Fanno Creek Bridge | July 9, 1918 | 6 | 6 Elgin-Minam Section Grading | July 9, 1918 | 1 | 1 Union-Telocaset Section | | | Grading | July 9, 1918 | 4 | 4 Elgin-Minam Section Grading | July 9, 1918 | 3 | 3 Ashland Paving | July 9, 1918 | 3 | 2 Divide-Comstock Macadam | July 9, 1918 | 1 | 1 Divide Overhead Crossing | Sept. 10, 1918 | 1 | 1 Divide Overhead Crossing | | | Grading | Sept. 10, 1918 | 1 | 1 Marshfield-Coquille Macadam | Oct. 8, 1918 | 2 | 2 | +-----------+----------- | | 216 | 182 -----------------------------+----------------+-----------+----------- Under the provisions of the Six Million Dollar Bonding Act, bonds to the amount of $2,190,000.00 par value have been sold. These bonds bear four per cent interest and mature in from five to twenty-five years from date of issue. An average of six proposals were made for each issue. ===========+==========+===========+===============+==========+========== Date of | Date of | Numbers | Highest |Par Value |Price Paid Sales | Bonds | | Bidder | | -----------+----------+-----------+---------------+----------+---------- Aug. 7, | Aug. 1, | 1- 520 | Lumbermen's | $ 500,000| $ 471,300 1917 | 1917 | | Trust | | | | | Company | | Sept. 12, | Sept. 1, | 521-1040 | E. H. Rollins | 500,000| 472,130 1917 | 1917 | | & Sons | | Mar. 15, | April 1, | 1041-1560 | Henry Teal | 500,000| 455,850 1918 | 1918 | | | | July 9, | July 1, | 1561-2280 | E. H. Rollins | 690,000| 643,770 1918 | 1918 | | & Sons and | | | | | A. B. Leach | | | | | +----------+---------- Totals |$2,190,000|$2,043,050 --------------------------------------------------+----------+---------- Under the provisions of Chapter 175 of the Laws of 1917, (Bean-Barrett) bonds to meet Federal co-operation are authorized. Four hundred thousand dollars par value of these bonds were sold August 18, 1918 by the Board of Control to the highest bidder, Clark-Kendall & Co., whose proposal was $381,160.00. These bonds are four per cent and mature in from four to eight years. The work accomplished during the biennium may be summed up as follows: