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05-24-55 v MINUTES OF THE ADJOURNED MEETING OF THE ATLANTIC BEACH TOWN COUNCIL HELD AT THE TOWN HALL ON TUESDAY, MAY 24th, 1955 AT 8 P.M. Present : Norman Minchew Marvin Carr E. Gerry Adams L.J. "Jack" Feather R.S. Thames, Councilmen and J.A. Reid, Mayor Frank Thompson, Town Attorney J.D. Brotchie , Town Manager Adele S. Grage, Town Clerk The meeting was celled to order by the President, Mr. Minchew. Mr. W.P . Cox, Jr. of Southeastern Contracting Co. was present with other representatives from his firm, low bidders on Parts "A" and "C" on water system improvements. There was considerable discussion on the various phases of the work and where it might be possible to save any money, but the discussion always seemed to center around the well. Southeastern Contracting advised that they had gotten prices from 3 companies on the well for $15,000. , 16,000, and $20,000. , and had used the $15,000. figure in their bid. here is some question as to whether we want or need a well of the depth and casing as specified by the Engineers, that per- haps a well cassed to 550 ft. would be sufficient. This discussion was deferred until later in the meeting in order to discuss the Bond Issue with Mr. Garrison of the firm of Puerce, Garrison, Wulbern, Inc. the Town' s Fiscal Agents. Mr. Garrison enumerated the following which would be estimated costs to be covered by the Bond money: Emergency line (now under contract) $15,136. 50 Water Tank (low bid) 23,495.00 Water Plant & Mains (low bid) 158,711.60 Contingencies (5%) 9,656.90 Engineer 's fee 16, 500.00 Administration 2, 500.00 Inspection 3,000.00 Land acquisition 1,000.00 Labor & material to make change over 10,000.00 Legal & Fiscal agent fees 5,200.00 1 year interest during construction 9,100.00 Total 254,300.00 Mr. Garrison advised that by adding a miscellaneous item of $5,700. would make the issue $260,000. which would amply cover any costs that might arise on this project. There was considerable discussion during which it was brought out that the Council does not wish to get any more than is necessary to have to pay interest on. After further discussion Mr. Adams presented the following Resolution # 55-6; and moved its adoption: RESOLUTION NO. 55-6 RESOLUTION AUTHORIZING AND DIRECTING SALE OF UTILITY REVENUE BONDS IN THE AGGREGATE SUM OF $255 ,000.00 WHEREAS, the Town of Atlantic Beach, Florida, by • Ordinance No . 172 duly and regularly adopted at its meeting held on the 15th day of February, 1955, did provide for the erection and construction of a waterworks system in said Town, and authorized the issuance of X260,000.00 Utility Revenue Bonds of said Town to finance the cost of such erection and construction: and WHEREAS, said Town has received bids from divers con- tractors for the performance of said work, which said bids have been tabulated and studied, and said Town Council has consulted and conferred with its Engineers, Smith & Gillespre, and its fiscal agent , Pirce, Carrison, Wulbern, Inc. , and has now found and determined that the total cost for the erection and construction of said waterworks system will be ; 255,000,00; NOW THEREFORE, BE IT RESOLVED by the Town Council of Atlantic Beach, Florida, at a meeting of said Council duly and regularly held on this the 24th day of May, 1955: 1. That of the bonds authorized to be issued by said Ordinance No. 172 as aforesaid, said Town of Atlantic Beach do sell and issue its bonds in the aggregate sum of $255,000.00, and that the Town Clerk be and is hereby authorized and directed on behalf of said Town to advertise for sale the said bonds in the manner and as provided by law, and to do all such other acts and things as may be necessary or proper to effectuate the valid sale of said bonds in the aggregate sum of yp255,000.00. 2. That this resolution shall take effect immediately upon its adoption, and shall be recorded in the minutes of this meeting. y�.eltir.M.�! Said motion to adopt said Resolution was seconded by Mr. Thames, and having been duly considered the President put the question thereon, and upon the Roll being called the vote was as follows : Aye : Adams, -Carr, Feathers Minchew, Thames Nay: None 1? r Whereupon the President declared the motion carried and Resolution -pa-sseel. Mr. Carrison advised that it will be approximately 3 weeks before the bids can be received, and that he sees no reason why the Council can't go ahead and accept the bids for the work and be ready to start as soon as the bids are received on the Bonds. Discussion was resumed concerning the awarding of the contracts and the depth the well should be cased. Thereupon Mr. Cox of the South- eastern Contracting Co. stated that if the contract were awarded to his company that he would give the Town a letter that the well could be eliminated from the contract and the contract proce reduced by $15,000.00 at any time prior to the beginning of actual construction of the system. Thereupon Mr. Thames proposed the following Resolution Resolution #55-7 and moved its adoption: RESOLUTION # 55-7 BE IT RESOLVED BY THL TOWN COUNCIL OF THE TOWN OF ATLANTIC BEACH, FLORIDA, That (1) The bid of Southeastern Contracting Company of Birmingham, Alabama in the sum of $158,711.60 for the erection and construction of Parts "A" abd "C" of waterworks system for said Town be accepted . with the right reserved to the Town and to be evidenced by letter from the Southeastern Contracting Company to eliminate from the work the well and the price therefor be reduced by the sum Tpf $15,000. and that the contract be awarded to the Southeastern Contracting Co. , but containing provision for elimination of well as aforesai , and that May 24th, 1955-Page#3 (2) The bid of Whitmire Tank Co. of Jacksonville, Fla. for the erection of tank as contemplated by Part "B" of the In- vitation for Bids be accepted and that said Whitmire Tank Co. be awarded the contract for doing this part of work at price of $23,495.00. , and that (3) The Mayor and Town Clerk be and are hereby authorized on behalf of the Town to sign contracts with said Southeastern Cpntracting Co. and Whitmire Tank Co. as authorized by this Reso- lution, such contracts to be in form to be approved by the Town's Engineers, Smith & Gillespie and Town Attorney Frank Thompson. Said motion to adopt said Resolution # 55-7 was seconded by Mr. Carr , and having been duly considered the President put the question thereon, and upon the roll being called the vote was as follows : Aye : Adams, Carr, Feather, Minchew, Thames. Nay: None Whereupon the President declared motion carried and Resolution passed. Upon motion of Mr. Adams the meeting adjourned from day to day at 9 :50 P.M. • " _,-- / .--Lf y/át /fLL (v — Attest: Nprman A. Minchew, President sJslA.4: 7----- Adele S. Grage. To Clerk MINUTES OF THE ADJOURNED MEETING OF THE ATLANTIC BEACH TOWN COUNCIL HELD AT THE TOWN HALL ON TUESDAY, MAY 24TH, 1955 at 10:P.M. The Council re-convened in adjourned session to consider the matter of amending Ordinance if 140 which Ordinance restricts the location of vendors of alcoholic beverages , and upon motion of Mr. Thames, seconded by Mr. Adams an Ordinance entitled " An Ordinance Amending Ordinance # 140 in oec. 1 B by striking words "West of Pine Street" and Inserting "West of Mayport Road" was passed on first reading by title only. Upon motion of Mr. Thames, seconded by Mr. Adams it was passed on 2nd reading. Upon motion of Mr. Adams the meeting adjourned from day to day at 10:10 P.M. Incittk__,>ci-L-e-A-S-- Norman Minchew, President Attest: (th,g7- (2 - Adele S. Grage, Town C erk 410 i