1916/03/09 Council Minutes - Laserfiche WebLink

102a T. • the purchase of the entire issue of$1,100,000 city of Everett water fund bonds,bearing 1nt- ee1 at 5e. annum,payable aeml-annually, both principal Band interest payable as provided in said bid,with denominations,n and maturities a L forth in edvertleed notice of the city l being forgthe[bide Marle oflet°aieaid aa d bondnd accrued interest to date� u of delivery,plum a premium of$950.00,and WHE9EA8,for the further terms and nditlonof said proposal reference hereby made to the e bid submitted byeald Care00tene& Earles,Inoorpoxated,and Bolger, made Bep 8,Where- " ll- also March let,1916,s a of;also reference ie made to communication from said bidders dated March let,1916,which ex- plains Paragraph 8 contained in eald proposal first referred to 1 this paragraph,which is �. also made a part hereof, and WHENEFCRE,asid proposal of said Car- e&Earles:Incorporated,and Bolger,Mozser 00Wi111man,is the highest and heel offer made ofrsaidsaid citydof and it Ie.fort to the0theetslnterests forth- with,an enter into contract for theaeale of said bends, NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF EVERETT:That the proposal of said Bolger,Moeeer&Wn and Carstens&Earles, both 0 Incorporated,for both of 0001100000s in the aggregate amount of$1,9008000 of the city of Everett,Washington,be a the sameis hereby aucepted,and the mayor a city clerk axe hereby thorized and directed to enterinto a contract with said Caretene&Earleef Incorporated,tand Bolger,Mooser&Williman, he sale and de- livery of said bonds in accordance with their bid. Said contract to be aube:anti:11y 1n the form of the preliminary draft attached hereto. Carried Onanlmouely On motion Council adjourned at 11:85 f2city clerk