252957 .�
ORIGINAI TO CITY CLERK .!
CITY OF ST. PAUL couNCa ��•
OFFICE OF THE CITY CLERK
F��E NO. ``sk. -� ��� �
OUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONE ATF
WHEREAS, the Council did by Resolution No. 252733 approved February 26, 1971, authorize the
issuance and sale of $4,500,000 Capital Improvement Bonds, Series 1971, to be dated March 1,
1971, 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 March 10, 1971, and as
the bids were submitted and opened, examined and tabulated by the City Comptroller, and the
City Comptroller made the recotrnnendation to the Council that the (joint) bid of
Bankers Trust Company and Associates, including The First National Bank of Saint Paul
was found to be the most advantageous, therefore be it
RESOLVED, that the �joint) bid of . .
Bankers Trust Company and Associates
be accepted and said bonds awarded at a price, namely, par and accrued interest with a
1972/77 3.30
coupon rate of1978�79 �9�per cent and a premium of $ 37.13 ; be it
1980/81 +�. �
FUR1�R RESOLVED, that .the Council hereby ratifies and approves each and every act of the
Sinking Fund Committee in connection with the sale of the said bonds.
FORM APPROVED
� • �, "d�i.v r�..a_ �AR 101g�1
Asst. Corporation Counse1
COUNCILMEN � Adopted by the Counci� 19—
Yeas Nays
Butler �R '� (� ���'�
Carlson ��rove 19�
Levine � Tn Favor
Meredith �
Sprafka r
A gainst
�ec�eses-
Mr. President, McCarty - �'
PUBLISHED MAR
��
. .
o�a�,T�,��,� � ����5'�
• CITY O� ST. PAUL F�uNCa N� �- .�'.:
OFFICE OF THE CITY CLERK
COUNCIL RESpLUTION—GENERAL FORM '
PRESHiT�t1f . .
COMI+IISSIONEQ DA�
�lAS� th� Co�nail did bp l+ss�►lution lto. 252733 appsowd �sbxwtrp 26� 1971, autbosiss ths
irawnaa� and sai� of �4�500,000 Capital I�psov�nt son�da S�ries 1971 to b� dat�d Marah i,
� •
1971, ad aa tl�s prapsr �ity 0�fic�rs have fully cauasd tha said bonds to ba adwrtiud isr .
`----�. .
aa1� and seid sdvastis�nt r�qutr�d ssal�d bida to ba s4b�itt�d on 1lareh 10, 1971, and u �
th� bids �rtst nibaitta� and ap��d, �insd and tabulatsd by tlu Cit� Ca�ptrolles� and ths •
' , City Cd�ptrollar mad� th� rsec�ndatlon to t1� Councii that th� (joint) bid of '
�rs Tewt Cc�a�r and Associatss, in�lu�ing The tir�t Uational Dank of Saint P�ui .
v�a tamd to bt tbs most advantagaaua, tharsfosa be it
�80L�iD, that ths (�oint) bid ot
Dank�r� i�rwt Co�pany and Associates �
. .
� ba aea�pwd and aaid bonds aNard�d at a pric�, n�ly, par and acesu�d int�ssst Mitb a
1972�77 3,30 . , .
oonpon rata o�,����g �p�s a�st a�d a praius of � 37.13 � b� it
1 .
�ttt�R �ESOLRD, that th� Councii h�reby r,�ti�i�a and appr�ws aeah• and ev�sy aat of th�
� iinki,af lhiad Co�ittu in ao�a�tion �rith th� �al� o# the said bonds.
MAR � U 19!1
COUNCII�MEN ` Adopted by the Co�anc31 19—
Yeas xayg �A�#R 1 �019`�1 ,
_ , Butler
Carlaon Approve� 19� .
Levine � Favor
Meredith
Sprafka � ��r
��}eaca' A gain8t ^
Mr. Preaident, McC$rty
_ , ��
�/'�. . i'/2�
Q� � ��,�-P
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