257390 OR161NAL TO CITY CLERK ���_S�O
CITY OF ST. PAUL COUNCIL ��' v��'
" OFFICE OF THE CITY CLERK FILE NO.
� COUNCIL RESOLUTION-GENERAL FORM
,
PRESENTED BY
COMMISSIONE DATF
WHEREAS, The Council did by Resolution No, 257132, approved January 21, 1972,
authorize the issuance and sale of $5,600,000 Urban Renewal Bonds, Series
1972G, to be dated February 1, 1972, and as the proper city officers have fully
caused the said bonds to be advertised for sale and said advertisement required
sealed bids to be submitted 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., Du Pont Glore Forgan Municipals, Inc., joint
managers, and associates
was found to be the most advantageous� therefore be it
RESQI,VED, Tha.t the (joint) bid of
Halsey, Stuart & Co., Inc. , Du Pont 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 follows:
1975 - 1985 4.60
1986 - 1993 4.90
1994 - 2002 5.00
� and a premium of $3,920.00 ; be it
F.URTHER RESOLV�D, That fhe Council hereby ratifies and approves each
and every act of the Sinking Fund Committee in connection with the sale of
the said bonds.
FORM APPROVEC� �
� � �sn � a
Asst. Corporat�on ounsel
f EB 14 1972
COUNCILMEN Adopted by the Council 19—
Yeas Nays
Butler �� FEB �. 4 1972
�l�d Conway rove 19�
Levine �
��n Favor
Meredith
Sprafka Mayor
� A gainst
Tedesco
Mr. President, McCarty PU6WSHED ��g 1 �9�
�
r
DU}LICATt TO IMtIN7tR r-�s�
CITY OF ST. PAUL Fc�,NC�� NO r V�
• O F F I C E O F T H E C I T Y C L E R K
. COUNCIL RESOLUTION—GENERAL FORM
y
PRESENTED!Y
COMMISSIONER DATE
W�88A8, The Council did by RReolut�oa l�o. 257132, approved January 21� 1972,
authorise the i��uaace and sale of $5,6t10.000 Urban I'�1 Boad�, Ssri�•
1972G, to be d�ttad February 1. 1972. and as the proper city officera have fully
cauaed the said bonda to ba advertised for aale and said advertis�maat requirsd
sealed bids to be eubmitted aa Februarq 14� 1972, aad aa �he bid� �+era �rubmitted
and opened, examinad aad tabulatsd by th� City Comptrollar, and the City
Comptroller mad� the rece�m�uscutation to the Couacil that the (�oint) bid of
&tlsey, Stuart b Co., Ina., Du pont Glore Forgan A�u�aicipals, Inc., �oint
' managers, and associatts
waa fouad to be the moat advaatageous� therefore be it
�S3Q.VIID, That the (joint) bid of
Aalseg, SCuart 6 Co., Inc., Du Poat Glore Forgan MnniCipals, Inc.,
�oint man,agars, and asadciates
be accepted and aaid boada awarded at a price, aa�ely, par aad aacruesd
intere�t with coupon rateo ae follo�rss
1975 - 1985 4.60
1986 - 1993 4.90
1994 - 2002 5.00
aad a pr�ium of$3,920.00 ; be it
PO�R RBSQ.VBD, That the Couacil her�by rati!`iaa aad spprovell each
and every act of the 3inking Fund Co�ittee in connection �►ith the a+�le of
the said bonds.
FE814 �9T�2
COUNCILMEN Adopted by the Counci� 19—
Y� xay8 FE8 14 1972
Buta� �
� ��y Approved 19`
Levine Tn Favor
Meredith
Sprafka � ���
Tedeaco A8'au►st
Mr. President, McCarty
��
� CITY OF SAINT PAUL, MINNESOTA
r
- � LIST 0'F BIDS RECEIVED FEBRUARY 14, 1972
M $5,600,000 URBAN RENEWAL BONDS, SERIES 1972G
NAME OF BIDDER COUPONS PREMIUM NET INTEREST COS'T
Aalsey, Stuart & Co. Inc. )Jt. 1975-85 4.60% $3,920.00 $4,811,180.00
DuPont, Glore Forgan Municipals, Inc.)Mgrs. 1986-93 4.90 (4.9038�)
1994-2002 5.00
The Philadelphia National Bank
Crocker-Citizens National Bank
Shearson, Ha�ill � Co. Iacorporated
The Coanecticut Bank � Trust Company
A, G. Becker & Co. , Incorporated
G. H. Walker & Co. Incorporated
Boston Safe Deposit and Trust Company
Baaco Credito y Ahorro Ponceno New York
Adams, McEatee � Campany
The Bank of Virginia
Rand & Co. , I nc.
Tecott, Jackson, Wilson White & Co.
Lombard/Wall Incorporated .
Detroit Bank & Trust
Natfoaal Bank of Commerce of Seattle
R. D. White & Company
Ball, Burge & Kraus
Aalle � Stieglitz, Inc.
George K. Baum � Company
S tate Street Bank and Trust Company
The National City Bank of Cleveland
The Heitner Corporation
Aibbard, 0'Connor � Weeks, Inc.
A. Duncan Williams Inc.
Mullaney, {dells � Company
Shelby Cullom Davia & Co.
Hallowell, Sulzberger, Jenks & Co.
A. Webster pougherty & Co. , Incorporated
Lyons, Hannahs � Lee, I nc.
Raffensperger, Hughes � Co. , Inc.
�lells, To�mes � Company Inc,
Sellers Securitiea, Inc.
Colin, Hochatin Co.
Wood Brothers-.Peebles Iavestment Corp.
Municipal Securities, Inc.
Bankers Trust Company )Joint 1975-79 4.00% $1,583.50 $4,811,366.50
Blyth � Co. , Inc. )Managera 1980-88 4.75 (4.9041X)
Chemical Bank 1989-2002 5.00
Robert Garrett � Sons, Inc.
Rohlmeyer � Co.
Parker/Ruater, Inc.
The Firs[ l�iational Bank of St. Paul
Wachovia Baak � Trust Company
Baker, Batts � Co.
Boettcher � Company
List of. Bfds Received February 14, 1972
Page 2
$5,6Q0,000 Urban Renewal Bonds
.
,.NAI� OF BIDDER COUPONS PREMIUM NET INTEREST COST'
The Chase Manhattan Bank, N.A,) Joint 1975-90 4.75% $24.00 $4,826,851.00
Harris Truet and Savinga Bank ) Managers 1991-2002 5.00 (4.9198%)
Merrfll Lynch, Pierce, Fenner & Smith
Incorporated
First National Bank of Oregon
John Nuveen & Co. Incorporated
Seattle-First National Bank
L.F. Rothschild � Co.
First National Bank in Dallas
First Wisconsin National Bank of Milwaukee
Marine Midland Municipals Co.
Franklin National Bank
First National Bank of Miami
Banc Northwest, Chicago
Pidelity Union Trust Company
Chester Harria & Co.
W. E. Hutton & Co.
Trust Compaay of Georgia, Atlanta
Bluat Ellis � Si�ons, Chicago
City Natioaal Bank & Trust Co., Kansas City
Co�erce Bank, Kansas City
Johnstoa, Le�n � Co. , Washington, D.C.
Reinhaldt & Gardaer, St. Louia
Erast b Co.
Folger Nolaa Fleming Douglas Incorporated, Washington, D.C.
McI�laster Hutchinson & Co. , Chicago
J.A, Overton � Co. , Coronado �
Shaughaessy � Company, Inc. , St. Paul
Suplee-Mosley Inc., Philadelphia
Wells � Christensen, Incorporated
Morgaa Guaranty Trust Company of New York 1975- 4.20% $180.00 $4,866,730.00
Salomon Brothers 1976-91 4.90 (4.9605%)
1992-2002 5.00
The First National Bank of Chicago (Mgr.) 1975-91 4.90% $164.00 $4,869,896.00
The Northern Trust Company 1992-2002 5.00 (4.9637%)
Continental Illinois National Bank and
Trust Company of Chicago
Mellon National Bank and Trust Canpany
FI. H. Morton & Co. Division of American
Express Company
Nhite, Weld & Co. , Incorporated
Desn Witter � Co.
Mercantile Trust Company National Aseociation
Girard Trust Bank
CBii[,-Hayden, Stone Inc.
Elkins, IKonis, Stroud � Co.
Bacon, S[evenson � Reeves
Hilliam Blair � Coacpany
Robert i�T. Baizd � Co. Incorporated
�Iev York Hanseatic Corporation
Kutchinson, Shockey, Erley � Co.
(continued next page)
List of•Bids Received February 14, 1972
Page 3,
$5,600,OU0 Urban Renewal Bonds
-NAME.OF BIDDER COUPONS PREMIUM NET INTEREST COS?`
Altgelt � Co. , Inc. (continued)
Van Kampen, Wauterlek & Brown, Inc.
Ferris � Company
Pacffic National Bank of Washington '
Ro�les, Winston � Co. , Inc.
J. A. Glynn � Co.
American Natioaal Bank, St. Paul
Wheat, First Securities, Inc.
Davenport & Co.
W. A. Stevens & Co. , Inc.
The Indiana National Baalc .
First National City Bank) Joint 1975-87 4.5070 $7,224.00 $4,870,226��?U
First Bostoa Corporation) Managers 1988-96 5.00 (4.9640°,6j
Bank of America N. T. � S. A. 1997-2002 5.20
First National Bank of Memphis
Drexel Firestone, Incorporated
Wertheim � Co.
Clark, Dodge � Co. , Inc.
Uaited California Bank
Qeedea � Co., Inc.
Bank of the Coirmonwealth
I adustrial National Bank of Rhode Island
Barr Brothers
Rooseve2t � Cross, Inc.
J.C. Bradford � Co.
�,lood Struthers & Winthrop, Iac.
The Fidelity Bank
Marine National Exchange Bank
Brown Brothers Harriman � Co.
The Chfcago Corporation
North Carolina National Bank •
United Virgfnia Bank
First National Bank of Atlanta
Loewi � Co. , Inc.
Craigie, Incorporated
Fahnestock & Company
Model Rolaad & Co. , Inc.
Pacific Natioaal Bank of Seattle
Virginia National Bank
Andereoa � Strudwick
Austin Tobin & Co., Ine.
Juran � Moody, Inc.
Schweictcart � Company
Kidder, Peabody � Co, , Inc. ) Joint 1975-90 4.70% $4,499.90 $4,895,410.10
Phelps, Fenn � Co. ) Managers 1991-95 5.00 (4.9897%)
1996-2002 5.20
and Assocfates