250141 ORIGII�L TO CITY Cl.6RK !,_���� ��
CITY OF ST. PAUL H�EN�� NO. r�
., OFFICE OF THE CITY CLERK
CIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONE ATF
WHEREAS, the Council did by esolution No. 249939 approved August 4, 1970, authorize
the issuance and sale of $13,000,000 Civic Center Bonds, Series 1970A and 1970B, 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
HARRIS TRUST AND SAVINGS BANK, CHICAGO, THE CHASE MANHATTAN BANK, N.A.
Joint Managers, AND ASSOCIATES
was found to be the most advantageous, therefore be it
RESOLVED, that the (joint) bid of �RRIS TRUST AND SAVINGS BANK, CHICAGO, THE
CHASE MANHATTAN �ANK, N.A. ,Joint Managers, AND ASSOCIATES
be accepted and said bonds awarded at a price, namely, par and accrued interest with a
coupon rate of 6.00 per cent and a premium of $ 29,757.00 ; be it
FURZfiER 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. Corporat�on o nsel AUG � � 1��
COUNCILMEN Adopted by the Council 19—.
Yeas Nays
� �a�� �, � ��7 U
Carlson � A rove� 19—
Levine _1n Favor
Meredith
Sprafka � or
A gainat
Tedesco
Mr. President, McCarty PUBLISHED AUG 2 �y�U
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� CITY OF SA�N? YAUL, MINNESOTA
LIST � BIDS RSCEIVED AUGITST 19, 1970
... ....� �._.��..._._....�
(1) $4,500,000 CAPITAI, Il�ROVEt+�QT B�DS, SERIES 1970
(2) $3,000,000 ORBAN REN841AL BONDS, SERIBS 1930F
(3�$13,000,000 CIVIC CF�N'TER B4ONDS, SffitIBS 1970A and 19708
,NA��.....BIDDLR OODP�RA� F�� �.
&mk�ers iresst Camapaay� Jt� ���� (13 5.10� $ 5,8�5.� 5.0765*
Blqth & Co., Inc. ) (� 6.10 25,071.00 6.�507
Chemic�tl Bank (3) 6.10 104,000.00 6.0532
Smith, Barney & Co., Iiacorporated
Rep�ublic National Baak of Dallas
Damiaick � Do�ninick, Inca�rporated
First of MiChigaa Corporatiaa
Bacon, Whipple � Co.
Robert Garrett & Soae, Inc.
�e First Nationa]. Bank of St. Paul
Stern Brothers � Co.
Third N�tional Bank ia Nashville
Waahovia Bank � Trust Can�anp
Preacott, Merrill, �rben & Co.
The �iio Com�pany
�aker, Watts � Co,
parlcer/flunter, Incorporated
Allisot��lilliame Campany
Seattle Trust and Savings Bank
Boettcher & Caco�a�y
8aatman Dillon, Unian Securities) Jt.
� Co. �
Shtelds & Co. ) �'ISr$•
Besr, Stearns � Co.
Reynolde & Co., Inc.
Baahe & Co., Incorporat�d
$ayden, Stoa+e � Co.
E. F. flutton � Co.
Bstabroak � Go.
Dick & Merle-Smith
First National State Bank of New Jerseq
Yurnam, Coffin - �olittle - Newburger
Spencer Trask & Co., I�orporated
McDougal & Condon
Jam�es A. Andrewa � Co., IAC.
DeAaven Townaend, Crouter � Bodine
Stern, I,auer & Co.
1'ark, Ryan & Co.
perry Adams � Lewis, Iac.
F. R. Cole � Co.
Janaey, Battles � S. W. Clark, Inc.
Aerbert J.� Sims � Co., Yac.
Manley, Bennett, Mcnvnald � Co.
Ferxis � Co.
(continued next page)
v
� LIST OF BID6 B�CSI�iBD �1tUS1' 19, i97D
page 3
CITY 0� SA,IIiT PAtJL
,�.�..,�. $...mT�.� C0� �tA18 � �..�
W�d, Strather• � wf�inrop, Itre.
T�e Fidelity Bank
I�dustrial l�atioaal 8ank o� �ode Ll�fd
Marine 1�ational Bkct�eage Bao1c
Braaa Brothers Harriman 6 �o.
7�e Qiieago Coxporatioo
�orth Carolina �ti�al Ba�lc
United Virginta Bar1c/State Blaaters
Dempse�►-Z�ege ier � Co., Itrc.
Craigie, Iacorporated
Fa�mestock � Co.
Model �oland & Co., �a.
Fixat �atiooal Bank o# Atl,anta
Vir�tais Watiatal Baok
An�ders� � 5tx�udwick
Austia lbbin � Co., xnC.
Juraa � M�oody, Ync.
Sct�eickert 6 Co.
Morgan Quaraoty �t Ca�apt�r o! l�r York(1� S.�f 9,900.00 5.1600
Salomna Brotbers �2'� 6.10 24,78Q.00 6.0513
(3' 6.I0 lOQ,230.00 6.QS�+9
Le�osn Brothers ) Joint {1} 5.� 4,347.Q0 5.1824
Ridder, Peabodp & Ca.., Ioc.) �a�eges�t �2� b+20 7,853.50 6.0836
and Assoc�iattea (3} 6;10 26,8b�.50 6.Q8y9
Ia Aasociatioa with
Phelps, Fets� 6 Co.
and Asmociat�r
I�t1II �
*Succesafeil bi�er CI1Y C�7°R'Oi,LER
.
LIST OF SIDS RSCSIVED AUC,tTST 19, 1970
Page 2
CI1Y OF SAINT PAUL
NAME OF BIDDER QOUPON RATE pR�tII1M ,�ELD
The First Natianal Bank of (�icago (Mgr,)
The Northern Trust Compauy
. Contineatal Illinois National Bank and
�Yust Cc�apaay of Chicago
l�ellaa National Bank and �ust Cco�paay
W. $. Morton & Go.
White, Weld & Co.
Deaa Witter � Co.
Laialaw & Co.
Blkins, Marris, Stxoud � Co,
Bacon, Stevenson � Reeves
William Blair � Company
Robert W. Baird � Co. Incvrporated
New York Hanseatic Corporation
flutchinson, Shockey, Erleq � Co.
Altgelt � Co., Inc,
Rowles, Winston � Co., Znc.
J. A. Glyan & Co.
Americaa Natioaal Banl� of St. Paul
Whest S� Co., Inc.
Davenport & Co.
Saunders, Stiver � Co,.
Van Kampea, Wauterlek & Brown, Inc.
Harris Trust and Savings Bank, Chicago) (1) 5.20 14,245,00 5.1421i
The Chase Maahattan Bar�k, N.A.) Jt. Mg�. (2) 6.00 8,127*00 5.9840*
Merrill Lynch, Pierce, Fenner � 9mith (3) b.�: 29,757.00 S.9866*
Seattle Firet National Bank
First National Bank in D�allas
First Wisconsin National Banlc of Milwaukee
Frauklin Nation,al Bank
Chester Sarris & Co., Inc.
Trust Company of Georgia
City National Bank � Trust Co,
Shaughnessy � Company, Inc.
Suplee, Mosley, Close & Rern�er, Incorporated
First Natioaal City Bank ) Jt. (1) 5.10 None 5.10
The First Boston Corporation ) Mgra. (2) 6.00 7,560.00 5.9851
Bank of American N.. T. � S, A, (3) 6.,00 26,338.00 5.9881
First National Beak o� Memphis
Drexel Barriman Ripleq, Incorporated
Wertheim & Co,
Clark, Dodge & Co.y Inc.
United California Bank
Weeden � Co., Inc.
Bank of the Co�munwealth
Barr Brothers & Co.
Roosevelt � Crose, Iaa.
.1. �+'• B1gd�Old �1c L'Or
(continued next page) '
o��,�,.��.�,� � �5�fi�1
CITY OF ST. PAUL ���� NO.
� � OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL FORM
� ��er
' COMMISSION� DA*�
WB�REAB, tht C�ouaail did b� �saolutian l�o. ?A9939 appzavad Angust 4, 1970, �uthorise
th� i�aua�rr +�al ul� of �13�000,000 Civia Cantsr ponds, �riea 1970A and 1970s, to i� datad
a� ot A�wt 1, 1970. and aa tt�s pYOpar city ofliars hava lully caw�d th+t uid bonda to be
adv�rtiaed for sala a� oaid �dv�rtis�ment r�quis�d a�alsd bid� to b� wbri,twd on Augutt 1!,
19�0, and aa the bids wra aubaitt�d anc! op�nRd, �insd and tabulat�d by tha City Cosptroll�r,
wd tht City Ca�ptroll�s �aael� th� sycoa■Mndation to tha Coeuscil thst th� (�oiat) bid of
HARtI�3 Tdt8? AI�D S�AVINti� 3�A�[, CBICAi00. � CAI1�S 1�AUAA1'PAN BAIIR, 11.A.
Joint M�ua�ra, A�D A�SOCL1a8
ws loand to bs t�a nost advant+�ous, thar�fore b� it
�i8aL.1RD, that t2u (joiat) bid o! HA�LS l�T8T Il�iD SAV2�8 3Alft� CHLCIWO, i7B
AAS� MA�IA1TJl� L1�, ■.A.,Joist M�magara, A�ID ASSOCIAl�S
b� sacapt�i and said bonds avard�d Nt a pric�„ nae�el�, par a�rd aecru�d iat�r�st aith •
Qanpon rata oi 6.00 ptx oent and a pra�ium ot � 29�757.00 ; be. it
!'t��ER Es80LVSD, that ths Couacil har�by ratifias aad appraves esch a� ev�zp act
of ths Sintieing 1►und C�o�mitt�e i�t �onn��ctioa vitL the sale of said bonds.
AUG 19 1970
COUNCII�IEN Adopted by the Connc>> 19_
Yesa Nays
R��+.� AUG 19 19�0
Carlson Appmv� 19_
��e Favor
Meredith
Sp�a � Mayor
Aoauinat
Tedeaco
Mr. President, McCarty •
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