09/29/1965
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CITY COMMISSION ~ETINQ
September 29, 1965
The City Commission of the City of Clear~ater met in special session at the
City Hall, Wednesday, September 29, 1965, nt 11 A.M. with the following members
presen t :
Joe Turner
Cleveland Insco
Amos G. Smith
H. Everett Hougen
Clirton Stephens
Nayor-Cornmissioner
Commissioner
Commissioner
Commissioner
Commissioner
Also present were:
James R. Stewart
Herbert M. Brown
Willi s Boot h
Max Battle
Kenneth McCreary
City Manager
City Attorney
Police Chief'
City Engineer
Finance Director
The Mayor called the meeting to or der.
Boat h.
The invocation was given by Chier
The Mayor announced the purpose of this meeting was to receive bids ror the
sale of $1,250,000 Utility Revenue Certificates. The City Manager read the bids
from nine firms.
The bids were as follows:
Halsey, Stuart &, Co. Inc.
Shields & Co.
Kidder I Peabody & Co. Inc.
B. J . VanIngen &, Associates
F. S. Smithers &, Co.
Of fer to Pay Net Interest Cost
$1,237,625.00 3.61866
1,237,501.50 3.723034
1,237,625.00 3.7468
1,237,500.00 3.7415
1,237,726.25 3.7406
1,250,000.00 3.66386
1,237,575.00 3.73602
1,237,650.00 3.65651
1,237,517.00
1967 4 . 4afo
1968 thru 1977 3.40
1978 thru 1982 3.50
1983 thru 1990 3.60
R. J. Dickson & Co. Inc.
Goodbody & Co.
Merrill, Lynch, Pierce,
Fenner & Smith, Inc.
John Nuveen & Co.
3.6137
The Mayor announced that at this time the bids would be referred to the Fiscal Agent,
Loomis Leedy, Jr., of Leedy, Wheeler &, Alleman, and the City Finance Director,
Kenneth fl.1cCreary, for tabula ti on and recomm endation.
The City Manager recommended accepting the low bid of L. B. Foster Co., Orlando,
for black steel line pipe, coated and wrapped for the Utilities Department, Gas
Division. Commissioner Smith moved upon the joint recommendation of the Utilities
Manager, Gas Superintendent and Asst. Purchasing Agent concurred in by the City
Manager that the contract be awarded to L. E. Foster Co., for the sum of $3,271.40,
which is the 1awest and best responsible bid and that the appropriate officials of
the City be authorized to execute sa1d contract which shall be in accordance with
the plans and s:p3 cifications and bid. Mati on was seconded by Commissioner Insco
and carried unanimously.
The City Manager recommended accepting the low bid of Oconee Clay Pipe Products
Co., Milledgeville, Georgia, for clay pipe for the Public Works Department.
Commissioner Smith moved upon the joint recommendation of the City Engineer, Public
Works Superintendent and Asst. Purchasing Agent, concurred in by the City Manager
that the contract be awarded to Oconee Clay Products Co., for the sum of $1,400,
which is the lowest and best responsible bid and that the appropriate officials of
the City be authorized to execute said contract which shall be in accordance with
the plans and specifications and bid. Motion was seconded by Commissioner Stephens
and carried unanimously.
The City Manager recommended accepting the only bid received from Campbell
Paving Company, ror shallow asphalt lined pool at Coachman Park, with a project
time limit of 30 days. Commissioner Hougen moved upon the joint recommendation
of the City Engineer and Asst. Purchasing Agent, concurred therein by the City
Manager that the contract be awarded to Campbell Paving Co., for the sum of
$3,425.35, which is the lowest and best responsible bid and that the appropriate
officials of the City be authorized to execute said contract which sha11 be in
accordance with the plans and specifications and bid. Moti on 'Was seconded by
Commissioner Stephens and carried unanimously.
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-2-
CITY COMMISSION MEETING
September 29, 1965
The City Manager recommended accepting the b~d of Golden Triangle Asphalt
Products Co., for the resurfacing, curbing and widening of Mandalay Ave. from
Marianne to Baymont; Papaya from Mandalay to Gulf Blvd.; Marianne from Mandalay
to Coronado; Coronado from Marianne to Causeway Blvd. and sidewalks on westerly
side of Mandalay from Marianne to Papaya and Papaya from Mandalay to Gulf Blvd.,
with a project time limit of ninety days. Mr. Arthur Kruse, Chairman of the
Beautification Committee, stated that some or the business men from Clearwater
Beach would like to be present when this contract is a~arded and requested defer-
ment until after lunch. By consent the Commission deferred action.
Commissioner Stephens moved that an appropr1ate resolution be prepared com-
mending the Clearwater Bombers for their participation in the ~orld tournaments.
Motion was seconded by Commissioner Smith and carried unanimously.
Mr. Leedy reported the tabulation completed and that the bids were in order
and that the bid submitted by John Nuveen & Co. Inc., was the lowest and best bid
and recommended it be accepted. Commissioner Smith moved that the bid of John
Nuveen & Co. offering to pay the sum of $1.237,517.00 for the City o~ Clearwater
$1,250,000 Utility Revenue Certificate Issue, Series of 1965, dated August 1,1965,
together with accrued interest to the date of delivery and having a net interest
cost of *682 J 443 and an effective interest rate of 3 .6l37~~ be accepted and that
Resolution #05-113 be passed and adopted and that the appropriate of~icials be
authorized to execute the same and that the City Clerk is hereby authorized and
directed to return, forthwith the good faith checks of all unsuccess~ul bidders.
Motion was seconded by Commissioner Hougen and carried unanimously.
Commissioner Insco moved at 11:50 A.M. to recess the meeting until 2 P.M.
Commissioner Hougen seconded the motion which carried unanimously.
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*****
The meeting was reconvened at 2 P.M. on Wednesday, Septanber 29, 1965, with
the following members present:
Joe Turner
Cleveland Insco
Amos G. Smith
H. Everett Hougen
Clifton Stephens
Also present were:
James R. Stewart
Herbert M. Brown
Willis Booth
Max Battle
Mayor-Commissioner
Conunissioner
Commissioner
Commissioner
Commissioner
City Manager
City Attorney
Police Chief'
City Engineer
The Mandalay Ave. paving project was continued at this time. The City Manager
explained the project and reviewed the bids. Mr. Arthur Kruse, Chairman o~ the
Beautification Committee, explained that they were trying to upgrade the business
area by placing the light standards on a median strip and then beautifying that
strip. Various people from Clearwater Beach ask€d questions ~ith the City Engineer
and City Manager giving explanations. The Mayor stated that the median strip may
be considered at some time in the future. Commissioner Hougen moved upon the joint
recommendation of the City Engineer and Asst. Purchasing Agent concurred therein by
the City Manager that the contract be awarded to Golden Triangle Asphalt Co., for
the sum of $43,975.8l, which is the lowest and best responsible bid and that the
appropriate officials of the City be authorized to execute said contract which shall
be in accordance with the plans and specirications and bid, with 90 day time limit
on project. Motion was seconded by Commissioner Stephens and carried unanimously.
The Mayor announced that there would be a meeting with the firemen on Thursday,
September 30th, 1965 at 2 P.M.
Commissioner Insco moved that the meeting be adjourned at 2:45 P.M. Motion
was seconded by Commissioner Smith and carried unanimously.
At te st :
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',/:;:{~,~~:;::;:>~;:::,'Cit'-i: of Clearwater , . " ','
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, The, City Commission will meet in Special Session on Wednesday, September '29"
196, at 11:00 A.M. in the City Hall Auditorium for the purpose of receiving';}'
bids for $1,250,000 Utility Revenue Certificates, Series 1965 and for such,! .
other business as may be presented.
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Sincerely yours,
Is! James R. Stewart
City Manager
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