01-19-40 Special
1393
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COUNCIL CHAMBER
January 19, 1940
Jhe Council met in special session at 10:00 A.M.
with the following members present: Mr. Bradshaw, Mr. Crego,
Mr. Hill and Mr. Jacobs. The City Attorney, Mr. L.A. Paine
and Mr. Thomas M. Cook, fisoal agents, were also present.
Councilman Miller was absent.
,
The Mayor announced the spe cified bus iness of the
meeting was for the purpose of reoeiving sealed tenders
on the City's Series "A" Refunding bonds.
Bids as follows were thereupon opened and sub-
mitted to the Council:
"
BIDDER
A.C. Allyn &. Co.
100 W.Monroe St.
Ohioago, Ill.
AMT. OFFERED
>
Kirchofer &. Arnold Inc.
40 Wall Street
New York City
Seoond National Bank
Cinoinnati, Ohio
3,000
3,000
3,000
3,000
7,000
PRICJ1j
48
49
50
51
61
22,000
80
After disoussing the bids Mr. Bradshaw. moved
that the City aocept A. C. Allyn Canpany's bid on the 12
bonds at a total price of $5,940.00, and that all other
tenders, at this time, be rejected. Mr. Crego seconded
the motion and on roll call the vote was as follows:
Mr. Bradshaw yes, Mr. Crego yes, Mr. Hill yes, Mr. Jacobs
yes. The motion carried.
Mr. Cook stated he had reason to believe A.C.
Allyn &. Company owned some 'thirty five thousand dollars
worth of bonds and suggested that the City make this company
an offer of fifty oents for these additional bonds. It
was acoordingly moved by Mr . Bradshaw that the City Clerk
wire acceptanoe of A.C. Allyn's tender on the tw~lve bonds,
stating that the City will aooept approximately '23,000.00 .
additional bondS at fifty cents, for immediate aooeptanoe.
:139'i
COUNCIL CHAMBER - January 19, 1940
Mr. crego seconded the motion, and on roll oall the vote
was as follows: Mr. Bradshaw yes, Mr. Crego yes, Mr. Hill
yes, Mr. Jaoobl!l' yes. The motion oarried.
The Chairman of the Finance Committee stated he
was working on the water situation, and believed he would
be able to get a complete story as to the capaoity and
possibilities of the plant, and as to what may be expevted
of it, in the supplying of the Town of Gulf Stream with
water, which report he believed oould be obtained without
oost to the City, and which he hoped to have for Counoil
meeting on the 22nd.
The Clerk reported Harvel Brothers were assigning
oertain street improvement oertifioates, to be issued on
the street oontraot now under way, and asked what the
Counoil's wishes were in this regard. It was reoommended
that theFinance Committee get together and deoide just What
oertifioates the Council" intends to aooept for the $5,000.
extended b~ the City on this paving oontraot so that Harvel
Brothers may assign the remainder if they so desire.
T~ Mayor reoommended the immediate appointment
of employees \~o are under bond, in the Clerk's offioe,
also the Judge as the City Attorney stated the oharter
..
made no provision for. hold-over in this office, after
January 1st.
It was therefore moved by Mr. Crego that W.E.
Wilcox be appointed Munioipal Judge (as of January 1st)
to serve for the year 1940. Mr. Hill seconded the motion
and on roll call the vote was as follows.: Mr. Bradshaw
yes, Mr. Crego yes, Mr. Hill yes, Mr. Jaoobs yes. The
motion oarr ied.
It was moved by Mr. Crego that Miss Cramp be
appointed to fill these respective positions provided
by the Charter, viz. City Clerk, Tax Collector, Tax
Assessor and Treasurer. Mr. Hill seoonded the motion
and on roll oall the vote wa s as follows: Mr. Bradshaw
yes, Mr. Crego yes, Mr. Hill yes, Mr. Jaoobs yes. The
motion oarried.
It was further moved by Mr. Crego that thes.e
employees be appointed to fill the following respective
positions in the Clerk's Offioe:
Jane Cremata
Lee Belle Priest
Deputy Clerk &. Tax Colleotor
Deputy Clerk in Water Dept.
Mr. Bradshaw seoonded the motion and on roll call the vote
was as follows: Mr. Bradshaw yes, Mr. Crego yes, Mr. Hill
yes, Mr. .Jaoobs yes. The motion carried.
1395
COUNCIL CHAMBER - January 19th, 1940
After some f urthe r d is ouss ion with Mr. Cook in
regard to the bond situation, Council, by motion regular-
ly made, seconded and carried, adjourned,
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Ci ty Uler
,
APPROVED:
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