The URL can be used to link to this page

Home My WebLink About1966-11-15city council minutes160 for the required fees._ It was moved by Councilman Banks, seconded by Councilman Martin, that the applications for Bartender Permits by approved as presented and that the Permits by issued. A vote was taken and the motion carried. f Bills for End -October It was moved by Councilman Martin, seconded by Councilman Carpenter, that the warrants for claims and payrolls be approved as per list and filed in the City Clerk's office. Such warrants being in the totals aw follows: Warrant Numbers 2076 tern 2132, General Fund: -------------------------- - - - - -- $ 4,300.57 Warrant Numbers 997 thru 1019 Water & Sewer Fund: Water ---------------- - - - - -- 890.60 Water, Capital ------- - - - - -- 3,412.20 dater, Capital Improvement - 315.95 n Treatment Plant ----- - - - - -- 654.23 Treatment Plant, Capital - -- 16.86 Water, General Office - - - - -- 619.95 Warrant Numbers 2082 thru 21353 Special Funds: Fire ----------------- - - - --- 320.37 Cemetery ------------ - - - - -- 72.04 Street --------------- - - - - -- 848.51 Street, Capital ------ - - - - -- 50.61 f Sanitation -- -------- - - - - -- 3]5.�r Sanitation Contracts' ------ 5 ,980.71 Armory ---------------- - -- 177.99 Irrigation --- ------- - - - - -- 85.46 L.I.D. #59 (rag. warrant) — 3,000.00 L.I.D. #60 °- °---- - - - - -- 66.90 New Fire Station ------ - --- Warrant Numbers 1569 thra 1622, General Fund Payroll excepting 1,569 October -- 15, 538,82 21,846.99 Warrant Numbers 1623 thru 1681, Special Funds Payroll including 3569 - October - 1:,551.96 Warrant Numbers 1682 thru 1707, Water & Sewer Fund Payroll - October ----- - - - - -- 6 578.20 $ 79, 74 A vote was taken and the motion carried. .07 It was moved by Councilman Banks, seconded by Councilman Keys, that the meeting recess until 7:30 P. M. on November 15, 1966. A vote was taken and the mctlon carried. The meeting recessed at 11:00 P.M. aycr COUNCIL CHAmB MS November 15, 1966 7:30 P. N. The Council met pursuant to call and acknowledgement of notice in the following form: We, the undersigned Mayor and Aiembers of the City Council of the City of Caldwell, Idaho, do here- II by acknowledge notice of a Special Meeting of the said City Council to be held in the Council Chambers in the City Hall in the City of Caldwell, Idaho, at the hour of 7 230 P.M., on the 1 day of November, 1966, for the transaction of all business in connection with the following objects: Receiving, considering and accepting sealed bids for the purchase of $168,425.00 General Obligation Fire Station Bonds of the City of Caldwell, Idaho, and for the consideration of a request for special permit by Orval Fattig to park a trailer house in a residential zone of the City. Witness our signatures this 15th day of November, 1966. / Mayor N. E. "Coley'r Smith presiding. Upon Roll Call, the following Councilmen answered present: Charles C. Banks, James W. "Bill' Keyes it Jay Martin, Charles W. Carpenter, and C. A. "Chet" Davenport. Absent: William S. Harrison. option of sealed bids for the purchase of $168,425 Fire Department Bonds The Mayor announced that one of the purposes of the meeting was to be the reception of sealed bids the purchase of $168,425 Fire Department Bords of said city. The City Clerk presented an affidavit evidencing the mailing of a copy of the notice of sale of d bonds to the State Auditor of the State of Idaho on October 21 9 1966 in full compliance with law, and 161 pan x idavit evidencing publication of the notice of sale, in full compliance with law, in Me News- Tribune, the official newspaper of said city, on the following dates: October 22, 1966, October 29, 1966, and Novembb 5, 1966, the first of said publications being not less than twenty -one days prior to the date fixed for the sale of said bcids. The affidavits were approved and ordered placed on file. The City Clerk than announced that pursuant to said notice of sale three sealed bids for the pur- chase of said bonds had been received. The bids were ordered opened and were opened and tabulated and found to be as follows: NAME OF BIDDER NET INTEREST COST PBEMM San Francisco Schwabacher & Co. New York Fresno Investment Securities Sacramento Honolulu 623 Idaho Street at Capitol Boulevard Salt Lake City Los Angeles Telephone 2 -5593 San Jose Monterey Boise, Idaho Santa Barbara Cakland Santa Rosa Palo Alto Members *New York Stock ExchangeoPaeific Coast Stock Exchange Boise Bedding - Napa Watsonville November 15, 1966 r- City Council City of Caldwell, Idaho For all (but not less than all) of the $ 168,425.00 City of Caldwell, Idaho described in your V111C1ai Not?ce of bale amen uctiooar e4 Xyoo and incorporated herein by reference, we bid you ar and accrued interest to date of delivery, plus a pre um of 00.0 or: $ 168,425.00 par value of bonds maturing 1 .967 to 1580, inclusive, to bear interest at the rate of four =twenty one hundreds per centum ( 4,20 ) per annum. $ par value of bonds maturing to , inclusive, to bear interest at the rat. centum ( 4.20 ) per annum. $ par value of bonds maturing , to inclusive, to bear interest at the rate �of per centum ( 4.20 ) per annum. $ par value of bonds maturing , to , inclusive, to bear interest at the rats of _ per centum ( 4.20 ) per annum. $ par value of bonds maturing , to inclusive, r to bear interest at the rate - per centum ( 4.20 ) per annum. $ par value of bonds maturing , to �, inclusive, to bear interest at the rate o per centum ( 4.20 ) per annum." Prior to our accepting delivery of said Securities, you agree to furnish a certified transcrip of all documents and legal proceedings requisite to their issuance and de- livery, including the signature and non - litigation certificate in customary market form, evidencing the legality of said Securities and the security provisions relating thereto. This bid is being made subject to our receiving this transcription of the proceedings which will enable us to obtain at your expense an approving legal opinion from 7s the firm of Chao man & Cutler, Attorneys of C�hicogo Illinois, and said delivery shall be made to within a reasonable period o' tim3 e.- As evidence of our good faith in making this bid, we attach a cashiers check in the amount of 8 00.00 payable to The Cit of Caldwell Idaho. This chock is to be used as part payment for the bonds in the event wa are Me successful bidder. If not, we would appreciate its prompt return. As a matter of information only, and not to be construed as a representation, we compute the net interest cost for the issue to be $ , l i equal to an average rate of 4.190 Respectfully submitted, /s/ Gregg Wharry SCHWABACHER & CO. and Associates Enci: In the event we are the successful bidder, please acknowledge by signing and returning the enclosed copy. Received by Date 162 Read Office THE IDAHO FIRST NATIONAL BANK established 1867 BOISE, IDAHO November 15, 1966 Honorable Mayor and Board of City Commissioners Caldwell, Idaho Gentlemen: For $168,!:25.00 General Obligation Fire Department Bonds, City of Caldwell, Idaho, aeries of December 1, 1966, and described in your Official Notice of Sale, which is incorporated herein by reference of the maturities and 'bearing interest at the rates specified below, we bid you par value and accrued interest to date of delivery plus a premium of $ None Amount Rate ;"atnrity Amount Rate Maturity 4,425 6.0 12-1-67 9,000 �y.10 12 -1 -77 p 5,000 0 12 -1 -68 10,000 0 12 -1 -78 5,OOO V=0 12 -1 -69 10,000 =00 12 -1 -79 6,000 =0 12 -1 -70 10,000 =0 12 -1 -80 7,000 T.O 12 -1 -71 10,000 .20 12 -1 -81 7,000 3=378 12 -1 -72 10,OOO 72U 12 -1-82 7,000 0 12 -1 -73 10,000 I= 12 -1-83 7,000 12 -1 -7l 10,000 Ti G 12 -1 -84 e,000 � 12 -1 -75 12,000 12 -1 -85 9,000 -10 12 -1 -76 121000 0 12 -1 -86 Bonds to be redeemable as per the Official Notice of Sale. This bid is made subject to our receiving a satisfactory legal opinion from Messrs. Chapman and Cutler, Bond Attorneys of Chicago, Illinois, approving the validity of said issue. It is understood that you will furnish the same and a no litigation certificate to the successful bidder without charge. As evidence of our good faith in making this bid, we are enclosing our cashier's check in the amount of $8,500.00 payable to the Caldwell City Treasurer. This check is tc be used as part payment for the bonds in the event we are the successful bidder. If not, we would appreciate its prompt return. This bid is for immediate acceptance and if accepted, we shall appreciate your acknowledging this fact by executing and re- turning to us the extra copy of this bid. Respectfully submitted, THE IDAHO FIRST NATIONAL BANK NATIONAL BANK OF WASHINGTON By /S/ J. R. Michels Gross Interest Cost $ 86,222 lass Premium $ - - - - -- Net Interest Cost $ 86,222 -- 4 Net Effective rat® 4.265h The above and foregoing offer is hereby accepted. BOARD OF CITY COMMISSIONERS C ALDWR .1. IDAHO , By Attest: 163 FIRST SECURITY HANK of IDAHO National Association Read Office Boise, Idaho November 15, 1966 r Honorable Mayor and City Council City of Caldwell Canyon County, Idaho Gentlemen: For $168,425 Fire Department Bonds of the City of Caldwell, Canyon County, Idaho, in denomination of $1,000 each, except for bond number one in the de- nomination of $1,425, dated December 1, 1966, interest payable semi - annually on December 1 and June 1, commencing December 1, 1967, both principal and interest payable at The Idaho First National Bank in the City of Caldwell, Idaho, bearing interest and maturing serially on December 1 as follows: Interest Interest Maturity Amount Rate Maturity Amount Rate - 967 $ 4,425 _ 4 % 197 9 ,000 L' 1958 5,000 1978 10 � 1969 5,000 1979 10,000 1970 6,000 1980 10,000 1971 7,000 1981 10,000 1972 7 1982 10,000 1973 7,000 1983 10,000 1974 7 4 1984 10,000 1975 8, coo ° 4A 1985 12,000 1976 9,000 1986 12,000 Prior @edam Lion: Bonds maturing after December 1, 1974 are subject to re- ptiorse numarical order at the option of the city on that date and on any interest payment date thereafter at par and accrued interest to the date fixed for redemption plus a premium of four per cent (4%) of the principal amount of each bond so called for redemption on or prior to June 1, 1978, a premium of two per cent (2 %) of the principal amount of each bond so called for redemption thereafter and or, or prior to June 1, 1982 and without premium if called for redemption thereafter prior to maturity. We wil- pay upon delivery of the bonds to us, their par value plus accrued in- terest plus a premium of $ 95.00 The bonds are to be accompanied by the unqualified approving legal opinion of Chapman and Cutler, bond attorneys of Chicago, Illinois, together with a complete certified transcript of proceedings evidencing the legality of the issue as approved by said attorneys. The bonds are to be delivered to us as soon as legally possible. Attached hereto is our eneck No. 845371 in the sum of $85,5.0000, to be held by you as an evidence oo�ur go�7aith in the transaction, ana applied as part payment on the purchase price when the bonds are delivered to us. Said check is to be returned to us promptly on demand if this offer, which is for immediate acceptance only is declined, or if legality of the bonds is not approved by said attorneys. Respectfully submitted, FIRST SECURITY BANK OF IDAHO, N.A. KALMAN & COMPANY, INC. Buapzws, SMITH & CO. Hy Orrin 1. Merrill Supplemental Information Total Interest Cost $ 85.63.3-06 Less Premium 00 Net Effective Interest Cost 1 : 06 Net Effective Rate 26 The above and foregoing offer is hereby accepted for and on behalf of the City Council of the City of Caldwell, Canyon County, Idaho, thereof in legal II session this day of , 1966. Mayor ATTEST: Clark 164 After a general discussion, it appeared that the bid of.Schwabacher & Co. of Boise, Idaho, and associates, for said $168,425 Fire Department Bonds was the best and most advantageous bid received Yor the h i purchase of said bonds. J It was moved by Councilman Banks, seconded by Councilmen Martin, that the low bid of Schwabacher & Co. of Boise, Idaho for $168,425.00 Fire Department Bonds be accepted. A vote was taken and the motion carried. It was moved by Councilman Davenport, seconded by Councilman Carpenter, that the cashier checks submitted as evidence of good faith be returned by the Clerk to the unsuccessful bidders who were present. A vote was taken end the motion carried. Application for a special permit to park a trailer house at 1117 Cleveland Boulevard - Orval Fatig Mayor Smith stated that, the other item of business for this meeting was the consideration for a special permit to park a trailer house at 1117 Cleveland Boulevard and he called upon Mr. Orval Fatig who was present for the meeting. Mr. Fatig explained that he had an illness for which he had been hospitalized several times and he had been sleeping in a little camp trailer in the yard on his property; that he couldn't sleep in the house and he didn't know it was against the City Ordinance until he had received a letter, after persons had com- plained to the City about it. He further explained that he had an extension cord running to the trailer for lights and used a butane heater for heat but it was not connected to water or the sewer. ' J In answer to questions, Mr. Fatig said that he possibly could obtain a deposition from his doctor stating that it was necessary and he further explained that he had a respirator which he had to c from time to time and it was equipped with a motor and generator for use when he was away from home. He said that he had ran the gasoline motor a few times on a trial basis in testing it to see if it would work - that he had Just put it on; however, it wouldn't be used while it was parked where it is at the present time as he would use the electricity. The trailer was presently located next to the shop in the back yard. After some further discussion; it was moved by Councilman Martin, seconded by Councilman Carpenter,i', that a special permit for parking the trailer at 1117 Cleveland Boulevard be issued until November 15, 1967. A vote was taken and the motion carried. Mayor Smith explained to Mr. Fatig that he should make arrangements to have the trailer moved by November 15, 1967 or again appear before the Council at that time to see if the permit could be extended and, the Mayor cautioned Mr. Fatig not to use the gasoline motor. It was then moved by Councilman Martin, seconded by Councilman Banks, that the meeting recess until 8:00 P. M. on November 21, 1967. A vote was taken and the motion carried. The meeting recessed at 8;20 P. M. -iF.a or COUNCIL CHAMBERS N04SMBER 21, 1966 8:00 P. M. The Council not pursuant to recess and acknowledgement of notice in the following form: We, the undersigned Mayor and Members of the City Council of the City of Caldwell, Idaho, do hereb acknowledge notice of a Recessed Meeting of the said City Council tc be held in the Council Chambers in the City Hall in the City of Caldwell, Idaho, at the hour of 8:00 P. M., on the 21st day of November, 1966, for the transaction of all business in connection with the following object: New and Unfinished business. J Witness our signatures this 2lat day of November, 1966. mayo