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Home My WebLink AboutMar 13, 1962granted upon payment|of the proper Paul Pettit (Skelly Serv.) Heights Auto~sh Mrs. Thea Easb'~ Advance Music .o.(Rocket Motion by King secon and Off Sale Beer an Avenue, be granted y March 26, 1962. The City Attorney reported on the tabulation of the Park Bond Bids. Whereupon a ResolutiOn was read awarding the Kale of Park Bonds to Barcus, Kindred & Co., base,upon their bid. Offered by King seconded by Nawrocki, Roll Calll- All Ayes. A Resolution was then read fixing the form and details~on Park Bonds directing their exec~tion and delivery, and levying a tax fo~ their payment. Offered by Orendorff seconded by King. Roll Call All Ayes. (Note) The above two resolutions were rescinded by action of the City Council on March 13th, at a special meeting, and resolutions were passed at that time awardin~ sale of Bonds to Mannheimer-Egan, Inc., and 'fixing the Form and-details~of the Park Bonds, directing their execution and delivery and levying!a tax for their payment. Minutes of the March 13th meeting are hereby attached. Motion by McCline seconded by Nawrocki, that the following licenses be fees: Roll Call 9 All Ayes. 4955 Central Ave. Gasoline (8) pumps 4423 Central Ave. " (4) " 4301 5th St. Cigarette 604 40th Ave. " Pizza) ' ~ed by Orendorff, that License applications for On ~ Restaurant, received from Abbie T. Kinnan, 4952 Central pon payment of the proper fees, and effecti%e as of Roll Call - All Ayes. The City Attonrey has been asked by the City Council to review our Beer Ordinances. The City Engineer was asked by the City Council to get a p~oposal of truck routes. The City Engineer stated he would like to call an informal meeting with Acres Inc., The Anok~ County Board of Commissioners, and the City Council, regarding Innsbruck., It was agreed to try and arrange a meeting on March 20th at 7:30 Motion by McCline seconded by King, that Roll Call - Ail Ayes~ Se--cretary to City CoUnCil the meeting/~:ourn at 1 A.M. OFFICIAL PROCEEDINGS S~ecial Meeting March 13, 1962 Meeting called to order at 5:25 p.m. Roll Call: Armstrong, King, McCline, Orendorff &iNawrocki. The purpose of this meeting is to correct an error in the awarding of bids for Park Bonds. 2. That bids were r~ceived'as follows: .... (~) Mannheimer'Egan~Inc. and Amer~cah National Bank of St. Paul, .~. CaldwelllPhillips Co., Sampair,Egan and Sch~ps~ - (b) Barcus Kindred and Co (c).John. Nuveen& C0.. .. (d) E.J.PreScott.Co. & Associates (e) J.M. Dain & Co.,Inc. -,..- 3. That~based on the apparent low bid submitted~'by BarcuS-Kindred ~'Co., a Resplution Was passed awarding the sale to them. 4/ That the bid of Barcus-Kindred & Co. contained an error in computation of interest and the effect of the error was to raise the net interest cost on the bonds, and, therefore, the bid of Barcus-Kindred &-~o. Was n0t'lsw. 5.. Now therefore, it is hereby resolved by. the City CoUncil of-the' City of Columbia Heights that the Resolution passed ~M~c~?t~,'1962, awarding the saIe of $325~000.00~Park B6nds to-Bafcus-Ki~dred C6. i~rescinde6 since the award was based upon a mutual mistake as~'~O the actual interest cost contained in-the bid. ' ............ ~ BE IT FURTHER KESOLVED~thatlthe%Re~ol~io~ awarding'sale 6f ~32~000J00 Park Bond to Ba~qus~Kindred~'Co. n6t be pubiishea. -'ROll Call -Aii~yes~' Motion by bIcCline seconded..by King, .that the Resolution adopted· March 12, 19621'by the qity Codn~il-of 'the City.of Columbia ~eights, fixing' the for~ and details-of 8325,000.00 Park Bonds ahd directing their execution and delivery, and levying the tax for their .paym_ent~be · rescinded. Roll'Call - A~i Ayes. ~ ~ ~ Resolution offered by orendorff seconded~y McCline, BE ~T RESOLVED bY the-City Council of.'the city of~Columbfa '~eights, ~innesota,. that · -bi8 of Mannheimer-Egan,Inc., ~merican National Bank of St.P~ul;~C~ldweI1- · Phillips Co.; Sampair,Egan'& SChaps to p~rchase 8325,000 Park BOnds Of the City, to be dated as-of February 1, I962, and~to be issued in accordance with a notice~ calling for bidS'there~n,' is-hereby'found and · determined to be-the bid m0st~favorable f~'the City, ~received~UrSuan~ to dme2advertise~ment.therefor~ and should ~e~and is hereby ~cde]$ted,~ said~' ~bidT~eing to PUrChaSe the bonds~at a ~ride of par plus ~c~ed iDSer~st, without premi~m~-~said bonds b~aring interest as follows: ~ · ~Serial Numbers Matu.rity Years' ~ Inter~t ~Rate- .... ..... 1~ 100 ,_~ ..... ~965-through 1970 2.70% 101 - 190 1971 through 1974 ' 3.10% ,~ 191 - 265 1975 through 1977 -- 3.40%-- ' 266 - 325 .... 1978 through 1979~ ~ 3.50% plus additional interest on-all ~bonds at ~1.50% per annum for the perSod from May 13, 1962 to February 1, 1963, to ~e ~videnced by separate .Coupons on each bond, sUch-doupons to be 'in the am~ount of $3.25'.due On" .August 1, 1962 andeS7.50 d~e on%~ebruary T, 1963.. · . BE IT FURTHER RESOLVED that the Mayor and city Managerii'a~e' authorized ~and directed to endorse their' adceptance bn s%id bid and 'a ~copy 'thereOf, and to return each copy t6 ~he'.Successf~r bidder. The gbod'Taith Check of-Said bidder shall be retained'by th~ Ci~ty Tre%surer 'pending compI.etion and delivery of the'~bonds, and-~the good f~ith, ehecks of o~ther~bidderS ~hall be forthwith returned to them. ~ Roll ~a!l - All'Ayes. Resolution o~fered~by McCli~e seconded by Dr~ndorff, Fixing Fb~m details of 8325,000 Park BondS~ directingS'their executi0n.~hd delivery, ~and levying'~a ~x~or~their~Payment. ~RO~ Call - Ai~ AyeS. ~ (Copy of Resolubion attached) Motion by McClime seconded by King, Roll Call - Ail Ayes. Secretary to City Council that the meeti~/a~djourn at 5:40 p.m. ~ MAYOR- ~ OFFICIAL PROCEEDINGS Regular Meeting March 26, 1962 Meeting called to order at 8 p.m. Ail members present. Motion by McCline seconded by Orendorff, the minutes be approved as presented, with correction of date in resolution dated March 13th, rescinding award of bid to Barcus-Kindred Co., and reading of minutes be dispensed with. Roll Call - All Ayes. Motion by Nawrocki seconded by Orendorff, that the following bills be paid out of their proper funds: Roll Call - All Ayes. Payroll Account Postmaster Lynn Johnson Co. Ed. Phillips & Sons Co. Griggs,Cooper & Co. Extra Payroll A & A Hardware Adelmann Engine Re-Bldrs. Auto Elec. Supply Co. Burroughs Corp. Capitol Electronics The Carney Co. Cash Register Sales ~oast to Coast Store Columbia Heights Body Shop Demco Library Supplies Doubleday & Co. Inc. H. J. dUMPHY Agency Field Enterprises Educ. Fire Rescue Supply Follett Library Book Co. Gallaghers Service Gaylord Bros. Inc. General Book Cover & Sup. Gopher Glass Co. Gopher State Oil Co. Heights Shell Service Houser Corp. Margaret Idziorek Internatl. Bus. Machines " Salt Co. L.B. Keeling A.C.McClurg & Co. Midway Ford Co. 24,551.38 90.00 214.16 127.05 321.14 91.12 31.50 41.84 13.45 178.00 31.00 458.14 256.75 84.62 16.00 13.62 126.00 248.65 512.21 106.99 461.10 4.82 1,000.00 119.95 27.~ 38.84 97.42 3.00 135.20 11.60 35.00 291.22 90.00 109.23 4.70 Mpls. Gas Co. Gladys Miller, Treas. Mpls. Star & Tribune M. Court Petty Cash Bruce Nawrocki N.W. Bell Tel.co. A.W. Paulson H.A. Rogers Co. R.H. Payne & Wm. Gray Riebeth Welding Sup. Co. C.R. Sonnenberg St. Paul Book & Stat. Co. Twin City Testing & Eng. M.O.Watson Williams Hardware H.W.Wilson Co. A.A. Battery Brunswick Corp. Park Petty Cash Otto W. Dunemann Farnham's Charles Ganzer Heights.Electric Johnson Paper & Sup. Mobile Lock & Key Shops Seven-Up Bottling Co. Jacob Land ~narxh Chemicals, Inc. National Cash Reg. Co. Francis Roach Seven-Up Btlg. Co. Recreation Bills 136.27 8,240.31 18.20 15.27 13.95 832.95 266.66 52.11 234.51 35.38 372.75 210.50 29.02 112.00 14.20 17.25 122.06 20.00 12.00 4.25 87.91 8.98 1.65 8.60 15.00 11.40 14.45 23.09 12.60 18.60 9.97 54.00 99.20 142.87 391.54 TOTAL $41,602.45