| Show No BIDS FOR BONDS Money Not Available a 1 WILL THE TIlE RATE RAPE 6 CITY TO TOBE BE OFFERED AT OP CENT Not N at ia a bid for the i oOOO issue of straight funding bonds bond was received at the tl council meeting last lost night The Interest rate of 3 34 per percent per percent percent cent proved too the low tow to tempt investors ines ors As a result re ut of the failure of ot the buy buyers buyer ers er to come to time Chairman Robert Kobert Robertson son of the finance committee moved that his hi committee and the thc mayor be authorized to solicit bids for 4 I per cent cent bonds and report at a special meeting to be held Saturday afternoon at 4 The motion was adopted While bond matters were before the tta council Robertson asked that the rules be b suspended in order that the ordin ordinance ordinance ordinance ance under un er which the special water bonds were issued might be amended The amendment am simply provided provide that the bonds shall be signed by the city recorder roo order whereas the old measure m e asure permitted thorn th to be signed by the deputy recorder The clause was WM necessary in the old ordinance be bo because because cause R H C Naylor who was then recorder was absent from the city The ordinance was adopted on its third reading And I hope this is the thelast thelast thelast last ordinance or resolution well have to adopt in connection with that hoodooed bond issue said Robertson after the vote had been announced Not much disposition to work was w s manifested manifest by the council last night The Christmas festivities were still too recent lecent for the solons to drop readily Into the harness h again Reid wanted to adjourn before the minutes had 11 read but was wa persuaded to with withdraw withdraw withdraw draw his motion to Through his attorneys Loofbourow Loofbourow Judge D H Wenger presented a Bt claim for for fot fe e alleged 4 t r him in poll tax cases ses he tried d ago a as s magistrate The communication went to the muni municipal cipal cipa laws committee On motion of Elk Robertson second seconded ed ly Whittemore and put be he before before fore the council by Elk Buckle the local lodge of Elks was granted per permission permission permission mission to pile ile building material near the corner of State and First South streets where the new building is to tobe tobe tobe be erected At a harmonious and nd unanimous adjournment was taken |
