HomeMy Public PortalAbout19600718 N
34
Re ular Meeting, July 1.8 1960
Mayor C. Forrest Whaley in the chair.
) Councilmen Present: Councilmen Condit, Dorr, Fisher, Hager, D. Jobd,
R. Jobe, Kliegel, Scrivner, Vanderfeltz. 9
Councilmen Absent: Councilman Willcoxon. 1
i
A quorum was declared present.
Minutes of the last meeting were approved.
A letter was received from Cletus Jansen, 308 Benton Street, j;
! requesting permission to the sewer line by extending it 150 feet weft
I
on Lee Street by private contract. !!
The request was granted.
A letter was received from Mrs. Orval L. Turner, 1424 St. Ma,'ly s
l Blvd. desiring to operate a Beauty Shoppe at 1515 St. Mary' s Blvd.
The matter was referred to the Planning and Zoning Commission.
Bids were received for the purchase of a car for use of the
Police Department as follows:
Smith Ford net to City $1099.70
Riley Chevrolet net to City 1137.03 is
i The bid of Smith Ford was accepted.
;! Bids were received for the purchase of a Street Sweeper from !
`;Ithe following Companies.
Machinery Inc.
,I
,( Bublitz Machinery Co.
0. B. Avery Co. , Inc.
On motion of Mr. Vanderfeltz, seconded by Mrs. Fisher, the }
Ibids were referred to the Street Committee for study.
The Street- Committee was requested to meet- July 25th at
' 7: 30 p.m.
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i On motion of Mrs. Fisher, seconded by Mr. Dorr, the City Clerk
Iwas instructed to advertise in local paper for bids on the rental of
the first floor and basement of the City lull I3uil.ding, contingent
,upon the installation of an elevator. The City Clerk to work with
ithe Building and Grounds Committee on the matter.
On motion of Mrs. Fisher, -seconded by Mr. Scrivner, the City '
;Attorney was instructed to rewrite the ordinance concerning the
,jparking of boats in lieu of the Ordinance which was vetoed by the '
;Mayor.
Request for a fire hydrant-on�Jobe Street was referred to the
''Water and Light Committee.
!i Mrs. Fisher reported that Mrs . Arbuckle had complained of dust
'Ion Lafayette and on Jackson Streets
it
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Mrs. Fisher reported that gravel collects on the street at tt;e
,northeast corner of Cardinal Street and Bald Hill. Road.
fl The matter was referred to the Street Committee.
The matter of cars creating unnecessary noise by having open
;mufflers and also not stopping at stop signs was referred to the
Po lice Chief.
Mr. Kliegel spoke of the possibility of calling and paying
-;off some of our outstanding bonds and also drawing interest on bond
'money not in use.
The matter was referred to the Finance Committee.
i
Regular Meeting, July 8 1960
The matter of a blockade at north end of llilda Street was
referred to the City Engineer and Street Commissioner.
On motion of Mr. . Hager, seconded by Mr. Dorr. , the matter of
parking adjacent ot- the Ilighway 50 Expressway was referred to the
. Street Committee to confer with the Ifij,hway Department.
The condition at 1318 Major Drive was referred to the
. Street Committee.
The matter of blacktopping Nelson Drive from crest of the hill:
to Bald Hill Road was referred to the Street Committee.
The following polling places for the Special City Election
to be held August 2, 1960 were submitted to the Council.
IN THE FIRST WARD a
Precinct No. l - Capital Upholstering Co. , 631 E. High St.
Precinct No. 2 - Central Missouri Motors, 1001 E. High St.
Precinct No. 3 - Joe Schulte Garage, 200 Polk St.
IN THE SECOND WARD:
Precinct No. l - Wymore Apartment Bldg. , Basement McCarty and .,
Washington Streets.
Precinct No. 2 - Cole County Courthouse, Basement.
IN THE THIRD WARD:
't
Precinct No. 1 - N. 0. Nelson Co. , 308 Mulberry St.
Precinct No. 2 - Branson' s, 703 W. Main Street.
Precinct No. 3 - Sheets Apartment Basement, 1426 W. Main St.
Precinct No. 4 - West School, West Main St. and Dix Road.
IN TIIE FOURTH WARD:
Precinct No. 1. - Carpenter' s Building, Broadway St. & Dunklin St
Precinct No. 2 - DeLong' s Window Co. , 830 Jefferson St.
Precinct No. 3 - Southwest School., St. Mary' s Blvd.
IN THE FIFTII WARD:
Precinct No. 1. - Annex Central School., 31.5 E. Dunklin St.
Precinct No. 2 - Gulf Service Station, Dunklin St. & Clark Avd.
Precinct No. 3 - Johnny' s Market, 121.7 Monroe St.
Precinct No. 4 - McClung Park.
On motion of �Ir. Dorr, seconded by Mr. Vanderfeltz the above
polling places were approved and the Judges of election appointed
by the County Court for the Primary Election August 2, 1960, were
approved as the judges for the Special City Election to be held on
this date.
The motion was adopted.
The following report was received from the Parking And Traffic
Commission.
"After due consideration of matters referred to the Commission
by the City Council, and a matter communicated directly to the
Commission by the District Five office, Missouri State Highway
Commission, the following recommendations were made to the City Counci
at a special meeting of the Commission held on July 180 1960, at
10:00 a.m. in the City Council chamber:
1. (ITEM 68) That one-hour minimum, two hour maximu, five-cents-per=
hour parking meters be installed on the east side of the 400-block of
Madison Street, and that parking on the west side of the 400-block of
Madison Street be limited to two consecutive hours between the hours
of 9: a.m. and 5:00 p.m.
2. (ITEM 75) That a request by Atlas Heating Company for loading
zones to be established on Bolivar Street and West Main Street be
denied, on the ground that loading requirements would not justify
restriction of public parking in the areas considered.
X48
Regular Meeting, July 18 , 1960
3. (ITEM 56) That, as previously recommended to the City Council otf
March 21, 1960, which report was approved by Council, parking in th4
100-block of East Miller Street be restricted to the north side only
{ instead of the south side as at present. Mouses have been removed
from the south side and the only parking requirement for the present
, and the future is on the north side. I
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14. (ITEM 76) That ordinances be adopted implementing total
; restriction of parking for a distance of 200 feet north and south fiom
, the throughway crosswalks on the east and west sides of Monroe, �{
Madison, Jefferson, Broadway and Highway 50 West, such ordinances t
be effective as of the date of the opening of the throughway. This
recommendation pertains to a request from Division Five, Missouri
State Highway Department, as per letter attached and made a part of
this report."
On motion made and seconded the report was approved.
j The following report was received from the Planning and
; Zoning Commission.
"The City Planning & Zoning Commission has considered the
! request of O.A. and Edith Fuller to rezone Inlot 871 to the "C"
District. I
B a formal motion the Commission recommends that the re uesi
be approved and that the C District to the north of the tract in i
, question be extended to include Inlot 871 which is described as they'
Least side of Cherry Street from Dunklin Street north to the alley y
! with a frontage of 104 feet 4� inches on Dunklin Street.
The report was approved. !'
` The following report was received from the Planning and
; Zonin g .Commission i;
"The City Planning & Zoning Commission has considered the !!
! request of the Home Construction Co. , Inc. to rezone, from District j
+ ,A-1 to District B or District C, Lots 9, 10, 11, 12, and 13 of j
! Southwood Hills Addition, rezoning only the east half of those lotsi;i
By a formal motion the Commission recommends that the reques�'
! be disapproved and that the zoning remain in District A-1." i'
The report was approved.
}
The following report was received from the Planning and
,, Zoning Commission.
I�` "The City Planning & Zoning Commission requests thirty days
additional time in which to study the petition to rezone from
, District "D" to District "F" , the east side of Adams Street from
Miller S reet north to the next alley,!"
Re request was granted.
t
I The City lerk reported to the Council that as
y p , previously !'
d rected by the Council, he had mailed to all interested banks, bona
houses, and investment bankers in the State of Missouri and elsewhere
, printed copies of a "Notice of Bond Sale" in relation to Nine Hundred
; Thousand Dollars ($900,000) Public Improvement Bonds of the City of :
j,Jefferson, Missouri, as authorized at a special election held on toe,
; 5th day of November, 1957, and the Clerk further reported that to
each copy of the aforesaid "Notice of Bond Sale" there was attached '
a printed form of a "Proposal for the Purchase of $900,000 Public
l Improvement Bonds of the City of Jefferson, Cole County, Missouri,
land a financial statement of said City. The Clerk further. reported ;
! that the aforesaid Notice of Bond Sale was published in The Bond
jIBuyer, a financial ,journal published in the City of New York.
The �1 ty C1 (:r! rlirt-h ,)orted that, pursuant to the
;,aforesaid "Notice of Bond Sale," there were filed with him, at or
?before the hour of 8 o' clock P.M. , Central Standard Time, on Monday,';
the 18th day of July, 1960, eleven (11) sealed proposals for the
;purchase of said bonds, and the Clerk then and there presented said'
! sealed proposals to the Council. Thereupon, the Mayor instructed tote
Clerk to proceed to open the said sealed bids and to read the same {}
} aloud in the s nc hearing of the Council and of the bidders !
Regular Meeting, July
assembled.
The City Clerk then proceeded to open the aforesaid bids, which
(i
are summarized as follows:
ii
FOR BONDS BEARING NET AVERAG�
j INTEREST AT THE AMOUNT INTEREST INTERES
NAME OF BIDDER RATE OR RATES OF OF BID COST RATE I
The First Boston 1961-1969 3-1/2%
Corporation 1970-1972 3. 10%
; Chicago, Illinois 1973-1976 3.20%
S 1977-1980 3-'-% $9002325.00 $3689810 .00 3.232 X+%
helps , Fenn & Co. , 1961-1968 4%
.i
and Associates 1969-1973 3. 10% !
1974-1980 3-1/4%$9003,235 .80 $3731,109 .20 3.27% ,
i,
Halsey, Stuart & Co. , 1961-1964 4-1/2% 11
Jj Inc. 1965-1967 3% It
Il
Dean Witter & Co.
1968-1975 3-1/4% �
. S. Dickson & Co. , 1976-1980 3-3/8%
Inc.
ahner & Co. $900,241.00 $3801021.50 3.306 744
karris Trust and 1961-1963 4%
,. Savings Bank 1964-1974 3-1/4% !�
g
Commerce Trust Co. 1975-1976 3. 30%
Newhard, Cook & Co. 1977-1980 3.40% $9002007 .00 $3803278.00 3.33281+%
The Northern Trust 1961-1963 4% !�
Company 1964-1974 3-1,/4%
City National Bank 1975-1980 3-3/8%
& Trust Co. , $900, 189 .50 $380, 323.00 3.33324%
Kansas City A ;j
George K. Baum & Co.
Harriman Ripley & 1961-1967 3-1/2%
; Co. , Inc. and 1968-1974 3-1/4%
_Associates 1975-1980 3-3/8%$900,475.20 $3800662.30 3.33677.%
Drexel & Co. 1961-1.970 3-1/2%
tl.ewer, Glynn & Co. 1971-1974 3-1/4%
teynolds & Co. 1975-1978 3.30% {
Bankers Bond & 1979-1980 3.40% $900,230 .00 $380,842.50 3.33776%
, Securities Co. ,
w �
Continental Illinois 1961-1966 4%
i
' National Bank & 1967-1974 3-1/4% �
Trust Co. 1975-1976 3.30%
Rockland-Atlas 1977-1980 3.375% $9003,795.96 $381,074.04 3.33982
SNational Bank of
Boston
Frantz Hutchinson
j& Co.
i
Central Missouri 1961-1973 3-1/4%
;Trust Co. 1974-1980 3.40% $9002372.00 $381,988.00 3.34783
�be Boatmen' s Nat' 1. 3.5�-7 g 35,
Bank of St. Louis
G. H. Walker & Co. '
i`
M i!;ercantile Trust 1961-1968 3-1/2%
'Co. and Associates 1969-1974 3-1/4%
i 1975-1980 3.40% $900,013.50 $3839336.50 3. 359'65
i`
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350
Regular Meeting, July I . 1960
irst Naiional 1961-1972 3.40%
]Bank, Chicago 1973-1975 3T1/4%
Kidder, Peabody & Co. 1976-1980 3.40% $900,719.00 $383,441.00 3. 360569%
D mpsey-Tegeler & Co.
Milburn, Cochran &
Inc.
Following the reading of the bids, the Council proceeded to
cInsider the same for the purpose of determining the best and most
a'` vantageous hid submitted. Thereupon, Councilman Fisher offered and '
m' ved the adoption of the following resolution: j
' RESOLUTION TO ACCEPT BID FOR NINE HUNDRED THOUSAND
f! DOLLARS ($900,000) PUBLIC IMPROVEMENT BONDS OF THE I
CITY OF JEFFERSON.- COLE COUNTY, MISSOURI. M�
! WHEREAS, the bid and offer of The First Boston Corporation,
Chicago, Illinois, ,
four the purchase of Nine Hundred Thousand Dollars ($900,000) Public
provement Bonds of the City of Jefferson, Cole County, Missouri,
bearing interest as follows: j
i Maturities Interest Rates
I 1961 through 1969 3-1/2%
1970 through 1972 3. 10%
1973 through 1976 3.20%
1977 through 1980 3-1/4%
t and for the price and sum of Nine Hundred Thousand, Three Hundred
ent -five Dollars---------------- ($900,325.00) and accrued interest
o the date of delivery of said bonds, at a net interest cost of '
hree Hundred Sixty-eight Thousand Eight Hundred Ten Dollars ------
Ughest 368 810.00) , and at an average interest rate of 3.23234% is the
and best bid made and offered for said bonds:
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of
efferson, Cole County, Missouri, that the Nine Hundred Thousand ;
ollars ($900,000) Public Improvement Bonds of the City of Jefferson,
ole County, Missouri, dated May 1, 1960, bearing interest as follow4.:
Maturities Interest Rates
1961 through 1969 3-1/2/.
1970 through 1972 3.10%
1973 through 1976 3.20% j
1977 through 1980 3-1/4%
Ohall be and the said bonds are hereby awarded and sold to The First
Poston Corporation, Chicago, Illinois
# t and for the price and sum of Nine Hundred Thousand, Three Hundredi,
Twenty-five Dollars -----------------W-W----- -($900, 325.00) and
#ccrued interest to the date of delivery of said bonds, at a net
*nterest cost of Three Hundred Sixty-eight Thousand Eight Hundred
j.en Dollars--------- 3 8 810.00 , and at an average interest rate of
23:234%; 11 in accordance with the terms of sale as contained in
he Notice of Bond Sale" and in the "Proposal for the Purchase" of said
onds.
BE IT FURTHER RESOLVED that the checks of all unsuccessful
bidders for said bonds shall forthwith be returned to them upon their
respective receipts therefor, and that the check of the successful
bidders shall be held uncashed by the Treasurer of said City of
Jefferson, pending delivery of the said bonds in accordance with the '
terms of sale and award.
Councilman R. Jobe seconded the motion to adopt the foregoing
resolution, and, the question being put to a roll call vote, the E
result was as follows:
Councilman Condit voted Aye
Councilman Dorr voted Aye I`
r Councilman Fisher voted Aye
Councilman Hager voted Aye #
j Councilman D. Jobe voted Aye f!
'!! Councilman R. Jobe voted Aye
j1 Councilman Kliegel voted Aye
1.
M r.
Regular Meeting, July 18 1960
Councilman Scrivner voted Aye
Councilman Vanderfeltz voted Aye
Councilman Willcoxon voted Absent
The motion having received the affirmative vote of all the
Councilmen present, the Mayor declared the motion carried and the
resolution adopted, this 18th clay of July, 1960.
The following bids were received for printing the $900,000
Public Improvement Bonds, City of Jefferson, Missouri.
Security Columbia Banknote Company
"To prepare 900 - $1000 Bonds due 1961. - 1980, with one rate
of interest, our price would be $288.00 f.o.b. Chicago. Additional
rates would add $15.00 each. This price includes the printing of
the legal opinion on the batik of the bond.
The bonds would be printed on steel engraved borders and
would be similar in style and class of workmanship to the last
issue of bonds we prepared for you dated May 1, 1958 .
To impress the City, State Auditor' s seal the cost would be
$20 .00.
To engrave one signature on the bond the cost would be $7.00.
To use the signature machine the cost for the City Clerk would
be $21.25. The same charge would apply if the State Auditor would
sign."
S. C. Toof & Company.
"$900,00 Special Litho Print City of Jefferson, Missouri Public
Improvement Bonds - Dated May 1, 1960 - $1000 Denomination - considt-
ing of 900 bonds numbered 1 to 900 inclusive, and maturing serially
May 1, 1961. through May 1, 1.980 , both inclusive, complete with
facsimile signatures on interest coupons -----------------$0.39 per
bond.
If• there should be more Lhan one interest rate, acid $15 .00 per
interest change.
Northern Bank Note Coiiipany
"We are pleased to quote a price of $261.00, plus $15.00 for
each rate of .interest exceeding one, and $30.00 if the legn). opinion.
is to be printed on the bonds. If a facsimile. signature 1.8 required
oil the bond face please add $7 .00.
On motion of R. Jobe, seconded by Mrs. fisher, the bid of
Security Columbian Banknote. Collipany was accepted.
Tile motion was adopted. '
Ordinance No. 6946. "An Ordinance prolUbitini; tiny person,
firm or corporation directly or indirectly, through airy servant,
employee or agent, to permit any k1nd of a boat to be parked, placed
or stationed within and upon the improved portion of any public street
alley, roadway, highway, sidewalk or right of way in this City, in
any manner or for any purpose, and providing a penalty," which was
passed July 5, 1960, was vetoed by the Mayor by the following
message. " I am vetoeing this Ordinance. It is a viscious and
discriminatory Ordinance directed at a particular problem without
regard to the rights and general welfare of the public as a whole."
Ordinance No. 6942. "An Ordinance repealing sections 1382 and
1383 of the Revised Ordinances of the City of Jefferson, Missouri, 195
(being ordiginal Ordinances 3552 and 3554 of the City of Jefferson,
Missouri) establishing and defining the "Vehicle Fund" , the "Traffic
and Vehicle Fund" and defining the sources of revenue for both of
said funds in the City Treasury, and enacting a new Ordinance estab-
lisffiing and creating a fund to be known as the "Street, Traffic and
Vehicle Fund" , defining the sources of revenue for said Fund, and
defining the purposes for which the monies in said Fund may be
expended," which was passed July 5, 1960, was vetoed by the mayor
by the following message. " I am vetoeing this Ordinance because it
creates more bookkeeping problems than it solves."
Regular Meeting, July 18 1960
'6950/ The following ordinance was introduced.
"An Ordinance providing for the improvement of the roadways of
igh Street, from the east curb line of Washington Street to the wes
urb line of Broadway Street, Monroe Street from the south curb line ,
bf High Street to the north curb line of McCarty Street, and Jefferson
Otreet from the south curb line of High Street to the north curb lini
f McCarty Street, in the City of Jefferson, Missouri, by wedging, I!
? here necessary, with asphaltic cement material and paved with I
' sphaltic cement one and one-half inches (1;�") thick." ;!
Read first time at length, second time by title and on motion
f Mr. R. Jobe, seconded by Mr. Dorr, the rules were suspended and tk�e
` rdinance was. read the third time by title and placed on final
assage and was passed by the following vote. I
yes - Condit, Dorr, Fisher, D. Jobe, R. Jobe, Kliegel, Scrivner
and Vanderfeltz. 8
;Absent - Hager and Willcoxon. 2
951/ The following ordinance was introduced. tE
f!
"An Ordinance repealing Section 1382 of the Revised Ordinances
bf the City of Jefferson, Missouri, 1956 (being ordinance 3552)
' stablishing the "Vehicle Fund" and defining the source of revenue f
for said Fund in the City Treasury, and enacting a new Ordinance
ertaining to the same subject."
Read first time at length, second time by title and on motion
�bf Mrs. Fisher, seconded by Mr. R. Jobe, the rules were suspended and the
rdinance was read the third time by title and placed on final
assage and was passed by the following vote. 's
eyes - Condit, Dorr, Fisher, D. Jobe, R. Jobe, Kliegel, Scrivner
and Vanderfeltz. 8
Absent - Hager and Willcoxon. 2 f
6952/ The following ordinance was introduced.
"An Ordinance repealing Section 1384 of the Revised Ordinances
of the City of Jefferson, Missouri, 1956 (being original Ordinance ;!
X554) establishing and defining the "Traffic and Vehicle Fund" and
defining the source of revenue for said Fund in the City Treasury,
#end enacting a new Ordinance pertaining, to the same subject ." .,
1 Read first time at length, second time by title and on motion
f Mr. Scrivner, seconded by Mr. R. Jobe, the rules were suspended ar'd
he ordinance was read the third time by title and placed on final
passage and was passed by the following vote. �
, yes - Condit, Dorr, Fisher, D. Jobe, R. Jobe, Kliegel, Scrivner f'
and Vanderfeltz. 8
bsent - Etager and Willcoxon. 2
?j On motion made and seconded the Council recessed, subject to !
pall of the chair.
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