeler. Reyes: none. Absent: E mbroug
Thereupon the Iryor declared the motion for the adoption of said resolution carried, and res tion
No. 5 adopted.
It was voted on motion of Dutton, seconded by Wheeler, that the Council adjourn a
Friday, July 17, 1925, at 5:00 F.L;.
(/LJ .
Act�'ItY
i
i