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December 3rd, 1959 <br /> <br /> Mr. Smith also requested that he be recorded as stating that Mr. Walker's state- <br />menE had ~othing to do with the matter under discussion, but was the.expression of Mr. Walker's opinion of <br />those who differed with him regardiqg the Lincolnsvill9 project.. <br /> <br />£otlowing vote: <br /> <br />Vote being taken on Mr. Weiseman's motion, the ordinance was adopted and by the <br /> <br />Ayes: <br />Nays:. <br /> <br />BartIs~,~'Hreedlov~, Seward, Smith, Weiseman <br />Baker, Walker. <br /> <br /> 59-318 - Notion of Mr. Weiseman 5o place the following ordinance on firs~ reading, <br />was adopted, without dissenting vo~e: <br /> <br />'~N ORDINANOE AUTHORIZING ~HE PLACING OF A DEMAND NOTE ON DECEMBER <br />31st, 1959, WITH~ TN C~tSE NAN~tTTAN BANK'INA~ITICIPATION OF THE <br />PROCEEDS FROM ~HE ISSUE OF $6,800,000. GENERAL OBLIGATION BONDS WHICH <br />WERE AUTHORIZED BT AN ORDINANCE ADOPTED ON OCTOBER 13th, 1959, SUCH <br />NOTE NOT TO EXCEED $5,000,000., AT AN INTEREST RATE NOT TO EXCEED 3.74 <br />PER CENTU~ PER ANNUM, ~nND ASSIGNING THE PROCEEDS OF SAID BOND ISSUE AS <br />COLLATEraL" <br /> <br />motion adjourned. <br /> <br />Approved - <br /> <br /> President. <br /> <br />City Clerk. <br /> <br /> <br />