HomeMy WebLinkAbout00015 MINUTES OF REGULAR SESSION OF JULY 17,1956, CONTINUED.JA
MINUTES OF REGULAR SESSION OF JULY 17,1956, CONTINUED.
From Finance Committees City of Port Townsend, Washington, o-w
Pacific national Bank
Trust Department
Seattle, Wash. -
Gentlemen:
The City Finance Committee and the City Council of the City of Port Townsend
approves and does hereby ratify all investments heretofor made and/or to be made by the
Trust Department of your bank from the Construction Fund and Reserve account of the
Bond redemption Fund under the Port Townsend 1956 Special Water Revenue Bonds, as set up
and displayed in the accounts of the City Treasurer of the City of Port Townsend. This
approval is intended to cover the re -investment of the Y$400,000.00 United States
Treasury Bills.maturing July 19, 1956.
This approval appertains to, and specifically covers only the provisions and
conditions set forth in Ordinance #1321, passed by the Council of the City of Port
Towhaend and approved by the Mayor on the 20th day of Merck 1956.
By way of clarification it is understood that this approval covers the sale of
government securities as stipulated in said Ordinance #1321.
Finally this approval will terminate at the expiration of the term of office of
,the present Finance Committee of the City.
Dated at Port Townsend, Washington this 17th day of July, 1956
Approved:
Mayor
Approved:
Finance Committee
C y A orney
-`;
It was moved by councilman Siobenbsum and Seconded by Councilman Avery that the
Council approve and ratify the investments made or to be made by the Trust Department of
the Pacific Rational Bank. Upon roll cNll vote all five Councilmen present voted in the
affirmative and motion carried.
LITTLE, QUILCENE RIVER DIVERSION DAM AND PIPELINE BIDS
As this was the time and place bet for the opening of bids for the Little Quilcene
River Diversion Dam and Pipeline, Bids were opened as follows:
Cotton Engineering and Shipbuilding Corp, Port Townsend, Wash. ^7126,531.00
Louis Elterich Company, Port Angeles, Wash. r113,524.00
Shoreline Construction Co., Seattle, Wash. R23,600.50
r Johnson -Imhof, Buckley, Wash. �133,385.15
RECESS
It was moved by Councilman Siebonbaum and seconded by Councilman Sullivan that the
Council recess for consideration of the bids. Upon roll call vote all five Councilmen
present voted in the offirmativo and motion carried.
I RECONVENE AND ROLL CALL
1 ,After a short recess the Council reconvened and Officers and members present were as
follows: Mayor George Bangerter, City Attorney Stovena, City Clerk Ryan and Councilmen
Lindsey, Mueller,Avery, Siebenbaum and Sullivan.
:i
It was moved by Councilman Siebenbsum and seconded by Councilman Sullivan that the
Bid of Louis Elterich Company of Port Angeles being the beat and the lowest that,that
Bid be accepted. Upon roll call vote all five Councilmen present voted in the affirmative
and motion carried.Included in the motion was that bid bonds of the unsucessful bidders
be returned.
ORDINANCE NO. 1325
i
j The above Ordinance was read to the Council for the first reading at the regular
session of July 3, 1956 , a copy is attached to the minutac of that meeting and thereby
incorporated in those minutes.
It was moved by Councilman Siobonbaum and seconded by Councilman Sullivan that the
jfirst reading be considered tho second reading and that the third reading be by tittle on]
upon roll call vote all five Councilmen present voted in the affirmative and motion carri
- � THIRD READING AND PASSAGE
Ordinance No. 1325 was read for the third reading by title only and it was moved by
Mueller and seconded by Councilman Avery that the Ordinance do now pass. Upon roll call
vote all five Councilmen present voted in the affirmative and motion carried.
.� UNFINNISHED AND NEST BUSINESS
City Engineer Jones submitted a plat of the Carroll's addition to the City of Port
Townsend and stated that he would like to have the City Street Supt. and the Street
CJ
L`J
1
11
El
I
I
I
MINUTES OF REGULAR SESSION
Committee go look the situation over before approval by the Council.
It was moved by Councilman Mueller and seconded by Councilman Siebenbaum that the bids
which had been under study and consideration for the Big Quilcene Pipeline Tunnel, That
ell bids be rejected and that Bid Bonds of the uns%icessful bidders be returned. Upon
roll call vote nil. Sdatfr Councilmen present voted i*i the affirmative and motion carried.
Five -
Councilman Siebenbaun informed the Council that City Engineer Jones had contacted
the proper authorities in Olympia on the City's filing for Water Rights on the Dosewellips
River, and that City Engineer Jones was awaiting word from Olympia.
ADJOURNMENT
As there was no further business to come before the Council at this time, it was
movod by Councilman Siebenbaum and seconded by Councilman Lindsey that the meeting Adjourn.
Motion carried.
Mayor
,ATTEST: i
Cir cirig