09-04-1962 HUCM1
31.
September 4, 1962.
Regular Y . eet : i.ng.
The regular monthly meeting of the Hutchinson Utilities Commission
was held at the office of R. I. Sheppard, President, on September 4,
19620
All Commissioners were present.
Motion was made by Commissioner Thompson and seconded by Commissioner
Kurth to set up a sinking fund for the bond issue on Unit #7 - -- payments
to be deposited at the First National Bank of Hutchinson, Minnesota in
the amount of $12,000.00 per month. The motion was unanimously carried.
Motion was made by Commissioner Kurth and seconded by Commissioner
Thompson to transfer the present sinking fund to the General Fund.
The motion was unanimously carried.
Motion was made by Commissioner Kurth and seconded by Commissioner
Thompson to purchase $100,000.00 in U. S. Treasury Bills, date of
maturity December 13, 1962.
The following bids were received on lub. oil for unit #7;
Socony Mobil
Texaco
Standard Oil
$.61 per gallon
(for 2500 gallons)
$.56 per gallon
$.53 per gallon
Motion was made by Comx,-.,issione.r Thompson and seconded by Commissioner
Kurth to purchase l_ati;. oil from Standard Oil Company for Unit #7.
The motion was unanimously carried.
The resignation of Clifford Smith was received and read by the
Secretary. Motion was made and seconded to accept his resignation.
The motion was unanimously carried.
The following bills were allowed.
Fred Briggs
803
W. S. Clay
803
Hutchinson Wholesale
730.3
Graybar Electric
133.2
T6 ±aco Inc
730.2
Standard Printing Company
793.4
Rutz Plumbing &: Heating
735
W. 0. Nott Com_oany
730.3
Gerneral Electric Supply
113.2
Vicent Brass & Aluminum Co
734.4
Texaco Inc
730.2
Natural Gas Division
729.1
Hutchinson Telephone Co.
793.3
Peterson Truck Service
759.2
734.4 759.2
205
10.00
30.00
39.36
485.73
1819.36
37.70
212.63
129.32
92.74
19.82
126.32
4,785.69
67.60
64.00
32 `
Estherts
Popp Drug Store
Popp Hutchinson Cleaners
Hutchinson Sheet Metal
9retz:ke & Son
Zila Hardware
Ted 1s Pure Service Station
Moehring Xl'otors
ioells Inc.
Leef Brothers Inc
Terminal Electric Corp.
B. Y. Stolpman
Citizens Bank
American i4leter Company
Arnold Hepner:
Metal Finishers
Burmeister Electric
Nordberg Manufacturing Co.
American Linen Supply
Luxor Lighting
Municipal Electric Plant
Melvin Hegdahl
Dori Vdhitcomb
Stearnswood
Barbeau Chemical
Sterling Electric Corapany
Graybar Electric Company
Nordberg, Manufacturing Co
Westinghouse Electric �o.
Miller & Miller
Skarshaug Testing Lab.
Standard Oil
Municipal Electric Plant
Graybar Electric Company
Standard Oil Company
Williams Hardware
Metal Finishers
Holger Olson & Son
Donnor Communications
Nalco Chemical
Edwin L. Wiegand Company
Power Supply Company
Paul B. Mueller Company
Terminal Electric Corporation
Sterling Electric Compan.yn
Burmeister Electric Company
Westinghouse Electric
Nordberg Manufacturing Co
Dick 4hi.te Lighting Inc
Texaco Inc
A. L. Hepner
John C. Eide Company
Roman G. Zins
Philip White
Roman G. Z,ins
Philip White
793.4
793.4
730.5
734.4
734.4
730.3
759.2
759.1
759.2
730.5
113.2
'730.4
793.2
2 03 r
113.2
759.2
730.3
734.1 #2
113.2
203 X
730.5 -
Mdse
Petty Cash
5.1
5.1
803
730.3
205 734.4
113.2
113.1 #1 #2
113.2
732
771
729
Petty
Cash
113.2
205
729
734.4
734.1
#2
202.5A
802.3
730.3
734.4
734.1
#1
734.4
113.2
113.2
113.2
113.2
113.1
Mdse
730.3
730.3
734.1
Sall ry
Salary
Salary
Salary
202.5.
772
#1 #2 #5 #6
734.4
5 #6
5.57
5.00
141.35
11.84
3.50
16.29
2.25
14.85
18.00
137.38
29.33
14.50
1.15
247.50
159.38
356.40
639-38
1,082.79
13.60
61.53
85.71
10.15
4.54
15.00
216.71
77.24
150.98
1,804.15
132.00
102.92
3.70
3,587.70
49.51
647.98
3,629.04
46.33
534.60
109.00
13.10
66.80
244.95
172.15
4.52
12.09
330.86
1,242..16
32.00
243.78
93.18
15.55
154.77
11.17
125.90
136.66
116.71
130.60
1
FADLL W'- i, !.
TELETYPE NO. D. M. 194
TELEPHONES
4 -8156
CHERRY 4-8157
4 -8158
Hutchinson Utilities Commission
Hutchinson, Minnesota.
INVESTMENT SECURITIES
DES MOINES BUILDING
DEs Momms,IOWA
August 14, 1962
DR
Carleton D. Beh Co.
Des Moines Building
Des Moines_, Iowa
INVOIC&
DM SERVICE In connection with the financing .of_ the
Electric Light Plant improvements and
extensions under the terms of our agree -
ments, dated March 23, 1962. Fee in-
cludes bond attorney's fee for legal pro -
ceedings and final approving opinion, as
well as cost of preparing and distributing
brochure for bond sale, publication costs
and the cost of lithographing bonds and coupons.
(1/2 of 1% of the amount of bonds issued - $700,000) 3,500
1
33.
Motion was made by Commissioner Thompson and seconded by Commissioner
Kurth to make a temporary transfer of $4,000.00 to the Natural Gas
Division account. Motion was unanimously carried.
Postmaster
781.2
81.00
Fisher Governor Company
203 #7
493.75
Municipal Electric Plant
Petty Cash
31.64
Paul B. Mueller Company
734.4
75.17
Metal Fins ihers
734.1 #12
178.20
Graybar Electric
113.2 771
123.69
Nordberg Manufacturing
113.1 #1 #2
290.40
Sterling Electric Company
771
23.32
H. A. Holder. & Company
734.2
3.76
Phoell Manufacturing Company
730.3
52.10
Premier Fastener Company
734.4
10.81
Standard Oil
729
1,803.57
Williaips Hardware
206
36.99
Norman Jensen
206
13.54
The Satterless Company
206
55.00
Standard Oil Company
729
1,815.14
Terminal Ele c t ri. c Company
113.2
87.85
Helwig Carbon Products
734.2
18.17
Burmeister Electric
113.2 205
560.78
There being no further Business, the meeting was adjourned.
C:)Q/Ua-
R, ahl, Secretary.
AT TEST �1
R. I. Sheppard, President.
Special Meeting
September 20, 1962.
A special meeting of the Hutchinson Utilities Commission was held
on September 20, 1962 at 11;30 A. R7. at the office of Dr. R. I. Sheppard.
Motion was made by Commissioner Kurth and seconded by Commissioner
Thompson to purchase a Treasury Bill in the amount of $100,000.00- -
date of maturity 12- 27 -62. The motion was unanimously carried.
There being no further business, the meeting was adjourned.
ATTEST C. I . I
R . I . Pres id ent .
cxiv�3 4�4�- -
R. W. Dahl, Secretary.