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HomeMy Public PortalAboutMinutes - 8/14/1958���� BE IT FURTHER RESOLVED, that at said time and place hereinbefore fixed for the sale of said bonds, this Council will hold a public hearing on the matter of the issuance of Sewer Revenue Bonds and Sewer Construction Bonds, at which time and place the Council will hear any objections offered to the Town's issuance thereof, and the Town Clerk is hereby directed to publish notice of the issuance of said bonds, said Notice to be published once at least ten days prior to the date fixed for said hearing. 9 PASSED AND APPROVED this 2$th day of July, 195$. ayor ATTEST: o����rn Cle: k�� i. is # # .. ��: ��c .. # # ',: ;: :. Wellsburg, Iowa, August ll��, 195$ The Town Council of the Tovm of Wellsburg, Iowa, met in Special session in the Council Chambers in the Town Hall at 1:00 o'clock P.M. on the above date. There were present L. J. Groninga, Mayor , in the chair, and the following named Councilmen: Neil O'Kones, Mayo Tjaden, Lester Huisman, H.L.Luwe. Absent: Alfred Meyer. =,3��,--,����----------- ------- - The Mayor announced that this was the time for public hearing on the matter of the issuance of ��30,000.00 Sewer Revenue Bonds and ��50,000.00 Sewer Construction Bonds, and asked whether any written objections had been filed. No oral objections were offered and the Town Clerk advised no written object- ions had been filed. This also being the time and place for the opening of bids for .the sale of said Sewer' Revenue Bonds and Sewer Construction Bonds, the meeting was thrown open for the receipt of bids for said bonds, -,.The following sealed bids were received, and not opened; ��y30,000.00 SEWER REVENUE BONDS (1) Shaw McDermott do Co. Des Moines, Iowa; (2�� Banks of Grundy County, State of Iowa Representatives: Dale Bee -Grundy National, Grundy Center and G. H. Ballard, People's Swings, Wellsburg, Iowe��; (3) Carleton D. Beh Co., Des iKoines, Iowa ��50,000.00 SEWER CONSTRUCTION BONDS (1) Shaw McDermott & Co.,Des Moines, Iowa; (2) Banks of Grundy County, State of Iowa Representatives: Dale Bee -Grundy National; Grundy Center and G. H. B��1:ard, People's Savings, Wellsburg, Iowa ���� Open bids were then called for and the best open bid received was as follows ��30,000.00 SEWER REVENUE BONDS - None ��V50,000.00 SEWER CONSTRUCTION BONDS - N'one Whereupon the sealed bids were opened, and the best sealed bid was as follows: ' ��30,000.00 SE'��.]ER REVENUE BONDS Banks of Grundy County, State of Iowa, Interest Rate: 2.9��; Premium: ��30.00. ��50,000.00 SEWER CONSTRUCTION BONDS Banks of Grundy County, State of Iowa, Interest Rate: 2.75��; Premium:��50.00. Counci Lean Lester Huisman introduced the following Resolution and moved its adoption. Councilman Mayo Tjaden seconded the motion to adopt. The roll was called and the vote was, AYES: Neil O'Kones, H. L. Luwe, Lester Huisman, Mayo Tjaden NAYS; None ABSENT Alfred Meyer Whereupon the Mayor declared the following Resolution duly adopted; RESOLUTION DIRECTING SALE OF `��y30,000.00 SEWER REVENUE BONDS AND ��p50,000.00 SEWER CONSTRUCTION BONDS OF WELLSBURG, IOWA. irtHEREAS, pursuant to notice as required by law, bids have been received at public sale for the following described bonds, and the best bids was as follows: $��30,000.00 SEWF��R, REVENUE :BONDS Banks of Grundy County, State of Iowa Interest Rate: 2.9��; Premium: ��30.00. $��50,000.00 SEWER CONSTRUCTIONi BONDS Banks of Grundy County, State of Iowa Interest Rate: 2.75��; Premium ��50.00. NOtitii, THEREFORE, BE IT RESOLVED BY THE TOP7N COUNCIL OF THE TOWN OF 6'e'ELLS- BURG, IOidA: Section 1. That the said bid is accepted as follows: ;��30,000.00 SE4��TLft REVENUE BONDS Banks of Grundy County, State of Iowa Interest Rate: 2.9��; Premuim: ��30.00, ��50,000.00 SE��tJER CONSTRUCTION BONDS Banks of Grundy County, State of Iowa Interest Rate; 2.75��; Premuim: ��p50.00. Section 2. That the form of contract for the sale of said bonds is 25 hereby approved and the i�tayor and Tovm Clerk are hereby authorized to execute the same on behalf of the Town. PASSED AND APPROVED this 14th day of August, 1p58. �� /�i!� �.. / _ . ATTEST: �/ • - Reg. Meeting Aug. � 1958 Mayor Groninga Presiding: Council men, Luwe-Huisman-Okones-Tjaden. Minutes of last meeting read and on motion by Okones second by Tjaden were approved. Motion by Luwe second by Okones to file treasures reports carried. Nearing on 1959 budget ryas he]_d at 8.00 P. M. � there being no .objectors council approved budget as proposed. Ayesa: Luwe-Tjaden-Huiaman-Okones. D?ayes-None. Absent -Meyer. Mayor declared budget addppped. Motion by Tjaden second by Huisman to allow bills, carried. Iowa Elec. Lite & Power..............Power and St. Idtes®--=-�-a�-� 253.52 Tom Hoekstra...e.....�a...............Labor--------a_®-Wza�__=d-_®-� 300.00 Post Master....s.A.......9.....<.....Supplies-__�,_g=�.�®_-s®_c�==�.®;� 2I�.80 Don B. Johnson.......... ®.. 9 n .r . a F, ... a .Paint Flag Pole®�-®�-_�-:-�� ���--� 30.00 Aeilt Terfehn.................. d .....Wages------____®_.�m,�_._�_s.�,-®_._� 188.50 Heiko G. Neessen......a.a:Pn...o......Wages--___®_m__�omo__v®®a®�,__ 2l�8.50 Water Paint & Repair.....m..�.w®®�...On contract----i___-v.�m�•��=�-�--•-�> 215.00 Paul Ray.................®,�.z...��...Road Oilmw=___.�=�,=mz_a�s_�____.-�213.00 Wellsburg Band Corp.,,.........E......Band Fund-®6y6-�®os®am�®�-�__-� 816.00 United Telephone........®............Toll Calls--=-_-s______d_®®®_;w 3.85 State Hyg. Lab....a�.......�y........Water Samples--_�.a=----s®_�-z-� 12.00 Shiloh Cem. Assn..,o.s�........�......Cemetery Fund---r-�-_-----@s�-� 227.36 Wellsburg Herald.........a... ...V....Printing-------®-�-�-6®�--_s_®�� 37 35 B. & H. Cities Service........®.....Gas & Oil------®_----J�so�--__� 15.06 Boeke Drug.................,:.........Supplies---------�-___®______� 3.55 Auditor of State............._ „ 9...Town Audit-���___•_�-==®_a=ma_-� 322.10 Iowa Natural Resources Board......,..Well Permit---®_om��=_�-_�ar-�®� 10.00 Hanson Construction...�..�.fP........U� Contract (Sewer Con. Fund)$9000.00 E. B. Spencer Con..........d.�,,.;o...,�.On Contract (Sewer Con Fund)$ 2227.50 Motion by Luwe second by Tjaden to adjourn, carried. erk ��'' y �