HomeMy WebLinkAboutCCMin_60Jul13_Special1l~71
SPECIAL '~'EETING JUDY 13th, 1960.
T~feeting was called to order at 7s30 P. I:I. the following Council fl~embers -being
presents Harold C. Nilsen, ^.iayor; George J. Shavor, Trustee; Paul Coppini, Trustee
and ~~m. R. Utecht, Clerk. Also present were Frank t1. Graham, Village Attorney;
Otto Bonestroo, Villa~--e Lngineer; 't°Tm. E. Olsen, Treasurer and Ethel E. '+'hi+„e,
Deputy Clerk and deputy Treasurer. Absent: ~io~illis ~~'arkentieni Trustee.
yids on the proposed watermain imn_rovem.er.t of 1960 No. 2 were opened and read as
follows
ROBERT Vd. ~200RE, 1613 Ridgewood Lane, St. Paul, 13, ~~Iinn.
~Lt2,659.60. aid vras accompanied by bid. bond. as required.
L~~~?ETTI & SONS, 211 No. Pascal, St. Paul, ~., Pdinn. ,
X65,508,50, Bid was accompanied by bid bond as required.
BEATSON & KELLY CONTRACTORS, INC,, 103? Vi. California, St. Paul,
17, ':?innesota, ='1~1~,553.00. Bid was accompanied by bid bond as
required.
HOULISTON CONTRA TING CO. , IPiC. , Box 2?~6, Taylor Falls, i:2innesota,
538,9~t0.00. Bid was accompanied by,bid bond as required.
R,IC CREE & CO?~:IPANY, 918 New York "r31dg,, St, Pauli 1, rdinnesotai
~52,5~.3.50. Bid eras accompanied by bid bond as required.
RIVAR.D EXCAVATING CO',4PANY, 1322 E. County Road E., St. Pauli l0i
?~4inr_esota, ~3~,273.50. Bid was accompanied br bid bond as required.
1."JALTER HII:LER & SOPJS, INC., Good Thunder, ':Zinnesota, ~~~2,128.50. Bid
was accompanied by bid bond as required..
'layor Nilsen moved that the bids be referred to the Engineer for tab-
elation and recommendation, and tha±. the Village Attorney check all
bids for all legal aspects and report to the Council at its Meeting
at 7s00 P. ?d?., July lJ~th. Seconded by Utecht and carried.
r;Iessrs. A. Anderson ?nd P.. Sanders of Juran & ?4oody were present.
Attorney Graham advised we would need about `35,000. in September for
laying the main, 515,000. in September for work the Cit~T of St. Paul
would do, and X35,000. to cover the remainder of the work in October.
After discussion, it ~,Tas determined that 20 year bonds would be the
most satisfactory method of financing, ~'tr. Sanders estimated ~..5
as the -naximum interest rate. Sanders will inform Graham if it appears
that there will be any marked change in the bond market,
Adjournment On motion, the meeting adjourned at 9:15 P. '~,I.
Signed~~ ! ~ ~ ~i~- .~Y ~--
Cl~rk
Approved
P?ay r.