HomeMy WebLinkAbout1962-11-26 Minutes (2)1716
The City Council of Fayetteville, Arkansas, met in special session on Monday, November 26, 1962, at 2:00 t.M.
S ecial Present: Mayor Guy E. Brown, City Clerk George J. Davis, City Controller Albert J. Jones, City Attorney
Is ting. Bass,Trumbo, and Aldermen: Laverne Heflin, Arnold Christie, Garland Wheeler, 'rover C. Thomas, Ellis Burgin,
George Faucette, and Carter Short.
Absent: Alderman Earnest Standley.
of The Mayor reported that the purpose of the meeting was to offer for sale at public auction the Ad Valorem
bonds for refunding the outstanding bonds of the City's General Obligation Refunding and Improvement Bond
dated November 1, 1959, constructing and equipping a City Jail_and_Coutt Building, construction and equip
ping Fire Stations, and construction and equipping an extension to the existing City Hospital under
provisions of Amendment No. 13 to the Constitution of the State of Arkansas.
The Mayor further reported that all members of the Council had been notified by U. S. Mail but Alderman
Earnest Standley was out of the City and could not be present but had waived notice of the meeting.
WAiver of WAIVER OF NOTICE OF SPECIAL MEETING
No4ice.
If
to
11
Comes now the undersigned, being a duly elected, qualified, and acting member of the City Council of
the City of Fayetteville, Arkansas, and specifically waives notice of a special meeting of the Fayettevil.
City Council to be held in the City Council Room of the City Administration Building, Fayetteville, Arkan
at 2:00 P. M., on Monday, November 26, 1962.
Dated this 26th day of November, 1962.
s sold The Mayor announced that, pursuant to prior advertisements for bids heretofore published, the time had
arrived to sell at public auction the Improvement ad valorem bonds as outlined above.
$ Fire Thereupon the Mayor called upon Mr. Dabbs Sullivan, Financial Advisor for the City, to conduct the public
ns and auction sale of the bonds and requested the City Clerk to tabulate the bids.
tal The bonds were sold on a dollar and cents basis and Hill; Crawford, Lanford, & Co. passed at 104.49,
X0 T. J. Raney & Son passed at 104.61, and Rauscher, Pierce, & Co. passed at 105.58, therefore the high
bidder was E. L. Villareal &.Co. at 105.58 which converted was a low interest rate of 3.547836 per cent.
After a complete tabulation of the bids, Dabbs Sullivan, Financial Advisor for the City, reported that th
low interest bid was the one by E. L. Villareal & Co. at the low interest rate of 3.547836 per cent.
After discussion.and condi.deration of the low bid, Alderman Short moved to accept the low bid and sell th
bonds'to E. L. Villareal & Co. of Little Rock, Arkansas, at an averggeconverted interest rate of
3.547836 per cent with the bonds to be delivered on or before 45 days from date of acceptance and that th
Mayor and City Clerk be and they are hereby authorized to sign the acceptance.
The motion was seconded by Alderman Faucette and passed unanimously.
There being no further business, Alderman Short moved to adjourn. The motion was seconded by Alderman
and passed unanEhoualy, whereupon the Mayor declared the meeting adjourned.
APPROVED:
ATTEST: WZ
GUY E. BROWN,
GEORG IS, CITY CLERK
The City Council of Fayetteville, Arkansas, met in regular session on Monday, November 26, 1962, at 3:00 P.M.
Present: Mayor Guy E. Brown, City Clerk George J. Davis, City Controller Albert J. Jones, City Attorney
Bass Trumbo, City Engineer W. C. Smith, Chief of Police Hollis Spencer, andL.Ald&rmen: Heflin, Christie,
Wheeler, Thomas, Burgin, Faucette, and Short.
Absent: Alderman Earnest Standley and Fire Chief Burl Skelton.
The minutes of the regular meeting on Monday, November 12, 1962, a copy of which had been previously mail
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL CF THE CITY OF FAYETTEVILLE, ARKANSAS:
SECTION 1. That the 10th day of December, 1962, at 7:30 o'clock P. M. CST., in the Council Room of
City Administration Building, be and the same is hereby fixed as the time and place for the hearing upon
said petition.
SECTION 2. That the City Clerk of the City of Fayetteville, Arkansas, be and he is hereby directed
give notice of such hearing to all interested persons by publication thereof once a week for two(2)
consecutive weeks in the Northwest Arkansas Times, a newspaper published in Washington County, Arkansas,
And having a general circulation in the City of Fayetteville, Arkansas,
PASSED AND APPROVED THIS 26th day of November, 1962.
ATTEST:
APPROVED:
GUY E v BROWN,
e,
.0-1
PI
to each of the Aldermen, were approved as written.
tion
ate
The City Attorney presented a petition of P. H. Burnett and Dolores H. Burnett, husband and wife, and
gton
Russell Howard and Vera P. Howard, husband and wife, to vacate and abandon that portion of Farmington
Street lying south of Highway No. 62 and west of Beechwood Avenue as shown upon said official plat.
After a brief discussion, the City Attorney introduced and read a proposed resolution setting forth the
date, time, place, and purpose of a public hearing on said petition and authorizing the City Clerk to
cause notice of said public hearing to be published once a week for two consecutive weeks in the Northwes
Arkansas Times,
Alderman Burgin moved that the resolution be adopted. The motion was seconded by Alderman Thomas and pass
unanimously, whereupon the Mayor declared the Resolution adopted.
olution
RESOLUTION 19-62
WHEREAS, it appears that a petition to abandon and vacate Farmington Street, which is south of
Highway No. 62 and west of Beech wood Avenue was duly filed with the City Clerk of the City of Fayettevil
on the 15th day of November, 1962; and
WHEREAS, it appear.'s that this is the next regular meeting of the City Council following the filing o
said petition.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL CF THE CITY OF FAYETTEVILLE, ARKANSAS:
SECTION 1. That the 10th day of December, 1962, at 7:30 o'clock P. M. CST., in the Council Room of
City Administration Building, be and the same is hereby fixed as the time and place for the hearing upon
said petition.
SECTION 2. That the City Clerk of the City of Fayetteville, Arkansas, be and he is hereby directed
give notice of such hearing to all interested persons by publication thereof once a week for two(2)
consecutive weeks in the Northwest Arkansas Times, a newspaper published in Washington County, Arkansas,
And having a general circulation in the City of Fayetteville, Arkansas,
PASSED AND APPROVED THIS 26th day of November, 1962.
ATTEST:
APPROVED:
GUY E v BROWN,
e,
.0-1
PI