Nyssa Gat« City Journal, Nyssa, Oregon
Pag« Tw«lv«
Thursday, April 3, 1975
NOTICE OF BOND SALE
Sealed proposals will be received by the undersigned until
8:00 o'clock P M. on the
14th day of April, 1975, and
immediately thereafter will be publicly opened by the District
School Board of School District No. 26, Malheur County.
Oregon, for the purchase, at not less than par value thereof
and the full amount of accrued Interest thereon, of the
following described negotiable general obligation coupon
bonds of such school district, in the principal amount of
52.354,000, dated April I. 1975, in denominations of 55.000
each, excepting bond No. 471 to be in the denomination of
54.(XXI. and maturing serially in numerical order as follows:
Bond Numbers
ARMOUR'S DINNER
MW
MARKETS
FRANKS —
MORRELL S YORKSHIRE
CHEESE
AKMOl RS
5 VARIETIES
LUNCH MEAT
western family
BACON
USDA INSPECTED
FRYER
RABBITS
►
F
k
k
k
k
k
2-2' > lb. AVG.
"NORTHERN"
Plus
k
89t
11 1 lb. PKG.
FRYERS
USDA CHOICE
BACON
2 Ib. BOY
I CUT— UP
ffoucp, of
SL 98
$1.49
i 49t
$1.89
494
k
k
k
$1.49
COD FILLETS
MRS. FILBERTS
8 AM. TO 8 P.M.
9 AM. TO 6 P.M
WEEKDAYS
SUNDAYS
;
MARGARINE
I lb. RAINBOWL
20c COUPON
W/COUPON
GRADE
WHOLE
FAMILY PACK
FRYERS %
CUT-UP
49*
Mssi
EXP. 4-5-75
GOOD AT M A W
KRUSTEAZ
PANCAKE MIX
REt;. OR HONEY WHEA1
W COI P<»
3' > lb. PKG.
2S ( OlPON
89*
EXP. 4—5—1975
GOOD ATM* W
LEGS I
THIGHS
NON FOODS
FROZEN FOODS
FLEISCHMANS
EGG
BEATERS
LB.
»••«-
69*
EXCEDRIN
9*
-
SWANSONS
!
7
/
S tar
J t 4 / w
1
MACARONI «
CHEESE
DINNERS
EVERFRESH 8 oz.
VEGETABLES
BROCCOLI SPEARS
CAUUFOWER,
BRUSSEL SPROUTS
NYSSA
60 CT.
TABLETS
band - aid
BANDAGES
WILLIAMS 3 oz.
LECTRIC
SHAVE
69*
Of.
J1 19
3‘.
TEGR1N LOTION
SHAMPOO
WHOLE SUN
WILSON’S
ORANGE
CO
JUICE
12 « J7 c
SMOKH) PICNIC
HAMS
24 « «.
DEEP FRIES.
--
BUTTER OR ONIONS, SI
HASH BROWNS
•* >
POTATOES
SHORT SHANK
69*
BANQUET DINNER. 5
CHICKEN, MEXICAN
TURKEY, SALISBURY, 0l
MEATLOAF.
II M- J,
1*
SALAD
TEGRIN
SHAMPOO
19*
BUGS BUNNY
Mrl. M 89
VITAMINS
W/IRON
BUGS BUNNY
60CT.
$p»
MULTIPLE
VITAMINS
49*
SALAD
VA
I. A LI
fresh
OA
AVOCADOS
WHITE OR PINK MEATED
GRAPEFRUIT
10/$l
98t
8 lb.
BAG
MUSHROOMS
lb.
HEINZ
19t TOMATO SAUCE
7/Sl
BEANS
3/89€ PAPER TOWELS ^2/19t
PEANUT BUTTER SI
TOILET TISSUE ^«^S9t
BEEF STEW
S9t CHILI CON CARNE -3/SÎ
DINNERS ‘—■“7 4/31 BROWNIE MIX
99t
DOG FOOD
$2.89
J mi | k
W9 w
KETCHUP »- ».
fl oz.
CANS
WESTERN SHORES
PETER PAN KRUNCHY OR CREAMY
DECORATED
CHARMIN
CHB
wt.Air.11rs tArviii.
1 «r,<».
WESTERN
FAMILY
REG. ox
OR rwi
HOT
-------
24 oz.
MACARONI
m
DUNCAN
DUNCAN HINES
HINES FUDGE
FUDGE
23 or. PKG.
BOW WOW
A
50 lb. BAG
ÄÄ
IS- 29. Inc.
30 45. Inc
46- 62, Inc.
63 NO. Inc.
HI 99. Inc
100 119, Inc.
120 140. Inc.
141 163. Inc
164-185. Inc
186-209. Inc.
210 234, Inc
235 260. Inc
261 287. Inc.
288-315. Inc
316 344. Inc.
345-374. Inc
375 405. Inc.
406-437. Inc.
438 4 70. Inc.
47|
1975
1976
1977
1978
1979
1980
1981
1982
I9H.3
1984
1985
1986
1987
1988
1989
1990
1991
1992
I 'N I
1994
1'194
The bonds of the issue that mature after December 1, 1984
will he redeemable at the option of the school district in
inverse numerical order at par and accrued interest to the
date of redemption on December I. 1984 and upon any
interest payment date thereafter
The bonds will hear interest payable semiannually, on June
1st and December 1st at such rate or rales, in multiples of
one-fourth ('«th) or one tenth (1 10th) of I percent, not
exceeding a net effective rate of seven percent (7%)
per annum, as shall be specified by the successful bidder The
bonds shall have but one coupon for the interest due on any
interest payment date. Both the principal of and the interest
on the bonds will be paid at the office of the county treasurer
of Malheur County. Oregon, at Vale. Oregon.
The difference between the highest and lowest interest
rates bid shall not exceed one and one half pen-ent (l‘A%)
per annum. The bonds will be sold to the highest bidder, but
the district school board reserves the right to reject any or all
bids Unless all bids are rejected, the bonds will be awarded to
the bidder complying with the terms of the notice of sale, and
submitting the bid which, if none of the bonds are called for
redemption prior to final maturity date, provides the lowest
cost to the school district.
Each bid must be unconditional, must be accompanied by a
certified check or cashier's check in favor of the district, of or
upon a bank doing business in the state of Oregon, in the sum
of 547,080.00. and must be enclosed in a sealed envelope
addressed to the undersigned and marked on the outside
“Proposal for Bonds." No interest will be allowed on the
deposit with the bid. and the check of the successful bidder
will be retained as part payment of the bonds or to secure the
school district against any loss resulting from failure of the »
bidder to comply with the terms of its bid
Each bidder shall include in its bid a statement of the total
interest cost to the district, if its bid be accepted, provided
none of the callable bonds of ihe issue are redeemed prior to
final maturity date The successful bidder will be furnished,
without cost, with the approving opinion of the law firm of
Rankin. Walsh. Ragen A Roberts. Attorneys at Law. 620
Morgan Building. Portland. Oregon, to the effect that Ihe
bonds are valid and legally binding general obligations of
School District No 26. Malheur County. Oregon, and, unless
paid from other sources, are payable from ad valorem taxes
levied upon all of the taxable property within the District
without limitation as to rate or amount. The firm will also
furnish a statement in such approving opinion that they have
taken into account litigation recently instituted in certain
states, including Olsen v State of Oregon, challenging the
constitutionality of the present system of levying taxes and
applying funds for public school purposes, and that tt docs not
modify or qualify the conclusions slated in their opinion The
successful bidder will also be furnished with certificates in
form satisfactory to the law firm evidencing the proper
execution and delivery «1 the bonds and receipt of payment
therefor The obligations hereunder to deliver or accept the
bonds pursuant hereto shall be conditioned on the availability
and delivery at the time of delivery of the bonds of the
approving opinion, and of a certificate, in form and tenor
satisfactory to the law firm and dated as of the date of such
delivery, to the effect that there is no litigation pending or
threatened, to the knowledge of the signer or signers thereof,
relating to the bonds, which certificate will make reference to
the litigation referred to above and will stale the Issuer is not
a party to such litigation
The legal opinion of the law firm of Rankin. Walsh, Ragen
A Roberts, hereinabove referred to. will be printed on the
reverse side of the bonds at the expense of the District.
The bonds will be delivered complete, without undue delay,
at the expense of the school District, at such city in Oregon as
the successful bidder shall name.
W. L. McPartland
Clerk of School District No. 26
Malheur County. Oregon
Address: Nyssa, Oregon 97913
98t
Dale of second public at Ion April I
|97$
C.A. DELICIOUS
APPLES
4/$l
PKG.
JACK—N—BEANSTALK
CUT OR SLICED
IS'/. oz. CANS
December
December
December
December
December
December
December
December
December
December
December
December
December
December
December
December
December
December
December
December
December
Dale of tirsi publication Manti 27. 1975
STALK CELERY 4/SIIEAF LETTUCE
lib.
Maturity Dates
14. Inc
ASSORTED
LARGE
BUTTER
|09
TUBE
FRESH
ASPARAGI!
rojHjirofs
MAID—O—CLOVER
|09
59c
w
" J?
fQC
J'
S
►
►
►
►
►
I
'/
CARNATION INSTANT
14 QT
EATWELL
at. CANS
LAIWLLL 6'/»
O'/; 01.
a
CHUNK BONITA
WESTERN FAMILY
TOMATO SOUP
AJAX GIANT SIZE
DETERGENT
WISK
2/19t
6/SI
SU9
c $1.89
with every
$5 00 purchase
39*
Reg $1.19
49 oz
|25e OFF LABEL)
DETERGENT
*/>
VIVA ASSORTED FLAVORS
LaMeta Completer Feature
YOUR CHOICE
ICED MILK OR
MEADOW GOLD
SHERBET
JAVA J.
'/»
gal .
79*
Haoular $1 »9 Each
( »ly I? 99 each week
No purchAM required
»