HomeMy WebLinkAbout1931-12-02city council minutesDecember 2 nd. 1 93 1
I COUNCIL CHAMBERS ,� Bnd. 1931
8:00 P. M.
An adjourned meeting of the City Council met as per adjournment of November 30th.,
with the Mayor, Fred L. Lilly, presiding.
On Roll Call, the following Councilmen answered present, M. S. 3aadmeyer, A. G. Keiste ,
C. E. Bales, Joe Dickens, C. M. Johnston and E. L. Vassar,
Mr. Guy Evans agaig appeared and outlined the plan as worked out by Mr. Evans, Mr.
Olsen, the Auditor, the Mayor // and the Finance Committee.
The following Bill No. � was then introduced by Samdmeyer.
A RESORUTION AUTHORIZING THE MAYOR OF THE CITY OF CALDWELL, IDAHO, TO ENTER
INTO A CONTRACT WITR FIRST SECURITY COMPANY, A CORPORATION, EMPLOYING THE LATTER
TO PREPARE AND FURNISH ALL PROCEEDINGS AND TO ACT AS FISCAL AGENT FOR THE PURPOSE
OF SELLING AND DISPOSING OF CERTAIN FUNDING AND REFUNDING BONDS OF THE CITY OF
CALDWELL, IDAHO,
WHEREAS, It is deemed necessary and adviseable and go the beat interest of thhe
City of Caldwell,.Idaho, to employ expert services for the purpose of preparing,all neces—
sary legal proceedings to authorize the issuance of Funding and Refunding bonds.and for
the purpose of acting as Fiscal Agent to sell and dispose of said bonds when issued, and
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yatUREZ5 ,.After due consideratin, the Mayor and Council deem it advdseable to
employ First Security Company, a corporation, with its principal place of business in Salt
Lake City, Utah, to acjs in ouch capacity;
NOW, THEREFORE, BE IT RESOLVED By the Mayor and Council of the City of Caldwell,
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Idaho:
Section 1. That the Mayor of the City of Caldwell, Idaho, be and he hereby is
authorized and directed, for and bn behalf of the City of Caldwell, Idaho, to enter into
that certain contract read and approved at this meeting of the City Council, of even date
herewith and on file in the office of the City Clerk of said City, between the City of
Caldwell, Idaho, end First Security Company employing the latter to prepare and furnish
all necessary legal proceedings for the issuance of funding and refunding bonds of the
City of Caldwell, Idaho, and empower said Company to act as Fiscal Agent for the sale and
disposal of said bonds.
Passed by 'the Council this 2nd. day of December, 1931.
Approved by the Mayor this 2nd. day of December, 1931.
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ATTEST: May r,
Ci ty ,
On Roll Call, the following Councilmen voted in favor of the above Resolution:
Sandmeyer, Bales,'Keister, Dickens, Johnston and Vassar . Those opposed, Rone. Absent
and not voting nohe. The Mayor then declared the Resolution passed by the necessary vote.
Moved by Vassar and seconded by Keister that this Council stand adjourned.'
' Motion carried.
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Ci Clerk Mayor.
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