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257389 ORIGINAL TO CITY CLBRK ���� CITY OF ST. PAUL FIOENCIL NO. • OFFICE OF THE CITY CLERK COUNCIL RESOLUTION—GENERAL FORM PRESENTED BYO COMMISSIONE ATF WHEREAS, The Council did by Resolution No. 257131, approved January 21, 1972, authorize the issuance and sale of $4,500,000 Capital Improvement Bonds, Series 1972, to be dated February ln, 1972, and as the proper city officers have fully caused the said bonds to l�e advertised for sale and said advertise- ment required sealed bids to be submitt'ed on February 14, 1972, and as the bids were submitted and opened, examined and tabulated by the City Comptroller, and the City Comptroller made the recommendation to the Council that the (joint) bid of Halsey, Stuart & Co., Inc. , DuPont Glore Forgan Municipals, Inc., joint managers, and associates was found to be the most advantageous, therefore be it RESCJLVED, That the (joint)�,bid of Halsey, Stuart & �e�y '•�3nc�., DuPont Glore Forgan Municipals, Inc., joint managers, and associates � be accepted and said bonds' awarded �at' a price, namely, par and accrued interest with coupon rates as foTlows: 1973 - 1979 3.75 1980 3.90 1981 - 1982 4.00 and a premium of $9,900.00 ; be it � _:: FURTHER RESOLVED, That the Council he�eby ratifies and approves each and every act of the Sinking Fund Committee in connection with the sale of the said bonds. FO M APPROVEL� `,. �. a Asst. Corporation Counsel FEB 14 197� COUNCILMEN Adopted by the Council 19— Yeas Nays � Butler � F E8 1 4 ��Z � Conway rov 19` Levine n Favor Meredith /� Sprafka �J Mayor A gainst Tedesco Mr. President, McCarty PUBLISHED FE� ], 9� O . ourucws�ro nnwmt � CITY OF ST. PAUL �uNCi� NO. • OFFICE OF THE CITY CLERK ' ' COUNCIL RESOLUTION—GC-�IERAL FORM PR�ENTED 6T COMMISSIONEQ nq� WI�RBAB, The Council did bq Reaolution No. 257131, approved January 21, 1972, authorize th� ia�uance sad �ale of $4,500,000 Capital Improvement Bond�, Series 1972, to be dated F�brusry 1, 1972, sad sa the proper city officere have fully caueed the taid boada to be adverCi�tsd for eale and said advsrtise- meat required saaled bida to be eubmitted on February 14, 1972, aad aa the bida �er� submitted aad opeaed, ex�amiatd aad tabulated by the City Co�eptroller� and the City Caa�ptroller made the recommendation to the Couacil that the (joiat) bid of Halsey, Stuart 8 Co., Inc., DuPont Glore Forgan M�aicipals, Inc., joint managers, aad aseociatea was found to be the most advaatageous, tharefore be it RB3aLVSD, That thn (joint) bid of Ralsep, Stuart � Co. Inc., DuPant Glore Forgan Municipals, Inc., joint mar�stgets, aad aseociates b• accepted �nd said bonda awarded at a price, namely, par and accrued interest Nith coupoa rates as folloas: 1973 - 1979 3.75 1980 3.90 1981 - 1982 4.00 and a prsmium of $9,900.00 ; be it F�URT�B RBSa.VSD, That the Council herebq ratifia� and approves each and every act of the Sinking Fuad Comasittee in connection with the sale ot the �aid bonds. F E� 14 187.� COUNCILMEN Adopted by the Council 19� Yeas Nays Butler FEg 14 19� �� ��y � Approv�� 19_ Levine Tn Favor Meredith Sprafka � Mayor A gairi8t Tedeaco Mr. Pre�ident, McCarty �� s ' CITY OF SAINT PAUL, MINNESOTA - . LIST OF BIDS RECEIVED FEBRUARY 14. 1972 $4,500,000 CApITAL IMPROVEMENT BONDS. SERIES 1972 NAME OF BIDDER C� PREMIUM NET INTEREST COST Halsey, Stuart & Co. Inc. )Jt. 1973-79 3.75% 99.00 $ 945,000.00 DuPont, Glore Forgan l�unicipals, Inc.)Mgrs. 1980 3.90 (3.8181X,) 1981-82 4.00 The Philadelphia National Bank Crocker-Citizens National Bank Shearson, Ha�ill & Co. Incorporated The Connecticut Bank � Trust Company A. G. Becker & Co. , Incorporated � G. H. Walker � Co. Incorporated Boston Safe Deposit and Trust Company Banco Credito y Ahorro Ponceno New York �dams, McEntee � Company The Bank of Virginia Rand � Co. , Inc. Tecott, Jackson, Wilson White & Co. Lombard/�Tall Incorporated Detroit Bank & Trust National Bank of Commerce of Seattle R. D. White & Company Ball, Burge & Kraus ftalle � Stieglitz, Inc. George R. Baum & Company State Street Bank and Trust Company The National City Bank of Cleveland The Heitner Corporation Hibbard, 0'Connor & Weeks, Inc. A. Duncan i�illiams Inc. Mullaney, Wells & Company Shelby Cullom Davis & Co. Hallowell, Sulzberger, Jenks � Co. A. Webster pougherty � Co. , Incorporated Lyons, Hannahs � Lee, Inc. Raffensperger, Hughes � Co. , Inc. Wells, Townes � Company, Inc. Sellers Securities, Inc. � Colin, Hochstin Co. i7ood Brothers-Peebles Investment Corp. , Municipal Securities, Inc. Bankers Trust Company )Joint 1973-77 3.50% 374.24 949,125.76 Blyth & Co. , Inc. )Managers 1978 3.75 (3.834996) Chemical Bank 1979-82 4.00 Robert Garrett � Sons, Inc. Kohlmeyer � Co. Parker/Aunter, Inc. The Pirst National Bank of St. Paul List of,Bids Received February 14, 1972 Page, 2 $4;500,000 Capital Improvement Bonds NAML' OF BIDDER COUPONS PREMIUM NET INTEREST COST Wachovia Bank � Trust Company Baker, Watts � Co. Boettcher � Company Morgan Guaranty Trust Company of New York 1973-77 3.50% 4,158.00 $ 951,192.00 Salomon Brothers 1978-90 3.90 (3.8432%) 1981-82 4.10 Donaldson, Lufkin & Jenrette, Inc. 1973-78 3.70 2,875.50 952,024.50 1979-80 3.90 (3.8465�) 1981-82 4.00 The Chase Manhattan Bank, N.A.)Joint 1973-78 3.70'% 1,066.50 953,833.50 Aarris Trust and Savings Bank )Managers 1979-80 3.90 (3.8538X) Merrill Lqnch, Pierce, Fenner � Smith, Inc. 1981-82 4.00 First National Bank of Oregon John Nuveen � Co. Incorporated Seattle-Pirst National Bank L.F. Rothschild � Co. First National Bank in Dallas First Wisconsin National Bank of Milwaukee l�iarine Midland Municipals Co. Pranklin Natioaal Bank First National Bank of Miami Banc Northwest, Chicago Fidelity Union Trust Company Chester Harris � Co. W.E. Hutton � Co. Trust Company of Georgia, Atlanta Blunt Ellis � Si�ons, Chicago City National Bank � Trust Co. , Kansas City Co�erce Bank, Ransas City ,Tohnston, Lemon � Co. , Washington, D.C. Reinholdt � Gardner, St. Louis Ernst � Co. Folger Nolan Fleming Douglas, Inc. , Washington D.C. McMaster Autchinson � Co. , Chicago J.A. Overton � Co. , Coronado Shaughnessy � Company, Inc. , St. Paul Suplee-Hosley Inc. , Philadelphia Wells � Christensen, Incorporated Kidder, Peabody � Co. , Inc.)Joint 1973-78 3.75% 9.00 $ 960,066.00 Phelps, Fenn & Co. )Managers 1979- 3.80 �3•879�� 1980-82 4.00 and Associates List of Bids Received February 14, 1972 , Page 3 . $4,500,000 Capital Improvement Bonds NAi� OF`BIDDER COUP011S PREMIUM NET INTEREST COST First National City Bank)Joint 1973-74 3.00% 5,085.00 $ 961,290.00 First Boston Corporation)Managers 1975- 3.25 (3.gg[�p�) Bank of America N. T. � S. A. 1976-82 4.00 First National Bank of Memphis Drexel Firestone, Incorporated Wertheim � Co. Clark, Dodge � Co. , Inc. Ueited California Bank Weeden � Co. , Inc. Bank of the Commonwealth Industrial National Bank of Rhode Island Barr Brothers Roosevelt � Cross, Inc. J. C. Bradford � Co. t�lood Struthers � Winthrop, Inc. , The Fidelity Bank Marine National Exchange Bank Brawn Brothers Harriman & Co. The Chicago Corporation North Carolina National Bank United Virginia Bank First National Bank of Atlanta Lcewi & Co. , Inc. Craigfe, Incorporated Fahnestock � Company Model Roland � Co. , Inc. Pacific National Bank of Seattle Virginia National Bank Anderson � Strud�ick Austin Tobin � Co. , Inc. Juran � Moody, Inc. Schweickart � Company The First National Bank of Chicago)Manager 1973-75 3.50% 225.00 $ 962,775.00 The Northern Trust Company 1976-80 3.90 (3.890P�) Continental Illinois National Bank 1981-82 4.00 and Trust Company of Chicago Mellon National Bank and Trust Company W. H. Morton � Co. Division of American Express Company White, Weld & Co. , Incorporated Dean Witter & Co. ![ercantile Trust Company National Association Girard Trust Bank CBWL-Hayden, Stone Inc. Elkins, Korris, Stroud � Co. Bacon, Stevenson � Reeves William Blair � Companq Robert {i. Baird � Co. Incorporated New York Hanseatic Corporatfon Hutchinson, Shockey, Erley � Co. Altgelt � Co. , Inc. Vaa Rampen, Wauterlek � Brawn, Inc. (continued on next page) List of Bids Received February 14, 1972 Page 4' $ta,�Q0,000 Capital Improvement Bonds NA�IE OFkBIDDER COUPONS PREMIUM NET INTEREST COST Ferris & Company (Continued) Pacific National Bank of Washington Rowles, Winston & Co. , Inc. J. A. Glynn & Co. American National Bank, St. Paul Wheat, First Securities, Inc. Davenport & Co. W. A. Stevens � Co. , Inc. The Indiana National Bank