276043 WHITE - CITY CLERK �
PINK ' FINANCE � L��
CANARY - DEPARTMENT COl1tIC1I ��� � �E
BLUE - MAYOR G I T Y O F S A I N T PA LT L �ile N O.
City Attny/JTH • •
Council Resolution
Presented By ^
Referred To Committee: Date
Out of Committee By Date
WHEREAS, Pursuant to Resolution Council File No. 274899,
adopted May 8, 1980, the Mayor in cooperation with the District
Heating Development Company, Inc. , prepared a request for and
solicited proposals for underwriting services in connection with
the Saint Paul District Heating Project; and
WHEREAS, The proposal of E. F. Hutton & Company, Inc. , best �
met the requirements of the request for proposals and there has
been presented to this meeting an Investment Banking Services
Agreement between that Company and District Heating Development
Company, Inc. , for the provision of underwriting services;
NOW, THEREFORE, BE IT RESOLVED By the Council of the City
of Saint Paul that the proper City officers are hereby authorized
to execute on behalf of the City a consent to said Investment
Banking Services Agreement; and be it
FURTHER RESOLVED, That the retainer of the firm of Briggs &
Morgan by District Heating Development Company, Inc. , is hereby
consented to upon terms acceptable to the City Attorney.
�
COUNCILMEN
Yeas Nays uestgd by D rtment
Hunt
Levine Itl Favor
��
nn�nneno� ,J B
snoWaiter Against y
Tedesoo
� �EC g �g�p Fotm Ap y City A om
Adopt by Council• Date
I
rtified Pas by ouncil Secretary BY
App v y :Vlayor: Dat � � � 19BO Appro y Mayor Eor bmi s�ion to Council
By BY
dt�.3t!r•�E0 ��`:-=C 2 � 1980
EF Hutton & Company inc.
Member New York Stock Exchange
���,��"���
One Battery Park Plaza
CGHutton New York, New York 10004
Telephone(212)742-5000
October 17, 1980
Mr. William M. Mahlum
Commerce Building
9th Floor
St. Paul, Minn 55101
Dear Bill:
Enclosed are five Investment Banking Services Agreements
which have now been signed by both Hans Hyman and Scott
Pierce. As I mentioned to you on the phone, Page 8,
the ratification of the Port Authority, was replaced with
slightly modified language after Hans signed but before
Scott signed.
As we discussed, I think the best procedure from here will
be for you to procure the Mayor' s signature and then forward
these five contracts to Warren Preeshl in time for him to
have the Port Authority sign at their October 28th meeting.
With best regards,
Steve Lynch
enclosed �` G�� �c���tx.�l��-� �c
(/
cc: Warren Preeshl �9�O�z 11��'/-��G�G�i
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`=,��.;. ", Da t e ; December 5, 1980
C0 � � 1`�T�� � � P0 �`�
TO : Soint Poui Ci�y Council , .
F R O NI � COt'�1Pf1l�'��t� O�1 FINAP�CE, MANAGEt�IENT & PERSONNEL
r -
George McMahon , choi�man, makes the fol tawing
report ar� C. F. ' .[� Ordinance
(5) QX Resolution
,[� Qther
TtTLE : .
At its meeting of December 4, 1980, the Finance Committee recommended approvaT
of the following:
10. Resolution authorizing and directing City Officials to execute an AgrAement
with ISD #625 for purchase of playqround equipment for Parkway Elementary
School Playground. (11543-GP1)
11 . Resolution transferring $17,250 from Workers' Compensation Account to the
Tort Liability Account.
12. Resolution approving transfer of surplus funds from CD Year I Block 35 and
Harr�nond School site projects to CD Year I Contingency and approving increase
of $1 ,000 to CD Year III North End Multi-Service Center project.
13. Resolution appointing Bond Underwriter and Bond Counsel for District Heating
Project.
14. Resolution authorizing proper City Officials to enter into a p�:rchase - -
agreement for the purchase of property for Burns Avenue Park. .
CITl' �'�I-L SEVEVTH FLOOR SAINT PAUL, 1II�I�i�SC}F:� SSIQ'_
�.,.