Loading...
HomeMy WebLinkAboutR-011841> RESOLUTION NO. 1184. A RESOLUTION LOCSPTING T BID OF 0TI8 1 00M- PANY OF OLEVELAND, OHIO, FOR ONE HUNDRED SEVENTY SEVEN THOUSAND SERIES "V" SPEOIA1 IMPROVEMENT BONDS OF THE CITY OF MIAM I, FLORIZA; PROVIDING FOR THE RETURN OF CERTIFIED CHECKS TO TEE UNSUO- O SSFUL BIDDERS; AND PROVIDING WHERE THE PRINCI- PAL AND INTEREST OF SAID BONDS 3RAr,T, BE PAYABLE. WHEREAS, this being the date set for the reception of bide for One Hundred Seventy -Seven Thousand Dollars (4177,000.00) Sereie "V" Special Improvement Bends of the City of Miami, Florida, and WHEREAS, the Director of Finanoe has submitted the following sealed bide, accompanied by certified checks of two per cent of the par value of the amount bid, reoeived by him, to -wit: Otis & Company, Cleveland, Atlantic National Bank of Jacksonville, Weil Roth & Irving Co., Cincinnati Miami Bank & Trust Company, Miami, Seasongood & Mayer, Cincinnati, Joint(J• G. White & Company, New York, (Florida Municipals, Inc. Jacksonville, Spitzer, Rorick & Company, Toledo, li 173,123.70 172,167.90 70,628.00 72,821.03 71,247.50 $172,734.30 $171,820.00; and WHEREAS, it appears that the offer cf Otis & Company of neve-- land, ohio, of 473,143.70 and accrued interest to date of delivery is the highest and best bid received, NOW, T1E.LFORE, BE IT RESOLVED by the Commission of the City of Miami : 1: That the offer of otis & Company of 173,123.70 for ;177, 000. Series "V" Special Improvement Bonds of the City of Miami, Florida, be and the same is hereby, accepted. 2: That the Cit;; Clerk be, :.nd he is hereby, directed to return to the unsucceee ul bidders the certified checks which accompanied their DiuE. 3: lei. t t1:e principal Eanu interest of maid bchds is hereby made p::,;tab1e at tie United atate:; 1, rt`a�e & ;'rust Compartiy, Lew Yo.a. City. ,DOCUMENT INDEX ITEM NO, l MA Y OR CITY COMMISSION MEETING ©F