87-341 WHITE - CITV CLERK
PINK - FINANCE G I TY OF SA I NT PALT L Council p�_3��
BLUERy - MAVORTMENT �
File N 0.
Council Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
8 . Headin s. Headin s in this resoluti
g on are
included or convenience of reference nly and are not a part
hereof, a d shall not limit or define he meaning of any
provision hereof.
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COUNCILMEN Requested by Department of:
Yeas Drew Nays �
�� FinanCe & Management Services
Rettman Itl F8V0[ �
Scheibel � � �
Sonnen __ AgalllSt BY �
Tedesco
Walson
Adopted by Council: Da e MAR � � 17U� Form Approved b City Attorne
,
Certified Y - d y Council S eta BY `
By
Approv h ,�a�o�: D _ �M 19 1987 Approv by yo Submi s' n to Council
By� - - — By
P ISHED ��� � 1987 �
SPRINGSTED I iCORPORATE�' I
Exhibit A �7 —� �l
, -�cli�Firance A wsors
�5 East Severth !ace,Suite ?00
, Sa:ot Pau!,n,9�rne cta 55101•2143
0�2�223�3000 I
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� $500,000
CITY IOF SAIJ�IT PAUL, MINNES TA
GEI�R L OBLIGAI�ION URBAN REPEWAL B NDS, SERIES I987
AWARD: THE FIRS� NATIONAL BANK OF SA NT PAI�
FIR$T BANK MINt�EAPOLI
NORWFST INVESTAAENT SERVI , INC.
SALE: March 16, 1987 S 8�P's Rating: AA+
' Moody's Rating: Aa
Interest Netlnterest
Bidder Rates Price Cost & Rate
THE FIRST NATIONAL B NK OF SAIIN$ 3.809b 1988 $494,I50.00 $145,268.75
PAUL I 4.0090 1989 - (5.363°10)
FIRST BANK MINNEAP IS � 4.2596 1990
NORWESTINVESTMENTSERVICES,jIN . 4.50% 199i
j 4.75% 1992
� 5.00% 1993
' S.20% 1994 �
' S,40� I995
� 5.55% 1996
- , i 5.7096 1997
SMITH BARNEY, HARR UPHAM 8R � 3.90% 1988 $493,900.00 $146,889.58
COMPANY INCORPO ATED � 4. 109�'0 1989 (5.423615%)
SHEARSON LEHMAN B OTHERS � 4.4096 I990
INCORPORATED 4.65% 1991
DEAN WITTER REYNO DS �� 4.85% 1992
INCORPORATED 5.00% 1993
Boettcher & Company, I corporated, 5.2096 1994
5.40% 1995
_ _ _ ____ 5�60qo I996 � _
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