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HomeMy WebLinkAbout1927-08-29city council minutes.3 7� COUNCIL CHAMBERS, AUGUST 29, 1927. 8 :00 P. Id. Council met in regular session perzuant to adjournment of August 22, 1927, with Free. Uumford presiding and the Following Councilmen present; Davis, Dutton, Jackson, Roffman and McOonnel. ABSENT; MAYOR DUTILAP. It was voted on motion of Roffman, seconded by IcGonnel, that the following bills be allowed and warrants be drawn on the various funds for the amounts to -wit; GENERAL. No. Name What for Amount 172 City Clerk's Rev. Cash Fund Freight Paid 5.62 City Clerk's Rev. Cash Fund Freight Paid 51194 TOTAL ¢.62 59 hrs. BOLD. 50 Ernest Mason 92 Seth Munger 9 hre. 3.60 City Clerk's Rev. Cash Fund Freight Paid 3.74 50 22.62 TOTAL 7.34 WATER WORKS DEPR'N FUND 46 City Clerk's Rev. Cash Fund Bal. Revolving Fund 284.48 47 Plater Works Fund Transfer Freight Paid 282.24 48 City Clerk's Rev. Cash Fund Freight Paid 51194 49 Bryan Harding 59 hrs. 36.85 50 Ernest Mason 48 " 25.20 51 Lloyd Cardwell 48 It 25.20 52 L. A. Holmes 50 22.62 53 J. P. Kroff 49 " 21.44 54 J. P. Edwards 48 " 21.00 55 Kenneth Howard 50 20.00 56 Roy Shaw 48 " 19.70 57 Fred Wade 44 17.60 58 Arnold Plunger 48 " 19.20 59 W. Gruver 48 ^ 19.20 60 P. J. Munger 48 " 19.20 51 L. V. Oakley 48 r 19.20 62 Jsa. Merrill 48 " 19.20 63 Avil Smith 48 " 19.20 G4 Ernest Moudy 48 " 19.20 65 W. W. Shaver 48 " 19.20 66 ,Earl Wilson m 48 " 19.20 67 Jacob Gard 48 " 19.20 68 Slfred Devoe 48 " 19.20 69 Henry Hartley 48 " 19.20 TO 17. Storms 48 " 19.20 71 H. Eustace 48 R 19.20 72 Wm. Heard 8 a 3.20 73 R. V. Derry 23 ^ 9.20 74 E. D. ,Munger 40 " 16.00 75 Seth hunger 40 " 15.00 76 W. D. Givens 40 " 16.00 77 F. H. Stringham 40 " 16.00 78 Lee Tgomas 46 " 18.40 79 Cecil Collins 48 " 19.20 80 J. H. Pitman 36 14.40 TOTAL 1225.47 Grand total of ell warrants drawn .11238.43. RESOLUTION NO 3 BY ITU17ORD. A RESOLUTION PROVIDING FOR NOTICE OF PROPOSAL TO ISSUE AND SELL BONDS OF LOCAL STREET IMPROVEMENT DISTRICT NO. 5, OF THE CITY OF CALDWELL, IN THE COUNTY OF CANYO11, STATE OF IDAHO, AI1D INVITING S11D RECEIVING BIDS THEREFORe BB IT RESOLVED by the Mayor and Council of the City of Caldwell, Idaho: - Section 1. That Notice is hereby authorized, ordered and directed to be given and published as hereinafter provided, that the Mayor and Council of the Gith of Caldwell, Idaho prppose to sell and invite written proposals for the purchase of bonds of Local Street Improvement District No. 5, of the City of Caldwell, Canyon County, Idaho, in the amounts and and for the purposes specified in the following form, to -wit: NOTICE CF PROPOSAL TO I53UE I'D SELL BONDS OF I00.9L STREET I1,II30V_E'., TT DISTRICT N0. 5, OF T-,M CITY OF CAL377EIL 14 T'1E COUNTY OF C:.i'YO_?. STATE O= ID1:HO. "_Im IVVI'TII?G BIDS T'T=?_FO't. F I 0 3� U111 III Hil STATE OF IDAHO, ) COUNTY OF CANYON, s3. CITY OF OALDIWELL. J Notice is hereby given that sealed bids for the purchase of bonds of Local Street Improvement District No. 5, of the City of Caldwell, in the County of Canyon, State of Idaho, will be received at the office of the City Clerk, until Monday, to -wit: the 3rd day of October, A. D., 1927, at the hour of 8:00 o'clock p. m. Said bonds shall be in an amount aggregating the principal sum of :56,7000.00, in denom- inations of w500.00 each, except 17 of said bonds shall be in the denominations of X100.00 each; shall be numbered conseetively from one up, to be dated September 1, A. D. 1927, payable in ten install- ments of approximately equal amounts each year, each installment of bonds maturing in the respective years annually from 1928 to 1937, inclusive; but shall be subject to call on any interest date follow- ing the delinquency of any installment of the assessment; said bonds to bear interest at the rate not to exceed seven per cent per annum, payable semi- aimually on the first day of March and September of each year at some bank in the City of '_;ew York, State of New York, to be designated at the time of the sale of such bonds, or at the Office of the City Treasurer of the City of Caldwell, Idaho. All tenders, bids or offers to purchase must be addressed to the ideyor and Council of the City of Caldwell, Idaho, without con - dition or qualifiention, end be accompanied by r cerftified check on some bank in the state of Idaho, p, ^yable to the City Treasurer of acid city in the amount of x5,000.00, to be forfeited to the city as liquidated damages should the successful bidder fril or refuse to take up or pay for the bonds within ten lays after the notice by the city of its readiness to deliver said bonds. All bids shall be conditioned upon the appr(iving opinion of ?ershing, "yo, Tallmoee and Bostvorth, of the City of Denver, St.:te of Colorado, as to the legality of the said issue; provided, however, thr.t acid bonds shrll not be sold for less than their face of par value and accrued interest at the time of disposal by the City Treasurer under the general supervision of ti;e l:: --or and City Council. The said city mill fu rnisii the bonds. 3noh of s,id bonds red each 0_' the coupons e.ttaehed the_•eto ohcll be dualy rni regularly issued in form and contents in conformity with Chapter 257, Laws of 1927, State of Idaho. The City Council rasery =_c the riEht to reject -. or all bids. :)Ltad at G.ldwell, T_daho, this 29th day of :_ugust; 1. D., 1927. attest; City Clerk. S. 3�P; DII:VLa12 t;� yor. iILL2._3D C. LYL3 City Treasurer. Sec. 2, That notice shall be the spme as hereb;- ordered, published at least once each week for a period of not less then two consecutive calendar weeks prior to 3 the Ord de; of October, A. D., 1927, in the Crld:vell ??ewe, end the City Clerk is hereb,,- n authorized and directed to OFuse said notice to be published rs herein above mentioned and procure proof of said publication in duplicate in the form of publishers affidavit, and of which he shall preserve as a pert of the records and files in his office, and the other of which he shall furnish to the purchaser of said bonds. Sec. 3, The City Clerk is hereb authorized to cruse an appropriate adver- tisement of acid bond sale to be published it not to exceed two issues of the "Daily Bond Buyer" published in New York City. Passed by the Council this 29th day of Auguat, 1927. Approved by the Llayor this 29th day of August, 1927. A22ROVED: city Clerk. Motion fives made by Jackson, seconded by McConnel, that Resolution IIo. 3 be adopted be adopted. The Clerk, was directed to call the roll with the following result. AY23: DAVIS, DOTT011, HOF `LI.9i!, JAGE30D, ICC0111tED A 1D NAM,- 17OUE. ',thereupon the motion was declared carried end the spine being aproved. The Clerk was directed to record Resolution No, 3 upon the journal of the procee'inga of the Council, as a part of the minutes of this meeting. The matter of draining the City lark came to the attention of the Council, and after some discussion the matter was referred to the Finance Committee and the Irrigation and Drainage Committee. The report of the Chief of Police was - read and ordered filed. It was voted on motion of Dutton, seconded by NoConnel that Council adjourn. AP.ROVED: Cl� erk. is I IS 0