Loading...
HomeMy WebLinkAbout00372 MINUTES OF AUGUST 20, 1935, APPROVED.of $41,500.00, which amount together with the cash on hand in the sinking fund of $7,500.00, is sufficient to refund the $49,000.00, unpaid of the $75,000.00 bonds issued on the lst day Of July, 1911, Now Therefore, BE IT RESOLVED, by bhe CITY COUNCIL of the CITY of PORT TOWNSEND, That the City of Port Townsend issue and sell its negotiable interest -bearing gen- eral indebtedness coupon bonds of said city in the amount of $41,500.00, to refund the unpai portion of the bonds heretofore described and mentioned, which bonds shall bear interest frc the date of their issuance at a rate not to exceed six per cent per an7,um, payable annually or semi-annually, as may be agreed upon between the City Council and the purchaser of said bonds, and shall bear date of the let day of January, 1936. Such bonds shall be serial in. form and maturity, and numbered from one upward consecutively, and shall mature annually con mencing with the second year and ending with the twenty-fifth year after the date of issuanc in such amounts (as nearly as practicable), to be specified by the City Council by ordinance as will, together with the interest on all outstanding bonds of such issue, be met by an e- qual annual tax levy for the payment of said bonds and interest. Said bonds shall be in denimonations of not less than One Hundred Dollars, ($100.00), and not more than One Thou- sand Dollars ($1,000.00), as the City.Cduncil may by ordinance determine, and shall be known as Port Townsend General Indebtedness, 1935 Refund Bonds", and the Mayor and City Clerk be, and hereby are, authorized to execute the some in the name of and under the corporate seal of the City of Port Townsend; and all said semi-annual or annual payments of interest be rep resented by interest coupons attached to said bonds and•made a part thereof, which interest coupons shall be signed by the Mayor and attested by the City Clerk, provided in lieu of such signing, a facsimile of bhe signature of the Mayor and City Clerk may be printed or en- graved on said interest interest coupons, all of said bonds and interest and interest cou- pons shall be payable in lawful money of the United States of America at the office of the City Treasurer of the City of Port Townsend, Port Townsend, Washington, or at the Fiscal Agency of the State of 7ashington, in New Yory City, at the option of the holder, BE IT FURTHER RESOLVED, that the City Clerk be, and he is hereby, authorized and direct ed to publish a notice in manner and form as prescribed by Chapter 151, Laws of •uashington, 1923, at least once a week for four consecutive weeks in the Port Townsend Leader, the news- paper doing the city printing, offering such bonds for sale. Such notice shall speciHy a place, and designate a day and hour subsequent Lo the date of the last publication of such notice when sealed bids will be received and publically opened for the purchase of said bonds. Adopted by the City Council August 20th, 1935 Approved by the Mayor August 21st, 1935. Attest: George Bangerter, Mayor C. F. Christian, City Clerk. EMERGENCY ORDINANCE FOR ENGINEER'S SALARY SUBMITTED. Atthd'.request of Councilman Sather, a proposed emergency ordinance entitled""An Ordinance of the City Of Port Townsend declaring an emergency and appropriating and provi- ding funds for the employment of an engineer for the remoinder of the year 1935, and author- izing the issuance of emergency warrants upon the Olympic Gravity ';Water Fund in payment then was presented and read in full for the first reading and, in accordance with the provisions of Chapter 158, Laws of '„ashington, 1923, laid over to the next regular session of the coun- cil. ATTORNEY'S APPROVING OPINION. The City Cleric requested authority to state to prospec- tive bidders for the proposed general obligation refunds bonds that the City would furnish an approving opinion by a recognized bond authority, on the legnlity of the bonds; and it was moved by Councilman Hirtzler and seconded by Councilman De Leo that the Clerk be granted such authority. Motion declared carried. Mayor to Sign 77lthout Delay. It was moved by Councilman Hirtzler and seconded by Councilman Delon, that the lbayc be requested to immediately sign the application for a Federal grant-in-aid upon the comple- tion of the plans and forms required by the Federal Emergency Administration of Public 7:'. Motion declared carried. orks Discussion re: Irondale-Hadlock pipe line. A general discussion was had in the matter of the replacement of the Hadlock-Iron- dale pipe line, the consensus of opinion appearing to be that it should be located along the county road for part of the route. ADJOURNMENT. Upon motion of Councilman Lafferty, seconded by Councilman Hirtzler, the j Council voted to adjourn. Attest: =�fL�a Mayor. 6� Ulr,y C erc. or'! H , 83 PORT TWINSEND, WASHINGTON, SEPTEMBER 3rd, 1935. The CITY COUNCIL of the City of Washington, met n regular Port Townsend, g ton i r session this 3rd day of September, 1935, at 8 o'clock p.m, in the Council Chambers of the City hall, Mayor George Bangerter presiding. ROLL CALL: Upon Roll Call there were present Mayor George Bangerter, City Attorney W, J. Daly, City Clerk C. F. Christian, and Councilmen H. L. Hortzler, Sam 11cGee, Peter Naugh- ton, W. S. Lafferty and 111m. Lammers Sr. MINUTES OF AUGUST 20, 1935, APPROVED. It visa moved by Councilman Hirtzler and•second ed by Councilman Lafferty that the minutes of August 20, 1935, be approved as writted. Motion declared carried. BILLS AND CLAIMS. Approved Bills. Bills and Claims, as audited by the Finance Committee, and recommend ed for payment, were presented, and read, as follows: Upon the Current Expense Fund, to -wit: (toward -Cooper Corp. Pyrene Fire Ex., and supplies $ 37.95 Shell oil Company Gasoline 57.38 Otto A. Case, State 'Press. August Industrial Insurance 11.81 The Leader Company Printing and Publishing 52.92 C. F. Christian Sundry Exp. 1.82 Dora G. Christian Clerical Services 3.00 Burroughs Adding Machine Co. Machine Ribbon-'; .75 Lowman & Hanford Co. Office Supplies 4.69 J. Daly Traveling Expense 3.77 Ruby Barrie Clerical Services 10.00 Mercantile Cash Grocery City Hall Supplies 1.53 0. R. Mitton Services as Patrolman 37.34 Union Oil Comoany Motor Oils 12.05 Port Townsend Volunteer Fire Dept. Services at Fires 60.00 Standard Oil Company Ethyl Gasoline 10.13 Howard -Cooper Corp. Fire Dept. Supplies 3.98 Puget Sound Power & Light Co. Electric Service 149.47 The B. F. Goodrich Company Fire Hose and Fittings 259.75 Total ............................. 716.34 Upon the Olympic "ravity Water Fund, to -wit: F. 0. Meeker August Labor account 7.97 R. E. Greenwood Office Supplies 31.42 Alpha Baker Postage Stamps 5.00 Shell Oil Company Gasoline 14.50 Puget Sound Navigation Co. r'reight Charges .50 Standard Oil Company Pearl Oil .70 Howard -Cooper Corp. Pyrene Fire Ex. & Supplies 15.97 Rensselaer Valve Co. Hydfant 53.53 Seattle Plumbing Supply Co. Pipe Supplies 8.14 H. 71ingate Irondale Collection service 5.00 Pennsylvania Salt Mfg Co. Liquid Chlorine 30.00 Otto A. Case, State 'Press. Aug. Industrial Insurance 5.95 The Leader Company Printing and Publishing 31.25 Ruby Barrie Typing, Eng. office 15.50 T. W. Campbell Traveling Expense 4.60 Total .............................. 230.03 Upon the Public Library Fund, to -wit: Puget Sound Power & Light Co. Electric service 1.90 Puget Sound News Co. Books 21.01 Gaylord Bros..Inc. Supplies 6.30 Total .............................. 29.21 Orr.ered Paid: It was moved by Councilman Lafferty and seconded by Councilman Lammers that the said claims be a_lowed and that the Mayor and the City Clerk be -authorized to draw warrants upon the proper funds in payment of same. Upon Roll Call vote, all six Councilm present voted in the affirmative and motion was declared carried. REPORTS OF OFFICERS. Bank Interest Rate: Mayov Bangerter reported that the Special City Finance Committee lied met with Yr. H. S. Saari, Mabager of the First American Natlonal Bank, to discuss the matter of the r ate to be paid on the city's bank deposits and that the meeting resulted in a deadlock; the Finance Committee holding out for two per cent for the remainder of the cur rent year, and Mr. Saari taxing the position that the bank could not afford to pay more the one per cent. As the Committee would not agree to accept the one per cent, Mr. Saari, th Mayor reported, stated that he would be obliged to take up the matter with his Board of Di- rectors before agreeing to a higher rate than one per cent. 4: 4 7 7 -'