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<br />:):~:~ ~ti() :-: ~~r'l.i ~.t.~,,,:'::
<br />
<br />Regular meGt:i.!'1~ oJ: (.ho V:tl1;' 8(:; l·'Oè'.nc
<br />
<br />;; :J;.,.:t,,~:;;·.:::;;:' ~,195a ~
<br />
<br />[\:.8
<br />
<br />';"-..... V~llage CO".......·¡..¡ In""" 0,.. +~'" ::>rv".:t'" rh¡t" W·ith '>i'> '," 'i'O-11....,,~'1''J YI''''''''b''''·'''
<br />.Ll1~ ..\' 'i.L.tl\.ooo...,.. ,......,.... 11011. ,;1.......... ~t.--u', ,-J,~... -J ......J. ~..J........ of..'>;'J.J.A. t, -, ,-.....011. t....Á t.~
<br />present; Cedarholm, Ha1rml61'st~~n, iJ:rmmHn:ì Carlson <1110 MC.GØC:L, ~~ngineel'
<br />Soutter was ~lso present~
<br />
<br />Ca.:r·lscn Moved" Brennafl ~~~(;OrH'!+.~d t.h<1t the r.'1iml'Ì:,!':!B oi' Oc;~obw..' 7, 19581, be
<br />~\ccepted as corrected" RolJ. CtÜl,~ J~ye13 (~1)·,N<\:n5 (0), .
<br />
<br />ß;,":O .,
<br />
<br />mNUTES
<br />
<br />Hmmnersten Moved) Carlson ~}E,con.dt)d '::hat bids be opened for ·;~l:t(lr')OJOOOQOO BOND BIT
<br />~ . bo d ~ S nit S ,r ) p 'f If' )". ( c " ¡.T { 0)
<br />......"1 n S.Lor a tJ.ry' ewE':;' nO" :.c' ..0_. ....D... l~ llYCS .:J}""~.ays, " .....¿?
<br />/~o(
<br />
<br />One bid was received fX'Om il ßyndieat.e of fi:fv:!en ð.:Lffe¡"ent. bidders woo
<br />were:
<br />
<br />First National BEmk
<br />Amer ican Natior~,aJ. Dank
<br />Allison-ìolilli",¡¡\s ':,;0"
<br />J. N. Dai n
<br />JUl"&l & Mood:;r
<br />Kalman & Co"
<br />Pain) Webberi) J~<:~ks()n ¿:~ (>(~x·ti~~
<br />John ~h.lveen & Gç".,: IrK':"
<br />Piper, J affra;¡r & HOp~iocd
<br />!1annheimer .. Egan" Irl(; <,)
<br />McDouga.l & COndOl\~ ~:nc
<br />E. (). P:rescatt, & ,::() (;
<br />ShæJ.ghnessy (~ C0~j! In..::,.
<br />Harold E. r.rooã:1. Co.
<br />., Caldwell, PhiHip8 Co.
<br />
<br />There bid was tor bonds 1960 ", :t9',:9 [di I.f}'> pJ:iÃS lß7S% :t\)l~ F(~b1"UBr:{ 1, 1959
<br />to J.1sy 1, 1.960, with extrf¡ (:(/..'pom·~. A ~~2(),OOO,OO c~.shier1 scheck wa.e re-
<br />ceived with bid"
<br />
<br />Brennan Moved, Carlson S(')cr)[H1Gd t;:'f.,¡t:;[¡or, nbot?t?I¡;Lc; ;:,e 'tcc:ept(:(;Q R.oll Cn)'1.
<br />Ayes (S)oN~s (O)=
<br />
<br />Hamnersten Moved, Carlson Seconded t.hat fleaolut:ì.on !],o,., 22~ be adopted
<br />combin1ng aU sinking fund!;;\ for ~¡ewe:r cons tructiol1 :tnt,') one sinking fund ~
<br />Roll 04119 Ayes {,)...Nays (0) u
<br />
<br />RESQ" #~.
<br />SINKn¡C
<br />
<br />A letter tran Peterson & Popovich was mad advising that the offer from SERI&S ¡'
<br />Mr.. Smder to sell ';2$~OOOoOO~ Series A Bonds il''1 'tho 1962 .~ 1968 range
<br />was sati8tactoryò He suggested we buy them back at the following rate'
<br />Bonds maturing 1962 .. 1964 at par; Bonds 196$ ... 1966 at 99 and Bonds in
<br />1967 and thereafter at 984 The council requested Mro Popovich to contact
<br />Mro Sander and see if' he ,Till be able to sell the bonds at rate suggested
<br />by Mr.. Popovich.
<br />
<br />Brennan Moved, H8!1mersten Sdconded tM.t tœ following Resolution Noo 223
<br />be adoptedo Roll Call, Ayes (')..Na.ys (0)0
<br />
<br />....:--'-''''.:-
<br />
<br />RESOLVED - That the Village Clerk be authorized in aocordance
<br />with the report of Peterson & Popovich to purchase
<br />$1.000...00 bond, Noo 428 fran Smithp LaHue & Co.. at
<br />
<br />CJO ...-.1 -......._._...1 .:_...__.-._~_
<br />
<br />n·_______L..~_ .....____..2 .._fI!___ ~._____...J_...I ...t..A.a. '0__""..111..."'.,..,,,.. T\T^ ?~11 ~ .D"^"+~" 1'\1"1
<br />
<br />RE50.. t1~~:
<br />BUY BŒn
<br />$ljOOOci
<br />
<br />R'F.~O_ II>;;
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