HomeMy WebLinkAbout1925-10-09 (Regular) Meeting Minutest-
ADJ traJijID i\?Xl-ULAH ~fl~iG ul!, THK CITY COUllCIL uF THE CI1Y vb, UGL&WOOD, COLOBADO,
THIS PBIDAY,0 CTOB~ 9,1926,A. D.
~or John Simon called the meeting to order and asked for roll call.
ROLL CALL:
Bullen Present,
.lloCord Absent,
6 Present
Cavender Present,
Norris Present,
One 4be8d t
Lemon Pree en t,
Winkler Present.
~or asked Cl•rk to read all bids on Bonds for Hampden •venue Faving Diatrio' •o.l,
alao ••'•r Kain Dietrict ~o.l.
Clerk read all bide as follows:
Honorable ~or and Cit7 Council,
Cit7 of 3nglewoo4,Colorado.
Gentl•en:
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Hundred and lort7 Thousand Dollars Ct2•0,000.) Water Kain sireet D1etr1o' Bo.l.Boa•e,
AS per 7our official statement and Notice of Sale,for approxima•el.7 two ·1
and approximat•l.7 Thirt7-four Thousand Dollars (~4,000.) Hamden Avenue PaTiJIC »te•rio'
Bo.l.Bonde,bo'h being epeoial improvement districts of the Cit7 of lngl .. 004,0olo~ .. o.
whioh 7ou offer fpr eale on October 9th,1926,bonds of both iseuee being date• Sept .. ~
lat,1926,being due on or before September lst,194\,bearing eemi-annual 1n,ereet,-.0'1l
prinoipal and interest being p~able at the office of the Gi•7 '!reaeurer,Ball..,004,
Colora4o,or at th• •1ret Bational Bank,Denver~~~!oraclo, at the opti~n of '1l• laelt•••
Lbonda to be in th• denomination of t1,ooo.or tNKJU•••oh,we •111,upon delivei'J' of aai•
~onde to ua,p~ 7ou ae followe: .
GBOUP H0.1-Both Issues.
'of
Por bonds bearing interest at the rate of 4'lf per annum,t920.05 for eaoh t1,ooo.
bond a.
•or bond• bearing interest at the rate of ~ per annum, t952.60 for ea oh t1.·ooo.
Of bond a.
' .,or bonds bearing interest at the rate of It' per annum,t989.0l for ea oh t1,ooo.
Of bond•.
.,or bonds bearing in,ereet at the rate of 6% per annum, t16o1.10 for eaeh tl,000.
Of bon4e.
GROUP B0.2-WATER DISTRICT HO.l
•or bonds bearing interest at the rate of ~ per annum, tg21.oo for eaoh •1.000. of bonds.
•or bonds bearing interest at the r~te of ~ per annum, t964.IO for eaoh •1.000. Of bon••· interest at the rate of for eaola •or bonde bearing 6~ per annum, t990.101
•1,000. of bonde.
•or 6~ bonds •1001.10
GROUP N0.3-lWlPDEN AVENUE PAVlllG DISTRICT NO.l.
.,or bonde bearing interest at the rate of ~ per annum, p30.0l for eaoh t1.ooo.
Of bond a.
Por bonds bearing interest at the rate of ~ per annum,P77.i0 for eaola ti.ooo.
Of lK>nda.
ror bond• bearing interest at the rate of 6~ per annu, t99l.601 for eaoh ti.ooo.
of bond•.
•• will aleo PSI' aoorued interest from date of issue to date of del1••17 and
furnish our oppinion and blank bonds. • • Honorable ~or and C1•7 Counoil,
Bnglewood,Colorado.
•• will exoept delive17 of these bonds on eatimatee of the eng1Deew J'1• the work progreaaea.
Prior to the issuance and delivery of the above meniioned lton4e ti
ia unreretood and agreed that 7ou are to furnish us with a oomplete certified 'ran•oript
of all of the proceedings had and taken in connection with the iea11&11ce of ihe•e '°n4•,
evidenoing their legalii7 to the satisfaction of our attorne7a.
Thia bid is for immedia•e acceptance onl7.
liespeotfull7 submitted,
UlfITED STATKS BATIOBAL CO.,
BBliRY WILCOX • SOB,
G~,lllEBY,VASCOICILL8 •CO.,
B7 Gq.y B.Grq.
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PROPOSAL.
Honorable ~or and Cit7 Counoil,
Jrasl .. ood,Colorado.
C:entlemana-
£• per 7our notice of sale for tl60,000,more or lees,legall7 ieaued and
eseouted Looal ImproTement Bonde of Water Main District No.l,with full number of
ooupona at ....... ,of the Cit7 of Bnglewoo4,Colorado,which 7ou offer for sale on
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~otober 9,1926,aaid bonde to be dated as soon as legall7 possible,to be due on or before
'1r•D'7 (20) 7eara from date, bearing a semi-annual interest, both prinoipal ant 1D•ereat
•o '9 made ~able at the office of the Cit7 ~easurer, Bngl .. ood, Colorado, or at
ao.e '9Dlcing 1Datitu•ion in the Cit7 and ltate of Bew York, bonds to be in the
denc.iDation of t6Qo.oo each, we will, upon deliTer7 of said bonds to ua, P&7 70• aa
follow•:
•or boD4a bearing intereet at the rate Of ~. t960.02 for each t1,ooo.oo Of 'onta1
hr bond• bearing inter eat at the rate of ~. t966.90 for each t1,ooo.oo of 'bonta:
•or )Onda bearing interest at the rate Of ~. t9&2.90 tor ea eh t1,ooo.oo of bon4a; ,.
•or bond• \earing intereat at the rate Of 6~, P96.30 for ea oh •1.000.00 of bon4a;
We will also P&7 aooured interest from 4ate of issue to date of 4el1Ter,, ant -.r•• \o aooept the 4•11T•l7 of aaid bonds on estimates of the Cit7 aJliDeer •• the
wort Pi-osr•••••· ·
We turther agree to furnish the blank bonds read7 tor exeoution, and P8" our
own atto11197e feea.
Prior to th• iaauanoe and deliTe17 of the aboTe mentioned bonda, it la
anteratood and agree4 that 7ou are to furnillh ue with a oomplete oertlfied traaaoript of
ala• prooee41Dga hat and taken in oonneotion with th• isauance of these bonda, eTidenoing
.tlleir l .. al1t7 to t•e aat18'aotion of our attorne7s.
1'h1• bid ia for immediate acceptance on17.
Bespectfull7 aubmitted,
Sidlo, Simone, D~ • Co.
ABTOBIDES • OOJIP.AllY B7 s. D. Lawar7.
PROPOSAL
Koaora•l• .._,or and Cit7 Council,
Bnsl .. oo4, Colore.40.
Gen•l•en: •or approximat•l7 tlti0,000.00, 6~ Bnglewood Water »iatrict Bo. l bonda an4 tao,ooo~oo,
~ a:.g1 .. oo4 Ballp4en ATenu• PaTing Diatriot bonda, to be dated September 1, 1916, to ._ tu• an4 ~· le on or \efo.. aa14 •onta •o '8
a :r.•lal o•li .. tiOD Of the retpectiTe dietriots, but to \e guaranieed '7 the Cii. Of a., .. oot, 'o '8 ••11Tered to ua, accompanied b7 oertifie4 •Titenoe of their 1 .. al1'7 in
fona aa'l•tacto17 \o Pershing, ~e, tallmadg• and Bo8Worth of Denyer, Color.to, 1D
aai\a\l• denominationa, •• will upon their deliT•~ pay 7ou at the rate of tlll.1•
for eaeh •1000 of bon•• 4el1Tere4, plus aocurecl intereat.
Ihle \14 ia ma4e for 7our i111De4iate consideration and aooeptanoe with th• undera•aad-
iJIS that aai4 bonda, if awarcled to ue, •ill be del1Tere4 as aboT• oalled for witho•t
aialae or aDDeo••aal7 del~.
Beapeotfull7 aubm1tte4, this the 9th day of Ootober A. D. 1925.
Honorable ~or and Oit7 otN:ncil,
ang1 .. oot, Colorado.
Gentl•en:
PROPOSAL
GEO. W. VALLERY & C014PABY
B.1 Dan w. haneia
.la per 7our otfioal statements for 7our approximat•l.7 •100,000.00 Water Malla
Diatriot •o. l and ... pden ATenue PaTing Diatr1ot Bo. 1 i.,all.7 1aaue4 bon4a, wlUl full
n1111'8r ot eou~Dd• attaohed, dated ae aoon aa legall.7 poaai•l• 4u• 1D 22 7eara, op•toaal
~ \lae, in '600· denominattone, deliTered to ue in DenT•r free of exohana• aa4 eolleot-
141'1 ebars••, •1th prinoipal and interest p~able at the Cit7 treaaurere offioe or•' '1l•
ltankiJIS Jaouae of X01Ul•se Bro'1lera, Bew York Cit7, we agree to P&7 aa followa:
, l .... )Onda \earina 6. intereat -t99•.60 for eaoh ti,ooo. bond, plaa
ae..r .. 111\ereat frOll date ot ieaie to date of del1Y•l7·
Boat• to \e parantee4 '7 the Ci't7 ot Inglewood.
It 1• un4eratoo4 'hat '11• bon4a will 'be aooompanie4 'b7 final approTiilg opilaioa
of oar ••tornqa, Keaara. ~•rahing, -·· 'l'alllaa41e • Bo8Wor'1l. •• -.r•• •o pq tor tll•
\onta when del1Tere4 and approved b7 our attorne7e, an4 7ou 881"8• to pramptl.7 tel1Ter
Ul~ legall.7 1aaue4 bonda ae above proTided.
Beapeottull.7 lu'-nitte4,
UDBLL • OOllPill,
BJ' Gerald L. lelalea .. an.
PROPOSAL
Honorable ~or and Ci'7 Council,
laglewoo4,Coloraclo.
Gentl•en:
ID oonneo,ion with 7our issue of approximately tl66,000. Water Kaili ~•~1•• ••.l Bonda and approxiaatel.7 t30,ooo. Hampden avenue Paving D1••rio• •o.l Bo .. a.•o ..
da,ed aa aoon aa legall.7 poaaible and to be due on or before 22 7eara after ta•e,w1'1a
full D1111ber ooupc)na a•tached,bearing interest •' the ra'• of 6. per anDlDl,p~a'l•
aem1-annuall7,both principal and interest to be made P&7able at the offioe of th•
Ci,7 treaaurer,Baslewood,Colorado,or at the Banking House ot ~01Ul,se Brothera 1a '1l•
lj~ an4 St•'• ot ... Iolllc,at the option of the holder, bonds to be in denom1Da•1oa
or 11,000.eaoh,•• will ~ you,upon delive17 of eaid bond• to le.~91.41 for ''!I
fi.000.of bon•• ia81le4,and accrued interest from the date of the (;n4a io 4aleC>
elr leilve17 \0 ua. • •
Prior 'o •he iaauanoe and delive~ of •he above mentioned bonda,1• 1a ·11n4er•
atoo• and -.ree4 tha• 7ou will furnish us with a complete certified tranaorip' of all
prooeediDga had and •a1t•n in conneotion with 'h• iaauanoe of •heae bonda,ev14eao1.Jlg
their legallt7 to th• aatisfaotion of our attorne7s,Kesars.Pe•ahing,l17e,falllladge •
Boaworth,whoae opinion 7ou agree to furnish. -~
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I' 1• further UDderatood that these bonds are to be unconditionall7 guaren••et
b7 ordinance b)' \he oit7 of Alglewood,oertifioate of which ia to be pr1n,e4 on each
bon•.
Should '11• Clt7 be unable to deliver all of the bonda at on• time,we •111
take Hid bond• in inatallmente in acoordinance with the Cit7 Bnglaeer'a •at18ate
... e aa the wort is completed.
HOFOSAL
Reapect:fll•l.7 submitted,
Amerioan •ational Co.
Donald J.Brown • COIDp8lJ7
B7 Donald 1.Brown
President.
Honorable ~or and Clt7 Council,
Eafl .. ood,Coloraclo.
Gentl•en.
lo• approximatel7 t2oo,ooo.oo bonds of &nglewood Wa,er Kain Dletrio' Bo.l,
an approximatel.7 tzo,000.00 paving bonds Hampden Avenue Paving Diatriot Bo.l~ot 7our
oit7,4ated aa soon as legally possible,with lawful maturities,prinoipal and ..-a .... ual
interest ~able at the office of the Cit7 Treasurer,or at aome bank in the Gitsoot
... York,•• will,upon 4elive17 of these bonda to ue,in legal foJ'll sa,iafaoto17 'o our
•¥orne7a, PAY YOU A8 10LLOW8:
• 1. ror ~ interest bearing
ot bonds.
bonds, at the rate of t4J60.00 tor eaoh tl,000.
2. lor 5'i'J' interest bearing bonds,at the rate of t981~86 for eaoh tJ,,000.
ot bon4a.
3. lor ~ interest bearing bonds,at the rate of t967.69 for eaoh tl,000.
of bonds.
4. lor 6~ interest bearing bonds,at the rate of '997.50 tor eaoh fl,000.
ot bonds.
ID each ina\ance we will pay accrued interest from date of bonds to la'e of
delive17,and we will also furnish the blank bonds ready for aignat~re and wl'l ~ 'he
ooat of our attorne7s opinion.
Your •oard agrees to promply take such steps as neoessa17 to assure lelive17
of the bonds to us under the above terms without unnecessary del~.
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Thia bid is for immediate aooeptauce •
lieapectfully submitted,
BOB'!TCHER & COUPAJIY,
B~ B.W.Willard
PROPOSAL
Honorable Ua¥or and Uembers of the Cit7 Council,
aa,1ewood,Colora40,
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Gentlemen: ..
for 7our legally issued bonds in the sum of approxima•el7 t3<),ooo.ot Ballpclen
Avenue paving District Bo.l and your legall7 ieaued bonds in the sum of approximately t100,ooo of Water Kain District No.l,both of the Cit7 of Englewood,Coloraclo, .. 14 lH>nla
to be dated as eoon as legally possible, to be due and P81'able twent7-,wo 7eara from their
date,optional for redemption &D7 time after date,interest P&7able eemi-annuali,,•otb
principal and interes• P81'able a' the office of the City Treasurer or a• aoae ltelakina
1Da,1tution 1D the Cit7 and State of ... York,wi~ full number of ooupona a•.-.eJaet,
1D lenominations of t600.00,we will ptq 7ou,upon delivery to us in Denver,Ooloraclo,
free of exchange and collection ohargea,as followa,to-wit:
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ror ~ bonda t94B.24 for each $1000. of bonds.
•or 5~ bonds tge5.50 tor eaoh $1000.ot bonds.
ror ~ bon4s f99l.08 for eaoh tlOOO.of bonda.
•• alao agree to pq accrued interest from date of the bonds to 4a•e of 'h•i~ deliTer)'
to ua.
Prior to the deliYe17 of the bonds to us,you agree to furnish us with a oartitied
tranaoript of all the legal proceedings had and taken in oonneotion with the i&all&Doe
ot th••• bonda.
, I• .. ree to ~ for the approving opinion of our attorne7a ani also to fllJ'lliaa
the blant bonds read7 for 7our aignature,free of charge to you.
You agree to adopt such prooeedings and take such etepa as our attorne7a direct
1D order that aaid bonds mq be issued and delinered to us without undue or 11DneoeesaJ7
dela_J,aooompanied b7 eTidenoe of the legality in form aatistaoto17 to our •'torn97e.
We agree to~ for the bonds when delivered and approved 'b)r 1 our attorneys and
7ou .. ree to promptl7 deliYer the legally issued bonds as aboYe t•owtdedJ.
1Alderaan Bullen KoTed )
Reapeotfull.7 submitted,
PBCX-BROWlf • COKP.AliY,
B7 J. P. Oolbuni.
CaTen4er 8eoon4ed) ftat bids ·be referred to finance Commi·ttee and 01 t7
A''ornq.
ROLL CALL:
Ballen qe,
lloOord Abaen,,
I qea
11.Qor
CaTender qe,
lforris qe,
l Absent.
so ordered.
L•on qe,
Winkler qe.
11.Danoe OOlllllittee reported that all bids had been oarefull7 esamined.
Ald•Z'll&D Winkler UoTed )
OaTender Seconded) That all bide be reJeoted.
ROLL CALL:
JMllen qe,
lloOorcl Abaent,
1 qe
Alderman Winkler Moved )
CaYender lfq,
Borris liq,
4 lfqa 1 Absent.
Motion lost.
Lemon lfQ,
Winkler •v·
L .. on Seoonded,) Illa~ the bid
aoa,;~ .... r'7,Y&aoonoella • oo. 8ullllittecl
Boll Gall:
of United 8tatea lfational Co,Bea17 Wiloos •
bJ Grq B. Grq, be aooepte4. +-
.. llen •Q,
lleOord Abaent,
2 qea
CaYender qe,
lforria Jlq,
3 lfqa
Motion loat.
L•on BQ,
WiJlkler kl•·
· Alderman •orria MoTed,)
Winkler Seconded,)
Ooaaoll,Counoil a4Journ.t
That there being ne further buaineaa to come before 'ke
BOLL O.ALL:
Ballen qe,
lloCon Abaent,
6 qee
11&7or
CaTender qe,
Borris qe,
1 Absent.
so ordered.
Lemon qe,
Winkler qe.
MiJhaia of AdJourned Regular Meeting .of the Cit7 CoUDoil of the Cit7 of 11Dglew9Jl•,Oolora4o,
Ulla ttll 4q of Ootober,~. D. 1926.atand approTed aa 4 "4 Jthie 11 clq of &Id,
1911, A. D.
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