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HomeMy WebLinkAbout03/15/1954-CC-Minutes-RegularMARCH 15, 1954 SPECIFICATIONS FOR THE NEW ENGINE FOR THE PLANT WAS READ AND APPROVED. BIDS TO BE ADVERTISED IN THE SANGER COURIER MARCH 18,25 AND APRIL 1, 1954. RESOLUTION ADOPTING THE RESULTS OF THE BOND ELECTION WAS PASSED. MOTION TO TRANSFER THE PRESENT RESERVE FUND AT MERCANTILE NATIONAL BANK TO THE NEW RESERVE FUND FOR THE NEW ISSUE OF $151,000.00 BONDS, MOTION CARRIED. DISCUSSION ON THE POSSIBILITIES OF DIGGING A NEW WATER WELL FOR THE CITY.\ CouncilThe City date. • - present DallasPerry, and Johnson, sessionAt In a xa-EXc regular on •. MayorlVere Bailey,, •Cooper,, • .. • Mr. Elliotof ^ •. and Mr. Medanichof • • • 617STITT TUT urie • ifas reall.• _ Elliot7 • discussed bythe council:... • then approved. Bids were to be advertised in t he Sanger Courier March and April 1, 1954 for an engine® Bids were to opened April 5, 1954 by the Council® A resolution adapting the results of the Bond election was passed bythe council, which is attached. A motion by Cooper and seconded by Johnson to transfer the present reserve fund now at the Mercantile National Bank to the new reserve fund for the new issue of $151,000.00 Bonds, motion carried. Discussion was given on the possibilities of digging anew water wells for the city® • - to •.electricity next Wj few years if an agrvement• • be worked out between Companies.The City and the Oil into further byt he Oil Companies and The Council. No further business council adjournedm R