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Newspaper
Bessemer Herald
Location
Bessemer, Michigan, United States of America
Date
Dec 28, 1950
Page
6
Common Council approves borrowing of $19,000 in anticipation of next year’s operating taxes to fund current expenses. Notes dated January 15, 1951 will mature October 1, 1951 with interest not to exceed 4 percent. bids due for sealed sale with required cashier’s check.
City notes sale requires buyer attorney approval and notes ready for execution. City Clerk to fix bid time and publish notice after approval. Housing Commission contract with Richard W Northup approved as to form and funds to come only from Commission assets tied to federal low rent programs. Edith and Oscar Hill to be paid 167.70 for right of way after deed. Meeting adjourned with 7-0 vote. Holiday visits noted.
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