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HomeMy WebLinkAbout1954-07-30-BOS-min 41e SELECTMEN'S MEETING July 30, 1954 The Chairman received a letter from James J. Carroll, Town Treasurer, advising that bids had been re- ceived for the $700,000 school loan; $100,000 sewer loan and $100,000 water loan. Halsey, Stuart & Co. Inc. , et al were low bidders at 1.80%. The Chairman called Selectmen Maloney and James who, together with him, constituted a majority of the Board and the following vote was passed: Voted to accept the 1.80% of Halsey Stuart & Co., Coffin & Burr, Inc. to Townsend, Dabney & Tyson, First of Michigan Corporation, jointly at the price of $100.388 of accrued interest, for the sale of the following bonds to the town: $100,000 1.80 per cent Water Bonds (Nos. 1 to 1000) dated August 1, 1954, payable August 1 $10,000 in 1955 to 1959 and $5,000 in 1960 to 1969, and reciting that they are issued pursuant to Chapter 1i4 of the General Laws as amended and a vote of the town duly passed, $100,000 1.80 per cent Sewer Bonds (Nos. 1 to 1000) dated August 1, 1954, payable August 1 $5,000 in 1955 to 1974, and reciting that they are issued pursuant to Chapter 44 of the General Laws as amended and a vote of the town duly passed, $700,000 1.80 per cent School Building Loan, Act of 1948, (Nos. 1 to 700) dated August 1, 1954, payable August 1, 35,000 in 1955 to 1974, and reciting that they are issued pursuant to Chapter 645 of the Acts of 1948 as amended and a vote of the town duly passed. �-Clerks Se ctme . I