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In Re
<br />
<br />Cpen]n~ of Bids
<br />
<br />?~le of qonds
<br />
<br />This being the time and place fixed for the opening of
<br />bids for the $1,500,000 Municipal Improvement Bonds of the
<br />City of Ssnta Aha, the C]erk announced that four (4) bids
<br />hsd been received, and thereupon each of said bids was
<br />p~blicly opened, examined and declared. The required
<br />certifie~ or cashier's check accompanied each of said
<br />bids. The bids are as follows:
<br />Bid of Bankers Trust Co., Harriman Ripley & Co. Inc.,
<br />Equitable Securities Co~poration, First of Nichigan.Corp-
<br />oration, Schwabacher & Co.~- Bonds i to 300 incl. 3~ interest
<br />Bonds 301 to 1500 incl. 1~% interest. Premium $150.00.
<br />Bid of Weeden & Co., American Trust Co., Harris Trust and
<br />SavinFs Bank, The National City Bank of New ~ork, Hannaford
<br />& Talbot - Bonds i to 22~ incl. 2~.~ interest, Bonds 226 to
<br />1500 incl. 1~% interest. Premtum...150.O0.
<br />aid of Bank of America N.T. ~ S.A. First National Batik of
<br />Santa Aha, Blythe and Compsny, Inc., Wm. R. Staats Company,
<br />Heller, Bruce & Company - ~$300,000 par value maturing July
<br />l, 194V to July l, 1950 incl. bearing interest at 3%.
<br />$1,200,000 par value maturi~ July l, 1951 to J~ly.1, 1966~
<br />incl. bearing interest at 1~%, and will pay par an~ accruec
<br />interest to date of deliver~I, plus a premium of $1,219.00.
<br />Bid of Halsey, Stuart & Co. Inc., The First National Bank
<br />of Chicago, Braun, Bosworth & Co., Incorporated, C.E.Childs
<br />and Company, Tnoo~porated, The Milwaukee Company, Thoma~
<br />Kemp & Company -2% for bonds due 194V thru 1950, inclusxve.
<br />l~for bonds due 1951 thru 196~, inclusive; par plus
<br />accrued interest to the date of 'delivery.and in addition
<br />thereto a premium of $817.50.
<br /> On motion of Trust~' Deckert, seconded by Haan and ca~ied,
<br /> bids were referred to the Auditor for computation and to
<br /> report back ht meeting to be held May 14th,
<br />
<br />1946, at 1:30 P.M
<br />
<br />In Re
<br />
<br />Communication
<br />
<br />Hailroad CommLssion
<br />
<br />In Re
<br />
<br />Con~nunication
<br />
<br />Office of The Controller
<br />
<br />In Re
<br />
<br />Communication
<br />
<br />U.S.Dept.of Interior
<br />
<br />On motion of Trustee Deckert, seconded by Haan and
<br />carried, co~m~unication from Railroad Commission referenc,
<br />hearings on applications by Los Angeles Transit Lines,
<br />Pacific Electric Ry. Co. and Los Angeles ~lotor Coach
<br />Lines, relative to authority to exercise franchise
<br />rights and privileges granted by City of Los Angeles,
<br />was received and filed.
<br />
<br />On motion of Trustee Deckert, seconded by Haan and
<br />carried, comm~mication from Office of The Controller
<br />reference "In Lieu" Tax Apportionz~ents, was received
<br />and filed.
<br />
<br />On recommendation of the City Engineer and on motion of
<br />Trustee Haan, seconded by Deckert and carried, request
<br />of U.~. Department of the Interior for a gaging station
<br />on Santiago Creek at Baker St., was approved.
<br />
<br />In ~e
<br />
<br />C ormmuni c ~tion
<br />
<br />All Am~ric~n Bus Lin~s, Inc.
<br />
<br />In Re
<br />Beverage
<br />Applications
<br />
<br />Recommendation of the City Engineer that All American
<br />Bus Lines, Inc. be granted permission to use M.&.W.depot
<br />for loading ~nd unloading passengers and that all bus
<br />companies be required to obtain off street parking and
<br />
<br />cerried, recom~endation of the City Engineer was accepte~
<br />with the provision that a tinge limit of six months be
<br />s~t for All American Bus Lines, Inc. to secure a permanent
<br />off street depot instead of using ~I.&.W. depot.
<br />
<br />On motion of Trustee Deckert, seconded by Haan and
<br />carried, notifications of the State. Board of Equaliz~tio~
<br />of alcoholic beverage applications made by Joe L. Sandka~p
<br />
<br />
<br />
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