08/06/1963
CITY COMMISSION MEETING
August 6, 1963
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The City Commission of the City of Clearwater met in special session at the
City Hall, Tuesday, August 6, 1963 at 2:00 P.M. with the following members present:
Robert L. Weatherly
Cleveland Insco
Herbert R. Fields
Amos G. Smi th
Joseph K. Turner, Sr.
Also present were:
Mayor-Commissioner
Commissioner
Commissioner
Commissioner
Commissioner
James R. Stewart
Herbert M. Brown
Willis Booth
City fv1anager
City Attorney
Police Chief
Absent:
Ma}( Ba ttle
City Engineer
The Mayor called the meeting to order. The invocation was given by the
City Attorney. The City Manager opened and read the bids received for $1,800,000
Utility Tax Revenue Certificates. He stated they were all in proper form.
The bids were as follows:
Phelps, Fenn & Co. and Associates
Net Interest Cost
B. J. Van Ingen & Associates
Net Interest Cost
Goodbody & Co. and Associates
Net Interest Cost
Blyth & Co., Inc.
Net Interest Cost
Goldman, Sachs & Co. and
Associates
Net Interest Cost
Halsey, Stuart & Co. Inc.
and Associates
Net Interest Cost
White, Weld & Co. & Associates
Net Interest Cost
F. S. Smithers & Co.
and Associates
Net Interest Cost
R. S. Dickson & Co. Inc.
Net Interest Cost
Kidder, Peabody & Co.
Net Interest Cost
Shields & Company & Associates
Net Interest Cost
~~t~~~~~i;~1:~%;;JJOhn::~: :::::: ::::0 moyed to recess while t::' :::~::: Director. Ken:::: 4 ::creary .
;\'/;:;J::::"~;",,;an(:L:the,FJ.scal Agent, LooffiJ.s Leedy, Jr., of Leedy, Wheeler & Alleman, Inc. tabulated
by
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C2TY COMMI5SI0;�( MEETING
flu�ust 6 � 1963
The City Commission of the C�ty of CleaL�water met in special sessien. at the
City Ha11, Tuesday, August 6, 1963 at 2:00 P,M. with the following members present:
Robert L, Weatherly Mayor-Commissioner
Cleveland Insco Commissioner
Herbert R, Fields Commissioner
Amos G. Smith Commissioner
Joseph K, Turner, Sx. Commissioner
Also present ?aere:
James R. Stewart City Manager
Herbert M. Brown City Attorney
Willis Boo�th Police Chief
Absent:
Max Battle City Engineer
The Mayar called the meeting to order. The invocation wzs given by the
City Attorney. The City Manager opened and read the bids received for $1,800,000
Utility Tax Revenue Certificates, He stated they were all in proper for�n.
The bzds were as follows:
Phelps, Fenn � Co, and Associates $1,782,000
IJet Interest Cast 3.392�4
B. J. Van Ingen � Associates $1,782,727.84
Net Interest Cost 3.4089
Gcodbody � Co. and Associates Y1,786,869
Net Interest Cost 3,35226
$lyth & Co., Ine. $1,783,717.92
Net Interest Cost 3.3834
Goldman, Sachs � Co, and
flssociates $1?�g���72
Net Interest Cost 3.3761
Halsey, Stuart � Co. Inc.
and ssociates $1,782,540
1964 thru 1973 �%
1974 4.75%
1975 thru 1980 3.250
1981 thru 1984 3,30
1985 fhru 1988 3.4�
1989 and 1990 ,10%
Net Interest Cost 3,26451
6�Jhi�e, Weld � Co. E Associates $1,782,000
Net interast Cost 3.3777
F. S. Smithers � Co.
and ssoczates $15783,008
Net Interest Cost 3,3628
R. S. Dickson � Go. Inc, $1,782,0"00
ilet Interest Cost 3.36237
Kidder, Peabody � Co. $1,783,625
Net Interest Cost 3.3165
Shields � Company � Associates $1,782,000
Net Interest Cost 3.369867
John IJuvePn � Co. $1,782,045
Net Interest Cost 3,35498
Cominissioner Insco moved to recess while the Finance Director, Kenneth McCreary,.
and the Fiscal Agent, Loomis Leedy, Jr., of Leedy, Wheeler E A11�man, Inc. tabulated
the bids, Mo`tion was seconded by Commissioner Turner and carried unanimously.
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GITY COMMTSSION DSEE"TINC
August 6t 1963
The Mayor reconvened the meeting a't 3:00 P,M. wxth Commissioners Insco, Pields,
Smith and Turner in attendanoe�
After tabulation, Mr. Leedy reported that the bids ��ere in order and that the
bids submitted by Halsey, Stuart � Co, Inc,� � Assooiates, was the highest and best
bid and recommended its acceptanGe. Commissioner Turner moved that �hs bid of
Halsey Stuart � Co. Inc., E Associates with net �nterest cost tn the City of $�312,757.50
and with net interest at 3,26451€ be accepted and tha't Resolution �€63-87 be adopted and
that the proper officials be authorized to execute it and further that �he certifiect
checks of th� unsuccessful bidde.s be returned immediately follawing �khis meeting.
Motion was seconded by Commissioner Fields and carried unanimously.
The i�ayor presented tor approval a schedule ot deadiines relating to the first
public heari:�g on zoning changes to come before the City Commission as f.ollows:
August 23rd, receip�t of applications; September 9th, recommendations from 1'1ann�.ng
and Zoning Board; September 13th, advertisement of p ublic he.ai�in�; September 30th,
the public nearing. Commissioner 5mith mc�vad to approve the dates as submitted.
I•fotion was seconded by Commissioner Fields and carried unanimously.
There being no further business the meeting adjourned at 3:05 P.M.
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Pfa or- ommisstoner
Attest• /��
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Ci�ler7� '�
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CTTY COMMISSION f4EETING
Au�ust 6, 1963
P.ugust 5, 1963
Honorable Mayor and P�embers or" City Commission
City nf Clearwater
Clearwatery Fla.
Gentlemen:
The City Commission will meet in Special Szssion on Tuesday, August 6, 1963 at
2:Otl P.M. in the City Hall Auditorium for the purpuse of receiving bids for
$1,800,000 Utility T�.x Revenua Certificates.
Sincerely yours,
/s/ James R. Stewart
City Manager
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