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