HomeMy WebLinkAbout1922_04_28 Town Board Minutes Meeting of the Town Board
TOWN OF MAMARONECK,
held, April 25th, 1922.
The meeting was called to order by Supervisor Burton
at 8.30 P.M.
PRESENT: Supervisor Burton,
Justices Boyd, Dudley and Collins,
Town Clerk Sherman,
Counsellor Gamble.
Upon motion it was voted to dispense with the reading
of minutes of meetings not vet approved.
Supervisor Burton stated that the first order of business
was the reading of the notice of sale of Fire House bonds for Fire
District No. 1 of the Town of Mamaroneck in the sum of $65,000,
pursuant to the provisions of Chapter 561 of the Laws of 1921,
which the Clerk having read, upon motion duly seconded
RESOLVED, that the notice of sale be
and the same hereby is approved.
Upon motion, duly seconded, it was
RESOLVED, that the bids received pur-
suant to said notice be now opened.
The Town Clerk proceeded to open and read each of the bids
received, all of which were accompanied by a certified check in the
required amount and are as follows:
Lamport, Barker & Jennings $66,529.80 plus accrued interest
($102. 35 for each $100 par value
of bond.)
Watkins & Co. $101.784 for each $100 par value
of bond.
Sherwood & Merrifield $101.84 for each $100 par value
of bond.
George B. Gibbons $102.33 for each $100 par value
of bond.
Lamport, Barker & Jennings, $65,301.05 plus accrued interest.
for a 4 1/2% bond,
Upon motion, duly seconded, it was
RESOLVED, that the Board go into exec-
utive session to tabulate and consider
the bids received.
The Board reconvened at 9.30 P.M.
The Supervisor stated that the Board had considered all
bids which had been received.
The representative of Lamport, Barker & Jennings present
was informed that the notice of sale specifically stated that the
type of bond being sold was a 5% bond and that the bid for a 4 1/2%
bonds could not be accepted.
Upon motion of Mr.Justice Dudley seconded by Justice Boyd,
it was,
RESOLVED, that the bids of Watkins
& Company and Sherwood & Merrifield
be rejected and their respective
checks be returned by the Clerk; and
be it further
RESOLVED, that the Board adjourn the
awarding of the sale of $65,000 Town
of Mamaroneck Fire District No. 1,5%
Fire House bonds to Monday, May 1st,
1922, at 8.20 P.M.
Upon motion duly seconded, it was
VOTED, that the certified checks of
the unsuccessful bidders be returned
by the Clerk upon receiving a receipt
therefor, and so noted in the minutes.
The Clerk thereupon returned the certified checks of
Watkins and Company and Sherwood & Merrifield.
Upon motion, the meeting adjourned to reconvene at 5. 20
P.M. May 1st, 1922.
Frederick M. Sherman
Town Clerk.