HomeMy WebLinkAbout1925_01_14 Town Board Minutes I
SPECI.'3L MEETING OF THE TOWN BOAMR
AUR OF 1UAYkR0N'ECK
held January 14,-1925 at 8.30 P.M.
at the Town Clerk's office
6 Elm Street ,Mamaroneek,U.Y.
Present-
Supervisor Burton
Justices Boyd and Collins
Town Clerk Sherman
The meeting was called to order by Supervisor
Burton,
The Supervisor stated that the Special Meeting
had been called to -receive and open bids in connection
with the sale of $100,000 Sewer District Bonds .
On motion duly seconded, it eras-
RESOLVED that the All of the meeting
be approved.
- The Supervisor asked if there was any one who
had not submitted his bid.
— On motion duly seconded, it was
RESOLVED that the bids received for
the sale of $100,000 Sewer District
Bonds, Series D, of Sewer District
No. 1 of the Town of Yama.roneck, pur-
suant to Notice of Sale thereof,
dated December 26,1924, be now opened.
The Clerk proceeded to open and read each of the
several bids received, all of which were on the official form
of proposal furnished by the Town, and accompanied by cer-
tified or chasierrs checks in the required amount , and which
were as follows :-
Sherwood & Merrifield Inc. . . . . $ 100,340.
Geo. B. Gibbons & Co ... . . . . 100,176.
Trust Company of Larchmont. ... 100,160.
On motion duly seconded, it was
RESOLVED that the Board go into execu-
tive session to tabulate and consider
the bids received.
The Board then reconvened.
The Supervisor stated that the Board had consid-
ered all bids that had been received, and was ready to make
the award.
The following resolution was offered by Justice
Collins and seconded by Justice Boyd:
RESOLVED that the bid of Sherwood &
Merrifield Inc . of New York City, hav-
ing bid the sum of $'100040.00. fcr
1100,000.00 par value Sewer District
Bonds of Sewer District No. 1 of the
Town of Mamaroneck, and accrued interest
at the rate borne by the bonds fron.
the date thereof to the date of payment
of the purchase price, pursuant to the
resolution of this Board and to the Not-
ice of Sale made in accordance with laws,
and the said bid being; the highest and
best bid received for said bonds , ands
complying with the terms and conditions
of said Notice of Sale, the said bonds
are hereby awarded to the said Sherwood
& Merrifield Inc. of New York City, and
the aforesaid bid is hereby accepted,
and the Supervisor is directed to deliv®
er the on
se
and
price therefor.
The resolution was put to a vote, and was adopted
as follows
Ayes - Supervisor Burton
Justices Boyd and Collins
Town Clerk Sherman
Hayes - None
The Supervisor thereupon declared the resolution
adopted.
Upon motion duly seconded, it was
RESOLVED that the Counsel be, and he hereby is
authorized and emp6wered and directed
to take any and all steps which may be
necessary in the premises to consummate
the sale of the aforesaid $100,000.00.
Sewer District Bonds .
A communication and petition was received from the
Board of Suter Commissioners signed by the tan papers and
property owners of the so-called Section D which includes
the lower end of Weaver Street and the Boston Bost Road,
requesting and petitioning for the extension of the present
seater district so as to include the aforementioned territory.
Upon motion duly seconded, it was
RESOLVED that the communication and
petition be referred to Counsel who is
hereby authorized and requested to
prepare the proper papers and resolu-
tions for farther action of this Board.
A communication from the Trust Company of Larchmont
was received, requesting the naming of said Bank as one of
the depositories for Town funds. After due consideration
the following resolution was presented by Justice Boyd and
seconded by Justice Collins ;
RESOLVED that the Trust Company of
Larchmont be and hereby is desig-
nated as a depository of the Town
funds, and be it further
"'+S.l OLI D that said Trust Company be
♦u
requested and required to file with
the Town Clerk a depository bond in
the sum of Q25t000.0O.
Upon a vote being taken upon the foregoing reso-
lution, the sane was declared unanimously adopted.
Upon motion the meeting adjourned at 10.30 P.M.
7 a..�-
TO w Clerk®