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WE ENCLOSE HEREWITH A DULY CERTIFIED OR CASHIER'S CHECK PAYABLE TO THE ORDER OF THE CITY TREASURER, CHARLOTTESVILLE, VIRGINIA.j IN THE AMOUNT OF TWO (2%) PER CENTUM OF THE FACE AMOUNT* OF THE SAID BONDS (VIZ: 4;19,000.00) WHICH CHECK IS TO BE RETURNED TO US IF THIS BID IS NOT ACCEPTED, OTHERWISE TO BE DEPOSITED BY SAID CITY TREASURER AND, WHEN THE BONDS ARE DELIVERED AND PAID -FOR UNDER THE TERMS OF THIS RID, TO BE CONSIDERED AS PART PAYMENT THEREFOR, OR TO BE RETAINED AS AND FOR LIQUIDATED DAMAGES IN CASE WE FAIL TO TAKE UP AND PAY FOR THE BONDS* ( SIGNED) J. P. ftIORGAN C . L_ INC_. SCOTT`__HORDER & MASON BY WOOD .-GUNDY & COMPANY-- ON OMP NYON MOTION THE MEETING ADJOURNED* N M. PENCE (,,,Q I GNED) H. A, HAI ( S 1 GNED SECRETARY CHAIRMAN WE RESPECTFULLY RECOMMEND THAT YOU CONFIRM THE ACTION OF THE COMMITTEE AS ABOVE RECORDED* RESPECTFULLY SUBMITTED, FINANCE COMMITTEE H. A. HADEN (,S_LGNEDl LL _s�.s ADAMS S ( S I O N- E D) ON MOTION BY MR. BARR, SECONDED BY MR. HADEN, THE FOLLOWING RESOLUTION WAS UNANIMOUSLY ADOPTED: BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE, VIRGINIA THAT THE SALE OF $9509000.00 CITY OF CHARLOTTESVILLE, SCHOOL IMPROVEMENT BONDS, SERIES OF 19509 BEARING AN INTEREST ON THE FIRST FIVE MATURITIES AT 2% PER ANNUM AND ON THE REMAINING FIFTEEN RESOLUTION RE: MATURITIES BEARING INTEREST OF 1.40°' PER ANNUM, TO J. P. SALE OF BONDS BIDDER, INT. RATE MORGAN 8^ Co., INC. .9FOR THE SUM OF NINE HUNDRED FIFTY AM' T. ETC. - THOUSAND FIVE HUNDRED TWENTY-TWO DOLLARS AND FIFTY CENTS 0950,522.50), PLUS ACCRUED INTEREST FROM THE DATE OF THE BONDS TO THE DATE OF DEL 1 VERY, AS REPORTED BY THE FINANCE C+OM MITTEE, BE AND THE SAME IS HEREBY APPROVED AND CONFIRMED. AND' BE IT FURTHER RESOLVED THAT THE FINANCE COMMITTEE PROCEED TO HAVE SAID BONDS PREPARED AND DELIVERED TO THE SUCCESSFUL BIDDER UPON PAYMENT IN ACCORDANCE WITH THE TERMS OF THE BID? ON MOTION THE MEETING ADJOURNED. _dvt� CLERK PRESIDENT COUNCIL CHAMBER - JANUARY 16, 1950 THE COUNCIL MET IN REGULAR SESSION ON THIS DATE WITH THE FOLLOWING MEUBERS PRESENT: MR. ADA"S, MR. BARR, MR. HADEN, MR. H AMM A -ND PTR. TEBELL. THE MINUTES OF THE MEETINGS OF JANUARY 3, 1950 AND JANUARY 109 1950 WERE READ AND APPROVED. MR. WILLIAM PERKINS, ATTORNEY, REPRESENTING MR. CARY N. WEISIGER, JR., ADDRESSED THE COUNCIL AND REQUESTED THAT MR. REQUEST BY: ATTY. PERK f NS WE 1 S 1 GER BE GRANTED PERMISSION TO MAKE A CONNECTION TO THE CITY'S RAW WATER LINE CROSSING HIS PROPERTY NEAR IVY, VIRGINIA, • �11 0 •