<br />Einutes of the recessed portion
<br />of the regular Oct. 28, 1940,
<br />meeting of the Council of the
<br />Yillage of Edina, duly kifeld in
<br />Grange Hall on November 4, 1940
<br />at 8:OO otclock P. U.
<br />The meeting was aalled to order by the President, the roll called
<br />and all rnenbers of the Council were present.
<br />dealed bids for sale of special assessment sewer warranibs OD
<br />account of sewer District No, 5, 6, and 7 were received frm
<br />Thrall-%est Company and Allison-Rilliams Company bidding jointly ;
<br />Harold E. Vood CarnGany, and Piper, Jaffray and Hopwood, each accompanied by certified check in amount of ?~500.00.
<br />The bids upon being opened ,. read aloud and tabulated , Trustee
<br />YGBBEAS, sealed bids for the purahase of sewer warrants in the
<br />amount of d>29,500,00, on account of Sewer District Eo, 5, 6, and
<br />7, have been submitted to the Village Clerk, each accompanied by
<br />good gaith check in the amount of $500.00, from the following
<br />bidders :
<br />i Irgens offered the following Resolution and moved its adoption:
<br />Name of Bidder Interest Rate Amount of Bid
<br />Thrall, West & Co.
<br />Allison-Villiams Go . 4@ 3 29,567.00
<br />Harold E. Woad & Go, 3+$ -8 29,535.00
<br />Piper, Jaffray & Hopwood 2+% $ 29,651.00
<br />now, therefore,
<br />BE IT RESOLVXD by the Village Ca.unci.1 of the Village ofadina,
<br />Henne-pin County, Ninnesota, that the bid of Piper Jaffray eC Hopwood,
<br />for the purchase of $ 29,500.00 sewer warrants dated Novemher lst,
<br />1940, which bid is to gurchase said warrants, bearing interest at
<br />two and me-half per cent [2-@) per annum, at a price of @ 29,651.00,
<br />% is hereby found, determined and declared to be the bid deemed most
<br />favorable, and is hereby accep$ed.
<br />The motion to adapt was secoEded by Clerk Xoclre and the v0t.e was
<br />upon the question of the adoption of the resolution, wherein there were five ayes and no nays, and so the resolution was adopted.
<br />It was thereupon moved by Eoore that the certified checks of the
<br />unsuccessful bidders 'be returned, seconded by Irgens and carried,
<br />Village. Clerk goore offered the following resolution and moved its
<br />adoption ::
<br />BE IT RESOLVED by the Village Council. of the Village of Edina,
<br />Eemepin County, Einnesota, as follows:
<br />Sewer District No, 5, in the amaunt of $9000.00, said warrants .l;o
<br />The Village shall issue its negotiable coupon sewer warrants on