250140 OR161NAL'r0 CITY CLBRK ��
, CITY OF ST. PAUL ��E NC�� NO. 'i
' � OFFICE OF THE CITY CLERK
. OUN IL RESOLUTION-GENERAL FORM
PRESENTED BY
COMMISSIONE ATF
WHEREAS, the Council di by Resolution No. 249938 approved August 4, 1970, authorize
the issuance and sale of $4,500,000 Capital Improvement Bonds, Series 1970, to be dated as
of August 1, 1970, 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 August 19,
1970, 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
BANKERS TRUST COI�ANY & ASSOCIATES
was found to be the most adva��ageous, therefore be it
RESOLVED, that the (joint) bid of BANKERS TRUST COMPANY & ASSOCIATES
be accepted and said bonds awarded at a price, namely, par and accrued interest with a
coupon rate of 5.10 per cent and a premium of $ 5,805.00 ; be it
FURTHER RESOLVED, that the Council hereby ratifies and approves each and every act
of the Sinking Fund Committee in connection with the sale of said bonds.
FORM APPROVED
. ,�
Asst. Corporation Cou se1
� AUG ? 4 1970
COUNCILMEN Adopted by the Counci� 19_
Yeas Nays
��r �U.�.� 1 � l��t�
Carlson ve� 19—
Levine "sn Favor
Meredith
Sprafka � ayor
A gainst
Tedesco PUBLISHED AU G ����
Mr. President, McCarty
�
. �
. • � ��� �� �
. CITY OF SAlIJT PAUL, MII�INBSOTA
LI5T �' BIDS RBCEIVS,D,AtTGUST 19i 197Q
(1) $4,500,000 CA�ITAL II�IPB�OV�iT B�iDS, SSRIES 1970
(2) $3,00O,OOQ 088�Att RENEWAL BONDS} 38�I83 1970F
(3�$13�OOQsQ00 CIVIC CENTSR BONDS� SBAIES 1970A attid 19708
,IiAME�0�'�'M B ID�D,EB t3Q[IPON RA7E � Y,�D,
Hsak�ere trast Cao�anY) Jt. Managete �1) 5.10� $ 5,805.00 5.076S*
Blyth & Co., Inc. ) (2) 6.10 25,071.00 6.050�
Chemical Bank (3) 6.10 104,000.00 6.�532
9mith, Barney & Co., Incorporated
Republic Pationel Bank of Dallas
Daminick � Da�inick, Iaccrporated
First of Michigaa Corporation
8acon, Whipple & Co.
8obert Garrett & Sons, Inc.
The First National Bank of St. Paul
Stern Brothers & Co.
lhird National 8ank in Nashville
Waehovia Bank � Trust Co�auq
PrescoCt, Merrill, Turben & Co.
The �io Campany
Baker, Watts & Co.
Parker/Huater, Incorporated
Allisan Willisms Company
Seattle Trnst and Savings Bank
Boettcher & Cano�any
Eaataaan Dillon, Union Securities) Jt.
6� Go: �
Shields & Co. ) �8r$• �
Bear, Stearns 6c Co.
Reynolda !x Co., Inc.
Bache � Co., Incorporated
$ayden, Stoae & Co,
E, F. Autton � Co.
Estabrock � Go.
Dick & Merle-Smith
FixBt Natioual State Bank of Rew Jersey
Purnam, Coffin - Doolittle - Newburger
Speacer Trask & Co,, Incorporated
M�cDougal & Condon
James A, Andrewa � Co., IAc.
D@HSV6n 'rOWri8efld� CIOLtt6I � BOt1�.II@
Stern, Lauer & Co.
park, Rpan � Co.
Yerrq Adams & Lewis, Inc.
F. R, Cole � Co.
Janaey, Battles b E. W. Clark, Ix►c.
Aerbert J. Sime � Co., Iaa.
Manley, Bennett, McDonald 6c Co.
$enis � Co.
tcantinued aext page)
v
✓ � '
LIST OF BYDS RECEI9ED AUC�ITST 19, 1970
Page 2
CI1Y OF SAINT PAUL
NAME OF BIDDER (�OUPON RATE � �LD
The Firet NatianaZ Bank of (�icago (Mgr.)
�e Northern 7�cusC Company
. Coatinental I1liaois National Bank and
Trust C�npaay of Chicago
l�eellon Natioaal Batxk and �ust Compsuy
W. $. Morton & Co.
White, Weld � Co.
Deaa Witter & Co.
Laidlaw � Co,
Slkins, Morris, Stzaud & Co.
Bacon, Stevensan & 8eeves
William Blair � Compairy
Robert W. Baird & Co. Iacorporated
New York Hanseatic Corporation
Hutchinaon, Shockey, $rley bc Co.
A1Cgelt & Co., Inc.
Rowles, Winaton & Co., Inc.
J. A. Glqnn & Co.
American National Bank of St., Paul
Whe�t � Co., Inc.
Davenport � Co.
Saunders, Stiver � Co..
Van Kampen, Wauterlek & Brown, Inc.
Harris Trust and Savings Baak, Chicego) (1) 5.20 14,245.00 5.1424
The Chase Manhattan Bank, N.A.) Jt, Mg�. (2) 6,00 8,127.00 5.9840*
Merrill Lynch, Pierce, Fenner � Smith (3) 6.00: 29,75�.00 5.9866*
Seattle•First National Bank
First National Baak in Uallas
Firat Wisconsin National �ank of Milwaukee
Franklin National Bank
Chester Herris � Co., Inc.
Trust Company of Georgia
City National Baak � Trust Co.
Shaughnessy � ComP�F, ��•
Suplee, Mosley, Close � Rerner, Incorporated
First Natfonal City Bank ) Jt. (1) 5.10 None 5.1�
The First Boaton Corporation ) Mgra. (2) 6.Q4 7,560.00 5.9851
Bank of American N. T. � S. A. (3) 6.00 26,338.00 S.9881
First National Bank of Memphis
Drexel Aarriman Ripley, IncorporaCed
Wertheim & Co.
Clark, Dodge & Co.y Inc.
United California Bank
Weeden � Co�, Inc.
Bank of the Camaanwealth
Barr Brothers & Co.
RoosevelC � Crose, Inc.
J. C. 8radford � Co,
(continued next page)
r
� • ,
� Lis�r og sr�os x8csrnsn �c�rst �9, 3470
Page 3
CITlt 0�► SAINT PAOI.
�-�. $...m,� C00� �tAT6 � 8i
Wood, Sttvthers b �lfothtcrp, LdC.
�e Fidelity Bsak
Ioduatrial itatioaa! Bank of �l�ode Lt�d
Marine liational 8achsoge Baoic
Browa Brothers Harriawa � Cc.
�e Chicago Coxporatian
�orth CaYOlix�a Hation8l 8�ek
United 9irginia Bank,/Stata Pl�cs
Dem�as3►�3�e6eler & Co., Yaa.
Cxaigie, Ia,eorporated
Fat�neatvck 6� Co.
l�odel �land � Co., 2trc.
Firat �ational B�g of ��ta
Virginia Natia►al Baak
Aa�derso� � Stsudwick
Auatia 'lbbin 6 Co., '�c.
3wc� 6e lrtoody, Yn�.
Schweickert b C+o.
Morgaa Ouaranty i�rnst Caopaa�q o! l�ev York{i� 5.20 9,900.0� 5.1600
Salramn Brothers �2� 8.10 24,780.00 6.QS13
(3, 6.I0 100,230.04 6.4549
Lehmaa B�others ) Joiut (1) 5.20 4,347.� 5.1824
Ridder, Peabody b Co., Yoc.1 �magers (2) 6.10 7,853.50 b.08�6
and Asgociates (3? 6.10 26,865,50 6.0879
In Aseocistioo wit6
Phelps, Fem b Co.
and Aasoa#at�a
L01T MCBENNA
�Successful bidder CI'lY C�ZI.BR
DU►LICAT�TO rRIN'RR . � ��O�.�O
, CITY OF ST. PAUL cou�� �� ,
' OFFICE OF THE CITY CLERK �+� NO
.
, COUNCIL RESOLUTION—GENERAL FORM
rRg�rm.r
COMMISSIONE� �A'� �
id��BAB, Ch� Ca►ncil did by R�e�olution �ta. 2k9938 appro�vsd Au�wt 4, 1470, authorise
the isaunaa aad �als of �4,500,000 Capital Ia�►rav�nt llond�, 8eries 1970, to bs datad as '
o! su�uat 1, 1970, and as t6� prop�r city officers hava fnlly caused ths aaid bonds to be
advsrtised for aal�t aad aaid adv�rtisa�snt rsqv�is�d sul�d bids to b� wb�ittal aa /luguat t9,
1470, aad aa tha bids �rars subonitted and apen�d, �um�in�d aad tabulated by th� Cit' Com�troii�r,
aud th� City Caonptroll�r msda ths racar�endation to tht Council that th� (�'oint) bid ot'
D�A�RE�B ?�DSr t�Q�AI� i ASS��CU�S
Maa tau�ad to ba tbe moat sdvsnaf�gaous, therefore b� it
�E80LiRD, tt�at tha (�oint) bid of ' D�BS T�IJST t�QlPA1fY b A880CIAlES �
bs aaatptid �tnd said boods aaarded aC a price, nsel�, par aad acaru�d iutsssat vith a
coupoa rata o! 5.10 p�r cent and a premin� of $ S,8p3.00 ; be it
ltR�iA RESOLVED, that t6s Co�u,acil harebq ratifisa and approvas each and svsry act
of ths Sinking Ftiiad Ce�ittae in conasctfon with tha aale of aaid bonds.
AUG 19 19�0
COITNCILMEN Adopted by the Counc;� 19—
Yeaa' Naye
� AUG 1 � 1�78
Carlson ' APPi'o�"� 19_
, Levine � Favor
Meredith
Sprafka � ��
A auinat
Tedeaco .
Mr. President, McCarty '
��