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<br />.. <br /> <br />. <br /> <br />Tx:'..;stee I<sc,nedy <br />~_ :l..n.troduc:ed the foUow-lng reso.1.1,$iCltl <br /> <br />and llloved its edoptioo: <br /> <br />RE30WrI0N AWARD!m SAW Qi' $400,000 <br />SANITARY SEWER ~ OOllW, <br />3ElU'liS ]) <br /> <br />BE l'r msGINED U<; the C~::Ll of' ~ V:U.:l.age of Arden Bills, lti.mle- <br />Bote., that advertiGe:raen;t. IC)".(' bido f'or the J;lllI'Ohaae of $400,000 Sem;ta:ry &M;:r <br />Impr~..rrt Benda, Series D, has been ('bJ1y ptibJ.;l.sheda.nd aU bids ~eived <br />:pursuan:i; thereto have been. ~ &111 cJlUGidered D.Dd the ~lest and best <br />of such bids is that of' Yipel', ,;affray ~. HOpWOOd <br />of iAlnneapo lis. Mirl'leso't')l aid -isuoc:i.Utes, to ~lJalle the 'bwda et ~ <br />price of ~ !W.d. accrued in:tereet plus Il. prellaium.of $ c:. 00 , tl1e 'banI'ill <br />JmIi;uring in t.be years oet i'orth bciow t.o beat' 1Ittet'e.st a.t the J:'eS:iJective <br />rates J)er annum set oppollite $Ucl1 ma;t;urity yea.:ro, f'rOm ~ of' walle un.til <br />pa.id: <br /> <br />14e:l;u;rity y~ <br /> <br />:tnteres"L~ <br /> <br />1962 - 1967 <br />1968 - 1973 <br />1 S'?t'. - 1 s.78 <br />1.97~) - 19E1 <br /> <br />3. ~'3C~; <br />4.DC);< <br />4.109'; <br />4 .. 207:~ <br /> <br />. <br /> <br />J?1~1 .additiollt.lJ. ~st II.t .~~ ~c_o:( .1.40 <f, P:l" SXlIlUlll on eacll bond i'J.'~ <br />. a, 16 19 61 to'~ to.)e~ J 19 62 to be rep:resente<;l by <br />oe:pa.r~ !lXld det""niilile liB" c~m. Sa;Ld.-bid Gh~l be and is hereby accepted, <br />and t.he l~or and ViJ..l.age C1.erk are l1ereby authorized i'ortJ1l;'ith to endol'rJe <br />su.cb ru::c"'..(J~e on a copy of &a.id bid end re1;u:t1:.l the sa;.ne 1:.0 said bidder. <br />'l'hegOO'l faith check. 1'Urnish..'>d by the purchaser Bball be ~d pend.:iIlg <br />delivery oi' the bonds s.n.d. ~m of'the f\ll1 ~ price tb.ereoi', s.n.d. <br />the Clerk ihall fortl:1'w1.th return the <Ule<lks of other b:l.dders. <br /> <br />The notion tal.' the ed0Ption of the foregoing resolution was duly <br /> <br />Gccondeil by <br /> <br />Trustee Olmen <br />-J. <br /> <br />and upon vote be:lJ.1S taken thereon, the <br /> <br />follOlrl.llg v'01;ed in fi;:,rar thel'eaf: <br /> <br />All <br /> <br />and the fol1.ov:l.nl!: voted ~t the S8,lOO: <br />whereupon Sl:rl<l reso.1.u:tion WM dec1ered duly :passed and ado"pted. <br /> <br />Notte <br /> <br />. <br /> <br />T~tee Kennedy <br />and :moved its at'J.qption: <br /> <br />then 1ntrodu.ced, the 1'o1lo;r1ng ~\'lo.1.ution <br /> <br />RJi8OWl'100 AUmORIZING S lSS'l1AliClJl Qi' llQNIlI <br />'l'O FINA.NCE SJIN'ITARX' SEloIlm ~ NO. 4 <br />AnD !EWl1'l1.TfUITl'D THE FOllM AND ~ 0i'$400,000 <br />SllNI':1'ARI SIWER IMPR01l'EMl!M' ooNOO, SERIli3 D <br /> <br />BE IT ro;;sOIi/ED by tb;, Council of tlv~ V:!.J..lage of .Arden UUle:) <br />1.lill1lescrlJa) 0,$ f\j.llow;:;: <br /> <br />1. .'1't:le V:I.ll..aSe ha$ U<J resol.ution ~ by 'tbis ~il on <br />Nau25;196P,ai'ter notice I)Ud hellril:lg as pl'eGcribed by 1!Qf, ardered the <br />construction of' a loca.l,".prov<~~.r:t p'Jr01.llil1lt '1;.0 end in t>Ccordauce with <br /> <br />. <br /> <br />.2- <br />