263271 WH17E — CITY CLERK �
PINK — FINANCE GITY OF SAINT PALTL COIIRCll �632`7� .
CANA+>Y -�- DEPARTMENT
�B�bJ�E ~ —MAYOR File NO.
Council Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
7 . The bonds of said issue shall be dated April
1, 1974, and shall be numbered from BBB-1 to BBB-800 both
inclusive. Interest on said bonds will be payable October
1, 1974 and semiannually thereafter on April 1 and October 1
in each year; and
8. Bonds of said issue , maturing in the years 1985
to 2004, both inclusive, shall be sub�ect to redemption in
whole or in part in inverse order of their serial numbers on
April 1, 1g84 and on any interest payment date thereafter at a
price of par plus accrued interest plus a premium of $75.00 if
redeemed before April 1, 1991; at a premium of $50 .00 if re-
deemed on or after April l, 1991 and before April 1, 1996; at
a premium of $25.00 if redeemed on or after April 1, 1996 and
before April 1, 2001; and without premium if redeemed on or
after April l, 2001. Notice of redemption shall be given by
publication of a notice of redemption once in a daily newspaper
of general circulation, or in a daily financial paper, published
in the City of New York, New York, and printed in the English
lan�uage, and once in a daily ar weekly periodical published
in a Minnesota city of the first class, or its metropolitan
area, and printed in the English language, which cir�ulates
throughout the State and furnishes financial news as part of
its service, such notice to be published not less than thirty
nor mare than forty-five days prior to the date fixed for
redemption, and if such notice shall have been given and pay-
ment thereof duly made or provided for, interest thereon shall
cease from and after the date so fixed for redemption.
_3_
COUNCILMEIV
Yeas Nays Requested by Department of:
Ko��nopatzk� � [n Favor
Levine
Meredith �_ Against BY
x�]�€�c�c Roedler
Tedesco
Mme.President � Htu1t �,�AR 2 O �97� Form Approved by C A tor y
Adopted by Council: Date
Certified se by Council Secretary BY
� d
Approved Mayor: Date R Z t9 4 Approved by Mayor f Submission to Council
By BY
pUBUSHED A
T "
. � .
.
CITY OF SAINT PAUL, MINNESOTA
LIST OF BIDS RECEIVED MAR.C,�,i 20 1974
,�4,000,000 WATER POLLtJ'.CION ABATEMEN� B�NDS SERIES 1974
NAMFt OF B�ID_FR COUPON RATE PREM„�UM �[�,�NTERES�COS.�
Bankers Trust Company ) 1977 - 1988 5.25% 499.78 $ 3,853,735.22�
Blyth Eastman Dillon & Co., Inc;) 1989 - 1996 5.40 (5,423976%)
Chemical Bank ) 1997 - 2004 5.50
Smith, Barney & Coo, Inc.
Kuhn, Loeb & Co,
Republic National Bank of Dallas
Shields & Company, Inc.
National Bank of North America
Bacon, Whipple & Co.
Robert Garrett & Sons Municipals
The National Shawmut Bank of Boston
Parker/Hunter Inco::porated
First National Bank in St. Louis
The First National Bank of St. Paul
Stern Brothers & Co. °
First Nati.onal Bank of Minneapolis
Third National Bank in Nashville
Wachovia Bank & Trust Co.
Seattle Trust & Savings Bank
A1lisan Williams Cornpany
Boettcher and Company
Salemon Brothers 1977 - 1991 5.30% 804.40 3,856,405060
Morgan Guaranty Trust Company of New York 1992 - 1995 5.40 (5.�:277%)
Bear, Stearns & Co. 1996 - 2004 5.50
Danaldson, Lufkin & Jenrette Securities Corp. _
Halsey, Stuart & Co., Tnc. 1977 - 1989 5030% 1,20Q.00 3,857,330.00
1990 - 1996 5,40 (5.4290%)
1297 - 2004 5.50
2'he Chase Manhattan Bank, N.A. 1977 - 1991 5.25% 1,400.00 3,861,205.00
Harris Trust and Savings Bank 199Z--: 7.993 5.30 (So4345°/0)
Merrill Lynch, Pierce, Fenner & Smith Inc. 1994 - 1995 5.40
(Jt. Mgr,) 199b - 2000 5.50
Lehman Brothers Incorporated 200]. - 2004 5.60
The First National Bank of Oregon
John Nuveen & Co. Incorpora�ed
Seattle-First National Bank
I,.F. Rothschild & Co.
First National Bank in Dallas
First Wisootisin National Bank of Milwaukee
(continued next page)
. .
, _ s
I "
'List of bids received �arch 20, 1974
$4,000;000 �ater Pollution Abatement Bonds, Series 1974
�iA�1E OF BIDDER COUPON RATE PREM„�UM �J� T1V�EREST COST
Marine Midland Municipals
Franklin National Bank
Trust Companyof Georgia
The First National Bank of Nliami '
BancNorthwest, Chicago
Union Planters National Bank
Matthews & Wright, Inco
First Pennco Securities, Inc.
Industrial NationalBank of Rhode Island
J.C. Bradford & Co. _ .
Clark, Dodge & Coo, Incorporated �
Abraham & Co., Inc.
Cowen & Co.
Fidelity Union Trust Go.
First National State Bank of New Jersey
Geo. B, Gibbons & Coe, Inc.
Chester Harris & Co., Inc.
W, E. Hutton & Co.
Provident National Bank
Wood, Walker/Legg Mason
Divisions of First Regional Securities, Inc.
Blunt Ellis & Simmons
Commerce Bank, Kansas City '
The First National Bank of Atlanta
Johnston, Lemon & Co., Washington, D.Co
National Bank of Commerce, Memphis
Reinholdt & Gardner, St. Louis
United Missouri Bank of Kansas City, N.A.
Ernst & Coo
Folger No1an Flemi.ng Douglas Incorporated, Washington, D.C.
McMaster Hutchinson & co., Chicago
J.A. Overton, Coronado
Shaughnessy & Company, Inc., St. Paul
Suplee-Mosley Inc., Philadelphia
Wells & Christensen, Incorporated
The First National Bank of Chicago (Mgre) 1977 - 1979 5.25% 1,198.03 $ 3,866,591.97
The Northern Trust Company 1980 - 1997 5.40 (5.442072%)
Continental Illinois National Bank 1998 - 2004 5.50
and Trust Company of Chicago,
riellon Bank, N.A.
tid. Ho Morton & Co, Division of
American Express Company
White, Weld & Co., Incorporated
Dean Witter & Co.
Mercantile Trust Company National Association
Girard Bank
Hayden9 Stone Inca
La Salle National Bank ; �
E. F. Hutton & Company, Inc, �
The Bank of California N.A.
Pacific National Bank of. Washington
�First National Bank & Trust Co., Oklahoma City
_2_
_ _ _ > _ _
L�s�E"of bids received March 20, 1974
'$4,000,000 Ldater pollution Abatement Bonds, Series 1974
. •
� � 0�' ��,DD�R COUPON RATE PREMIUM N�.T,�NTIItEST COST
American National Baik, St. Paul �
First National City Bank ) 1977 - 1983 5.30% 430.00 $ 3,868,0OO.OQ
The First Boston Corporation ) Jt. 1984 - 1996 5.40 (5.4440%)
The Bank of America, N.T. & S.A.) Mgrs. 1997 - 2004 5.50
United California Bank
Weeden & Co., Inc.
Bank of the Commonwealth
Loewi � Co., Inc. •
North Carolina National Bank
Stephens, Ince , .
Ma.rine National Exchange Bank
The Chicago Corporation
Thamson & McKinnon, Auchincloss, Kohlmeyer, Inc,
Brown Bros. Harriman & co.
Juran & Moody, Inco
Kidder, Peabody & Co,, Incorporated 1977 - 1996 5.40% 903.60 3,872,516.40
1997 - 2004 5.50 (5.45C1410%)
_
ROBERT W. TRUAEAU, Director
Department of Finance and Management
" Services
�Successful bido
�
,
. . � _ . .