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RM 10-06-60
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RM 10-06-60
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11/6/2012 3:45:57 PM
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Vi. imbrmmss mi p0mv <br />Mr. Kocz n suggested contacting the members of the Demolition Committee for their <br />participation in a further discussion of the demolition work for the Sample Street Project. <br />The members of the Committee will be contacted to arrange for a meeting on Thursday, <br />October 13, at 10:30 a.m. at the office of the Commission, 129 West Colfax Avenue. <br />Urban Redevelopment Bonds worth $1, 100,000 were sold on September 1, 1960 to <br />Salomon Brothers & Hutzler, a Chicago and New York finance firm, at 2.5979 per cent <br />interest. The bonds were formally signed in Chicago on September 28, 1960 by Mayor <br />Frank J. Bruggner and Controller Edwin L. Davies. <br />It was re orted that $ 900, 000 had been invested in U. S. Treasury Bills: $ 500, 000 in <br />90 day no es, $200,000 in 60 day notes, $200,000 in 30 day notes. Approximately <br />$200,000 of the bond receipts will be used for project expenditures immediately. <br />On motio made by Mr. Koczan, seconded by Mr. Place and unanimously carried, the <br />meeting a journed at 11:55 a.m. <br />X -'Ae�� I& <br />Mr. Frei el n, President Mr. Jame G. Louis, Secretary <br />
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