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04-08-1967 HUCMi 59. Special Meeting. April 18, 1967. A special meeting of the Hutchinson Utilities Commission was held at two o'clock on April 18, 1967 at the Billing Office. All Commissioners were present; also Phil Fuller, Jack Patterson of Pfeifer & Schultz, Inc., F. E. Hunt of H. & S. Engineering, Inc., F. H. Ross of the H. R. Nichols Co. and R. E. Young, Superintendent. The meeting was called to order by the President who instructed the Secretary to open sealed bids received for the complete piping system on the two dual f ue 1 engines. H. & S. Engineering, Inc. 499973.00 H. R. Nichols Co. 960,200.00 Motion was made by Commissioner Tracy and seconded by Commissioner Filk to accept the base bid of H. & S. Engineering Company of $49,,973.00. The Commission's engineers were instructed to determine whether an Allis- Chalmers or Worthington Pump would be most suitable. (At a later date the Commission was informed that the Worthington pump would be satisfactory. Motion was unanimously carried. Motion was made by Commissioner Tracy and seconded by Commissioner Filk to authorize the President and Secretary to invest available funds in securities after April 25, 1967. Motion was unanimously carried. Due to the fact that all of the Commissioners will not be in Hutchinson on May 8, 1967, date of the regular meeting, motion was made by Commission- er Tracy and seconded by Commissioner F i). k to postpone the regular meet- ing until May 12, 1967. Motion was unanimously carried. There being no further business, motion was made by Commissioner Filk and seconded by Commissioner Tracy to adjourn the meeting. Motion was unanimously carried. • ng, cretary. H. T_. uade,_reside t. 1 co _o c 0 0 W .2 60• A Regular Meeting. May 12, 1967. Pursuant to due call and notice thereof, a regular meeting of the Utilities Commission of the City of Hutchinson, Minnesota, was held at the Commission Office in said City on the 12th day of May, 1967, at 2:00 o'clock P. M., all Commissioners being present as follows: President, Howard Quade Vice President, Clinton Tracy Commissioner, Herbert Filk Mr. Joseph E. Casey, vice President of Carleton D. Beh Company, Des Moines, Iowa, W. E. Reyerson, Attorney for the Utilities Commission and R. E. Young, Secretary of the Commission were also present. That the matter of proposed issue of $700,000 in revenue bonds, being ten year maturity, with option for payment in year 1972, was discussed and the need for funds by the Commission by July 1, 1967 was considered. The Commission was furnished an information prospectus covering bonds and details of sale of bonds and Member Clinton Tracy moved that the bond sale be held June 9, 1967 at 2:00 o'clock P. M., Central Daylight Saving Time. Member Herbert Filk seconded the motion, and upon vote being taken all members voted in favor thereof and no member voted in opposition thereto and the motion was unanimously adopted. Member Herbert Filk introduced the following_ resolution and moved its ad option s RESOLUTION PROVIDING FOR PUF?LIC. SALF OF ADDITIONAL LIGHT AND POWER PLANT FEVFNUE PONDS 1� IT RESOLVED by the utilities commission of the City of H,.ytc hinson, Minnesota, as follows: C) co a, °0 1. It is hereby found, determined and declared that N N it is necessary and expedient for the Commission, under and pursuant to the provisions of Chapter 17 of the Home Rule -a co Charter of the City of Hutchinson, as amended, and in accord- a) rn 'r- ante with the Provisions of the resolution adopted July 10, 0 1962, entitled "Resolution Authorizing the Issuance and Sale m >, of Light and Power Plant Revenue Bonds ", to borrow additional o _2 0 money for the financing of needed equipment of the municipal o c 0 light and power plant, in the amount of $700,000, and to issue (n revenue bonds in evidence of such borrowing. 0 0 Q 2. The Commission shall meet at the time and place spec- a if ied in the form of notice herein contained , for the purpose 0 c' L of opening, receiving and considering sealed bids for the pur -, 0 M chase of such bonds. The Secretary is hereby directed to cause Q E °u; notice of the time, place and purpose of such meeting to be 0 published in the manner required by law, which notice shall be Q z LL in substantially the following form: 61. NOTICE OF SALE $700,000 LIGHT AND POWER PLANT RFVFNUE PONDS CITY OF HUTCNINSON, McLEOD COUNTY, MINNESOTA NOTICE IS HE'REF3Y GIVEN that the Hutchinson Utilities Commission of the City of Hutchinson, Minnesota, will meet at the Hutchinson Utilities Commission Office Building, 22 Main Street, North, Hutchinson, Minnesota, on the Ninth ( 9th) day of June, 1967 at 2:00 o'clock P. M., Central Daylight Saving Time, to open, receive and consider Baled bids for and award the sale of $700,000 negotiable coupon Light and Power Plant Revenue Bonds to be dated June 1, 1967, and to be payable solely from the net revenues received in excess of current, reasonable and necessary costs of.operation and maintenance of the light and power plant and system owned and operated by said City under the supervision and control of said Commission. Said bonds will bear interest at a rate or rates to be designated by the successful bidder, payable December 1, 1967, and semi - annually thereafter on June 1 and December 1 of each year, and will mature serially in the amount of $35,000 on June 1 and $35,000 on December 1 in each year from and including December 1, 1967, to and including June 1, 1977. The bonds maturing on and after December 1, 1972, will beeach subject to redemption and prepayment at the option of the Commission 6n June 1, 1972, and any interest payment date thereafter, at par and accrued interest and in inverse order of their. serial numbers. The bonds will be issued in form permitting registration as to principal only. The bonds and interest will be made payable at a suitable banking; institution to be designated by the successful_ bidder, and will be issued in denomination of $1,000 or $5,000 each as desired by the successful bidder. The Commission must be notified of the paying agent and denomination desired within 48 hours after time of sale. The City will furnish and deliver, without cost to the purchaser and within 40 days after the date of sale, the printed and executed bonds and the approving legal opinion thereon of Messrs. Dorsey, Owen, Marquert, Windhorst & West, of Minneapolis, Minnesota. Sealed bids marked "Bid for $700,000 Light and Power Plant .Revenue Bonds" may be mailed or delivered to the undersigned Secretary of the Utilities Commission, and must be received at his office prior to the time of said meeting. Each bid must be unconditional and accompanied by a cashier's or certified check or bank draft in an amount not less than $14,000, payable to the City Treasurer, to be retained by the Commission as liouidated damages if the bid is accepted and the bidder should fail to comply therewith. The Wonds of each maturity are to bear interest ata single basic coupon rate, but different rates may be specified for not exceeding three groups of bonds each having the same or consecutive maturity dates. An addi- tional rate of interest may be specified for any or all of the bonds, for any portion of their term, to be represented by supplemental interest coupons, but the total amount of sueh supplemental coupons may not exceed $14,000. Bids will be preferred according to the lowest dollar amount of net interest 62 . cost computed to stated maturities of the bonds and deducting any cash premium offered. Each basic coupon rate, each addition- al rate, and the sum of the two rates should be an integral multiple of 1/4, 1/8 or 1 /10 of 1% per annum. The aggregate interest payable on any bond for any period may not exceed 6% per annum. No oral bid and no bid of less than par and accrued interest will be considered, and the City reserves the right to reject any and all bids, to waive any informality in any bid, and to adjourn the sale if deemed expedient. Dated May 129 1967. 1 Bi' ORDER OF TYF HUTCHINSON Utilities COMIC ".ISS'ION OF TFTF CITY OF HUTCHINSON RALPH YOUNG Secretary of the�ommiss on Hutchinson, Minnesota Member Clinton Tracv seconded the motion to adopt the forgoing resolution, and upon vote being, taken all members voted in favor thereof and no member voted in opposition thereto and the motion was unanimously adopted. Member Clinton Tracy moved that the Notice of Sale of $700,000 of revenue bonds be put in the Hutchinson Leader for two weeks, the first publication to be on May 19, 1967 and the last publica- tion May 269 1967; and that said notice also be published in the Commercial West, a legal weekly paper, published in Minneapolis, Minnesota; and Member Herbert Filk seconded the said motion; and upon vote being taken all members voted in favor thereof and no member voted in opposition thereto and the motion was unanimously adopted. The following quotations were received from two contractors fcr labor and materials needed in building a conference room: Za jicek Bros. Co.,, Inc. 992.00 Donald M. Peterson 1,075.00 Motion was made by Commissioner Tracy and seconded by Commissioner Filk to accept the lower quotation belonging to Zajicek Bros. Co., Inc. Motion was unanimously carried. The Commission was informed that the test run on the first Wor thinpt on engine was to be scheduled for May 25, 1967 in Buffalo, New York. A motion was made by Commissioner Filk and seconded by Commissioner Tracy that the Commission and Superintendent attend the test run. Motion was unanimously carried. 63 . Motion was made by Commissioner Filk and seconded by Commissioner Tracy to transfer $17,000.00 from the Natural Gas Division to the Municipal Electric Plant. Motion was unanimously carried. The f oll.owing bills were allowed: Mrs. Fred Briggs 799.4 20.00 Citizens Insurance Agency 130 7,289.00 Construction Bulletin 207 20.80 Grams Insurance Agency 130 29,395.00 Mrs. Lillian Carlson 5.62 415 10.50 Citizens Insurance Agency 130 109.00 Hutchinson Telephone C ompany 793.3 88.19 Municipal Water Department 730.1 797 46.80 Home Bakery 799.4 19.39 Preme ier Fastener Company 734.4 292.64 Williams 734.1.4 1.81 Popp' s Hutchinson Cleners 730.5 111.55 Hutchinson Sheet Metal Works 734.4 11.90 Hutchinson Wholesale Supply 759.2 2.97 Home Gas C ompany 730.3 1.36 Moehring Motors 759.1 759.2 26.95., Highway Standard 734.4 3.00 Esther's 793.4 16.39 The Lew Bonn C ompany 802.3 13.52 American Linen Supply 730.5 27.13 Hutchinson Leader 207 103.20 Zila Hardware 734.4 30.18 Natural Gas Division 729.1 777 159993.39 Hutchinson Refuse 730.4 39.00 Myron Wigen Chevrolet 759.2 2.75 Northern States Supply 730.:3 25.11 Westinghouse Electric Supply 113.2 146.86 A. L. Hepner 202.1 730.3 33.87 Mrs. Irving Larson 415 4.98 Sterling Electric 730.3 39.89 Municipal Electric Plant Petty Cash 39.59 Donald Knott 5.62 415 10.28 Schneider Electric & Equip 730.3 389.25 Hoffman Plumbing & Heating; 735 23.89 F isc her ' s Bakery 801 65-25 Williams 734.4 21.41 Leef Bros Inc 730.5 123.50 Standard Printing Company 781.3 73.2.E Sterling Electric 797 22.44 E0 A. Pedersen & Company 204.5 96.00 Nordber.g Manufacturing Company 734.1 #7 132.73 Central Supply Company 734.4 33.65 Graybar Electric 775 7.00 Anderson Cehmical Company 730.3 295.45 Cory Service Plan Inc Arthur B jerken & W. E. Reyers on 799.6 412.10 25.98 104.41 64 . Power Supply Company 730.3 E. A. Pedersen Company 258 Nalco Chemical Company 730.3 Simonson Lumber Company 759.1 Sterling Electric 730.3 Anderson, Helggeson, Leiser 796 National Tea Gompany 799.6 Power Supp1`r Company 734.4 United Building Center 734.4 Sam Bloom Iron & Metal Company 739 Phe if er & Schul.t ? 262 Farm 8c Home Dist. Company 797 E. A. Pedesen Company 259 The Satterlee C ompan- 734.4 Sterling Electric Company 124 H. & S. Engineering Company 257 Municipal Electric Plant Petty 734.4 29.76 265 .50 160.25 85.46 15.30 335.00 27.00 154.21 2.00 38.30 4,650.74 5.65 270.85 11.48 771 91.15 3,527.50 Cash 89.82 There being no further business, motion was ftde by Commissioner Filk and seconded by Commissioner Tracy to adjourn the meeting. Motion was unanimously carried. E. ATTEST;.. H- '. uade, resident.----/ 1 V4. 4. ti WORTHINGTON CORPORATION ADDRESS ALL CORRESPONDENCE TO: SEND REMITTANCES ONLY TO NEAREST P. O. BOX3 NEW YORK: BOX 1342. CHURCH ST. STATION, NEW YORK S, N. Y. CHICAGO: BOX 3334, CHICAGO SO, ILLINOIS LOS ANGELES: BOX 3324. TERMINAL ANNEX. LOS ANGELES $4. CALIFORNIA 1STOMERS ORDER NO.0 "N ACT REQUISITION NO. CONTRACT NO. I HUTCH SON UT i L M ES CIMM I SS I ON p� p �p SOLD C I N Y Ir UT 6.oH I NS ON TO �AUTCHIMSON, MINNESOTA TERMS: NET CASH 6UlFAL0 WORKS WORKS N _g&' DISTRICT OFFICE NO. U READY TO LOAD & 39°1 B P SH I PPED!3 A V� TO SPECIAL MARKS: .b� :2! .0 inu f A IBC O C I;a OC �uo :W. :W5 .0 ' � 6 •K< I O � C2= !per v0 IU I2 u< cj LQ yk n4 `4270 '4�lll'i 9 J7) d VALVE- 16 UI. I NDE'R V'r-- s £.DES $ G �,�'1 18" STROKE RATED AT 5556 pup ( 40000 GENERA70R & EQUIPMENT, AS CALLED FOR iN SPECIFICATIONS. JOB "T, , ED 5 ' .50 I(rp LESS AJVAMC �"M T � � t 967 1 LNT ti F W° 8HMq AFTER DELIVERY OF THE AT THE €'OWR PLANT AT lil! SON, WIINNESOTA CLAIMS MUST BE MADE WITHIN 10 DAYS AFTER RECEIPT OF GOODS COMPLETESHIP'T. PARTIAL SHIP'T. FINAL SHIP'T. 1 �l 7,988. 10 (10,0 .00 117,933.10 INVOICE DATE 5-26 — 7 COLLECT INVOICE NO. 5w8501 B PREPAID DATE SHIPPED VIA SIZE, MAKE, TYPE AND FROM y A g y �^ f NS D SERIAL Np.. OF UNIT ^�' F.O.B. 'I. e LL ITEM T-TAL QUANTITY pli I P T TFRMR UNIT LIST PRICE OUAN- T1TY BILLING NO. ON ORDER SHIP'D AMOUNT .b� :2! .0 inu f A IBC O C I;a OC �uo :W. :W5 .0 ' � 6 •K< I O � C2= !per v0 IU I2 u< cj LQ yk n4 `4270 '4�lll'i 9 J7) d VALVE- 16 UI. I NDE'R V'r-- s £.DES $ G �,�'1 18" STROKE RATED AT 5556 pup ( 40000 GENERA70R & EQUIPMENT, AS CALLED FOR iN SPECIFICATIONS. JOB "T, , ED 5 ' .50 I(rp LESS AJVAMC �"M T � � t 967 1 LNT ti F W° 8HMq AFTER DELIVERY OF THE AT THE €'OWR PLANT AT lil! SON, WIINNESOTA CLAIMS MUST BE MADE WITHIN 10 DAYS AFTER RECEIPT OF GOODS COMPLETESHIP'T. PARTIAL SHIP'T. FINAL SHIP'T. 1 �l 7,988. 10 (10,0 .00 117,933.10