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<br />further presented a Resolution of the Trustees of Indian River County Public Hospital, re -
<br />Awarding $750,000.00 for Hospital Bonds to B. J. Van Ingen & Co., Inc. & Associates.
<br />ter some discussion in the matter and upon Motion made by Commissioner Hamilton, Seconded by
<br />sioner McCullers and unanimously accepted the following Resolution was adopted:
<br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
<br />INDIAN RIVER COUNTY, FLORIDA, AWARDING $750,000
<br />HOSPITAL BONDS.
<br />WHEREAS, pursuant to notice heretofore duly published for the sale of $750,000
<br />ital Bonds, dated February 1, 1959, the following sealed proposals have been received:
<br />The proposal of B. J. Van Ingen & Co., Inc., Hirsch & Co., Clement A. Evans & Co.,
<br />Inc. & Allison Williams Co. offering to pay the sum of Seven Hundred Thirty -Five Thousand
<br />Sixty -One and 50/100 dollars ($735.061.50), together with accrued interest from the date thereof
<br />to the date of delivery thereof, for said Bonds bearing interest at the rate of
<br />centum (4 1/4 %Q) per annum on the Bonds maturing in the years 1963 to 1984, inclusive, at
<br />the rate of per centum ( %) per annum on the Bonds maturing in the years to
<br />inclusive and at the rate of per centum ( %) per annum on the Bonds maturing in
<br />the years to , inclusive, being a net interest cost of $529.613.50.
<br />The Proposal of Merrill Lynch, Pierce, Fenner & Smith, Inc., Goodbody & Co., and
<br />J. Sims & Co., Inc. offering to pay the sum of Seven Hundred Thirty -Five Thousand Two
<br />d Twenty Five dollars ($735,225.00), together with accrued interest from the date thereof
<br />Ito the date of delivery thereof, for said Bonds bearing interest at the rate of five per centum
<br />�(5%) per annum on the Bonds maturing in the years 1963 to 1966, inclusive, at the rate of four
<br />and one-quarter per centum (4kjL) per annum on the Bonds maturing in the years 1967 to 1975, in-
<br />lusive, and at the rate of four and one-half per centum (4�%) per annum on the Bonds maturing
<br />in the years 1976 to 1984, inclusive, being a net interest cost of $Five Hundred Fifty Three
<br />Nine Hundred and Seventy -Five Dollars ($553,975.00)
<br />The Proposal of John Nuveen & Co., and Leedy, Wheeler and Alleman, Inc., offering
<br />oto pay the sum of Seven Hundred Thirty Five Thousand and 00/100 ($735,000.00) together with
<br />d interest from the date thereof to the date of delivery thereof, for said Bonds bearing
<br />interest at the rate of Four and one-quarter per centum (4k%) per annum on the Bonds maturing
<br />in the years 1963 to 1978, inclusive, at the rate of Four and 40/100 per centum (4.40%) per
<br />annum on the Bonds maturing in the years 1979 to 1983, inclusive, and at the rate of Four and
<br />1/4 per centum (k%) per annum on the Bonds maturing in the years 1984 to , inclusive,
<br />being a net interest costo $Five Hundred Thirty Seven Thousand and One Hundred Thirty Dollars
<br />1($537.130.00)
<br />WHEREAS, the proposal of B. J. Van Ingen & Co., Inc., Hirsch & Co., C.ldment-&4.!EvansG
<br />&r.C9.°y!.1,nc., and Allison -Williams Co., referred to in the preambles hereof, is the highest and
<br />st advantageous of said bids, and in all other respects complies with said notice of sale;
<br />therefore,
<br />FOLLOWS:
<br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA,
<br />Section 1. That the proposal of B. J. Van Ingen & Co., Inc., Hirsch & Co., Clement
<br />. Evans & Co., Inc., and Allison -Williams Co. referred to in the preambles hereof, be and the
<br />same is hereby accepted, and the following described Bonds of the County of Indian River,
<br />
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