08/18/1938 - Special Meeting Minutes FOURTH REGULAR MEETING
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Regular Meeting August 18, 1938:
The regular monthly meeting of the Board of Commissioners of Tigard Nater
District, Washington County, Oregon, was held at the residence of Secretary
G. M. Leslie, at 7°30 P.M., August 18, 1938.
Present: Leslie, Vincent, Johnston, Lewis.
Minutes of the regular meeting of July 21, 1938, and of the special meet-
ing of August 12, 1938, read and approved.
Seal: Ordered, that seal for the Tigard Nater District, as imprinted on
the margin of this paragraph, is hereby adopted. Carried.
Public Liability Policy: Ordered, that the Treasurer procure policy
safe-guarding the Tigard eater District fully against damages to persons or
to property arising by reason of the proposed construction of a water system.
Carried.
.. Hydrants: Mr. Bernard was present and offered the Board six fire hydrants,
used for several years, and taken from the ground and kept in storage for the
past sixteen years, for $26.50 each.
Referred to C. E. Carter, Engineer.
Mr. Carter stated that these hydrants were necessarily very much out-of-
date, and that according to the description did not have the proper connec-
tions, and that it would be poor economy to make a small saving by purchasing
and installing them.
Recommendation adopted.
Bills--Payment between Meetings: Ordered, that the Chairman or Secretary
and the 'reasurer are hereby authorized to audit and pay bills where necessary
to save discounts, or for other seasons. Carried.
Bills audited and ordered paid:
# 1 G. M. Leslie, Repayment filing fee advanced, 30.00
2 Pioneer itbg Co, Dodgers, signs, ballots, legal, 20.45
3 Jeanette Mason, Election chairman, 8-4-38, 4.00
4 T. W. Smith, " judge, 8-4-38, 4.00
5 C. Christensen, " " 8-4-38, 4.00
6 G. C. Johnson, Maps and photostats, 6.85; Valuations, 10.00; 16.85
7 Stuart Johnston, Circulating "Citizens' Information" pamphlet, 2.00
8 Nat. Stamp and Seal Co., Seal, 6.00; stamp, 85c; 6.85
9 D. C. Sfax Co, Minute binder, 2.40; filler,2.35;cash bk,3.15 7.90
10 Daily Journal of Commerce, Bond sale advertisement, 8.05
11 Check Imprinting Co., Check book, 1000 checks, printed, 2.50
Total bills paid, 106.60.
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RESOLUTION providing for the issue of $40,000 bonds of
Tigard Water District, Washington County, Oregon; fixing their
interest, date, numbering, maturities, form of bond and coupon
and place of payment; authorizing the execution, sale and
delivery thereof; and declaring an emergency:
WHEREAS, at a special election duly called and held for
the purpose, on August 4, 1938, the legal voters of the District
duly authorized this Board to issue bonds of the District in
the sum of $40,000 to do all acts and things which may be
requisite, necessary or convenient in carrying out the objects
of the District for the purpose of supplying its inhabitants with
water for domestic use. And,
WHEREAS, the assessed valuation of all property taxable
for District purposes for the year 1938 is estimated by the
Assessor of the bounty of Washington, State of Oregon, to be
$331,170.00; and the State Tax Commission of Oregon has found
that the assessed valuations in said County of Washington are
52% of the real value, indicating a real value of $636,865.00;
and the population of the District is over 800; and the bonding
limit of the District is $63,686.00; and there is no outstanding
debt or bonds; therefore,
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BE IT RESOLVED, that, pursuant thereto, bonds of Tigard
Water District, Washington County, Oregon, are hereby authotized
to be issued in the sum of forty thousand dollars ($40,000),
to be dated as of July 1, 1938, in denominations of one thousand
dollars ($1000) each, and to be numbered, bear interest, and
mature, as follows,:
No's. 1 total, $1000, interest, 3 3/4% due, January 1, 1945;
n 2 "
" 3 ►t $1000, " 3 3/4% " " 1, 1946;
$1000, " 3 3/4% " " 1, 1947;
" 4 " $1000, " 3 3/4% " " 1, 1948;
" 5 " $1000, " 3 3/4% " " 1, 1949;
'� ►► 6 " $]0o0, " 3 3/4% " " 1, 1950;
" 7 " $1000, " 3 3/4% " " 1, 1951;
" 8 " $1000, " 3 3/4% " "
91, 1952;
" " $1000, " 3 3/4% " "
�► 1, 1953;
" 10
$1000, " 3 3/4% " " 1, 1954;
" 11 and 12, " $2000, it 3 3/4% " " 1, 1955;
" 13 and 14, " $2000, " 3 3/4% " " 1, 1956;
" 15 and 16, " $2000, " 3 3/4% " " 1, 1957;
17 and 18," 19 and 20, " 2000, " 3 3/4% " " 1, 1959;
" 21, 22, and 23, " $3000, if 3 1/2% " " 1, 1960;
" 24, 25, and 26, " $3000, it 3 1/2% " " 1, 1961;
" 27, 28, end 29, " $3000, " 3 1/2% " " 1, 1962;
" 30, 31, and 32, " $6000, " 3 1/2% " " 1, 1963;
" 33, 34, and 35, " $3000, " 3 102% " '► 1, 1964;
" 36, 37, 38, 39 and 40 " $b000, " 3 1/2% " " 1, 1965,
SAID BONDS shall be sealed with the seal of said District,
signed by its Chairman, attested by its Secretary, and counter-
signed by its Treasurer; and shall bear interest at the rate of
three and three-fourths per cent (3 3/4%) per annum on the
first maturing twenty thousand dollars ($20,000) numbered 1 to 20,
inclusive, and at the rate of three and one-half per cent (3 102%)
per annum on the last maturing twenty thousand dollars ($20,000)
numbered 21 to 40, inclusive, all as indicated in the above
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maturity table. Said interest shall be payable semi-annually, on
'"` January 1, and July 1, of each year, and shall be represented by
ooupons attached bearing the facsimile signatures of said
Officers. Both principal and interest shall be payable in lawful
money of the United States of America, at The United States National
Bank of Portland, Oregon.
AND FURTHER, that the form of said bonds shall be substantially as follows:
No. $1000.00
UNITED STATES OF AMERICA
STATE OF OREGON
COUNTY OF WASHINGTON
BOND OF
TIGARD WATER DISTRICT
TIGARD WATER DISTRICT, County of Washington, State of Oregon, for value received,
hereby promises to pay to bearer
ONE THOUSAND DOLLARS
on the first day of January 19 , with interest thereon at the rate of
per cent per annum, payable semi-annually on the first days of
January and July, to the bearer of the respective coupons therefor hereto attached, upon
presentation.. as they mature, both principal and interest payable in lawful money of the
United States of America, at The United States National Bank, in the City of Portland,
Oregon.
This bond is one of a series of like date and tenor, except as to maturities and
interest aggregating forty thousand dollars, par value, in amount, numbered 1 to 40,
both inclusive, authorized by a laajority vote of the electors of Tigard Water District,
voting upon suoh question at an election held for such purpose in and by said District
on the 4th day of August, 1938, held in pursuance of law, and under and by virtue of an
order of the Board of Commissioners of said District, after due notice given.
At said election said indebtedness and interest thereon was authorized by said
eleotors to procure the necessary funds to enable said District to do all acts and things
which may be requisite, necessary or convenient in carrying out the objects of said
District, or exercising the powers conferred upon it by law, for the purpose of supplying
its inhabitants with water for domestic, purposes.
It is hereby certified that every requirement of law relating to the issue hereof
has been duly complied with, and that this bond is within every debt and other limit
presoribed by the Constitution or laws of Oregon.
For the punctual payment of principal and. i=bwrest hereon the full faith and credit of
Tigard Water District is hereby irrevocably pledged.
IN WITNESS WHEREOF, Tigard Water District has caused its corporate seal to be
Ymreto affixed, and this bond to be signet by its ChAirman, attested by its Secretary,
and countersigned by its Treasurer, and the annexed coupons to bear the facsimile
signatures of said officers, as of the first day of July, 1938.
TIGARD WATER DISTRICT
By , Chairman
Countersigned:
Treasurer Attest:
'"" , Secretary
AND FURTHER, that the form of coupon be substantially as follows:
tow
No. $
On the first day of January, 19
July, 19
TIGARD WATER DISTRICT
Washington County, Oregon, will pay to bearer
DOLLARS
in lawful money of the United States of America, at The United States National
Bank, in the City of Portland, Oregon, for six month's interest then due on
Tigard Water District Bond, dated July 1, 1938,
No.
TIGARD WATER DISTRICT
Countersigned:
By , Chairman
Treasurer
Attest:
Secretary
BE IT FURTHER RESOLVED, that the Chairman, Secretary and Treasurer of
this Board are hereby authorized to execute said bonds, and to sell same, or any
part thereof, from time to time, at publio or private sale, and to deliver the
bonds so sold to the purchaser thereof upon payment of the purdhase price, And,
AN EMERGENCY IS HEREBY DECLARED, in that said funds are immediately
necessary to enable the District to build and improve its water system for the
distribution of water for domestio purposes, thereby involving the health and
well being of its inhabitants, and this resolution shall go into effect
immediately upon its passage.
The adoption of the above resolution was moved by Commissioner Leslie,
seconded by Commissioner Johnston, and Vote taken as follows:
Commissioners voting "Aye"s. Lewis, Leslie, Vincent, Johnston.
Commissioners voting "Nay": None.
Commissioners Absent: Johnson.
Whereupon the Chairman declared the resolution adopted at this a regular meeting
"°'""` held August 18, 1938.
BOARD OF COMMISSIONERS,
TIGARD WATER DISTRICT,
P. E. Lewis, Chairman.
G. M. Leslie, Secretary.
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RESOLUTION Confirming Sale, and Authorizing Execution and Delivery of Forty
Thousand Dollars, par value, of Bonds of Tigard Water'District:
"WHEREAS, pursuant to authorization of the electors of Tigard Water District,
Washington County, Oregon, at a special election on said question held on
August 4, 1938, this Board has, by resolution of this date authorized the
execution sale and delivery of forty thousand dollars general obligation bonds
of Tigard 'Mater District, to be dated as of July 1, 1938, in denominations of
$1000 each, numbered from 1 to 40, inclusive, mature in the order of their number-
ing, $1000 on January 1, 1945 to 1954, inclusive, $2000 on January 1, 11955 to
1959, inclusive, $3000 on January 1, 1960 to 1964, inclusive, and $5000 on
January 1, 1965, to bear interest on the first maturing $20,000, numbered 1 to
20, inolusive, at the rate of three and three-fourths per cent (3-3/4ths %) per
annum, and on the last maturing $20,000, numbered 21 to 40, inclusive, at the
rate of three and one-half per cent (3-102 %) per annum, as represented by
interest coupons thereto attached, payable semi-annually on January 1 and July 1,
each year, both principal and interest payable in lawful money of the United
States of America, at The United States National Bank of Portland, Oregon; and,"
"WBEREAS, ATKINSON, JONES & CO., and BAKER, FORDYCE, TUCKER CO., have bid
for said bonds $100.07 for each $100.00 par value of said bonds, and, in addition
thereto the interest accrued to date of delivery, whioh bid is the highest and
best offer obtained, and is the fair market value of said bonds, now, therefore,"
"BE IT RESOLVED, that said bonds are hereby sold to said ATKINSGN, JONES
& CO., and BAKER, FORDYCE, TUCKER CO., upon the terms above set forth, and the
officers of this Board are hereby authorized to execute and deliver said bonds
to said purchaser upon payment for the account of Tigard Water District of said
purchase price."
Adoption of the above resolution was moved by Commissioner Vincent, seconded
by Commissioner Johnston, the vote thereon resulting as follows:
Commissioners voting "Aye": Lewis, Leslie, Vincent, Johnston.
Commissioners voting "Nay": None.
Commissioners absent: Johnson
Whereupon the Chairman declared the resolution adopted, this August 18, 1938.
*W,, BOARD OF COMMISSIONERS,
TIGARD WATER DISTRICT,
Washington County, Oregon.
P. E. Lewis, Chairman,
G. M. Leslie, Secretary.
Truck for °DTPA work: C. E. Carter, Engineer, reported that the truck used by
' Collins Water District in its DTPA work just finished, that cost Collins 445.00,
plus cost of box and pipe rack, plus insurance, of which seven months yet re-
* mained, could be purchased for 425.00, and asked for any suggestions as to
other trucks to be had.
Ordered, that Isar. Carter is authorized to look over the truck field, and if
he finds no better purchase, to close the deal for the Collins truck. Carried.
buildings: C. E. Carter, Engineer, was authorized to rent Stedman's Machine
Shop, at 45.00 per month, Mr. Stedman to put on a new roof, for storing materials for
project, and to rent space of Tigard' Lumber Company, for mapping crew. Carried.
Changes: C. E. Carter, Engineer, recommended change of about 10,000 feet of
pipe from 2" to 3", at an additional cost of about 41,000; and change from galvan-
ized pipe to copper tubing, at a cost of about 4500. Adopted.
Installation of Service Connections: Ordered, that service connections be
placed at the following prices and termsi:
Services ordered during '/PA construction: Price, 420.00
Terms: 45.00 with application, and 42.00 per month.
Services ordered after present N. P. A. project completed: Price, 430.00
Terms: 45.00 with application, and 43.00 per month.
All new services installed to remain the property of the District, and to be
repaired, replaced, relocated, lowered and maintained at the expense of the
District, except where damaged thru fault of the user, or thru his neglect.
All present services transferred to be taken over by the District, if the user
so desired, under the same conditions of maintenance, etc.
All present services the ownership of which was retained by the user to be
repaired, replaced, relocated, etc, by the District, at the expense of the user.
Carried.
Material Bids: C. E. ChYter, Engineer, reported tabulation of material bids,as
received and read at last meeting, as follows:
Standard Supply Company, --•- - High.
Oregon gulvert Company, - High.
Peerless Pacific Company, High.
Crane Company, - High.
Pacific States Cast Iron Company, yicWand Cast Iron, High.
Woodbury & Company, - 05,133.78
Gates Pipe & Invest Co, Youngstown, dipped and wrapped steel, 23,676.17
• Consolidated Supply Co., Steel, 23.389.74
Alternate, Steel, 30' lengths, -- 22,377.42
Alternate, Steel, 40' lengths, 21,705.30
Alternate, Universal `last Iron, - - 31,240.00
Alternate, Tpniversal Cast Iron, ---- 33,466.00
Alternate, Walworth Cast Iron, 30,769.60
Alternate, Walworth Cast Iron, 30,444.20
Consolidated Supply Co, Hydrants, (53.75) Valves and boxes, 0_,518.05
#ensselaer Valve Co, " (55.84) " 1,512.00 •
Pacific States C.I. Co, " (52.70) " " " 1,404.82
waver
Resolved, that the contracts for materials for the construction of the
proposed water system are hereby awarded, under the foregoing bids, which
detail bids are hereby filed herewit$, in the following manner:
For the pipe and other materials, less the firehydrants, gate valves,
and gate valve boxes, to Consolidated Supply Company.
For the fire hydrants, gate valves, and gate valve boxes, to Pacific
States Cast Iron Pipe Company.
Said awards to be subject to the bid prices and conditions, and to the
right hereby given to Engineer, C. E. Carter, to select the items not to be
included in either of said awards.
Passed.
Ad j ourned.
7 AW
P. E. Lewis, Chairman pro tem
G. . Leslie,\ Secretary.