239878 ORIGINAL TO CITY CLERK � . 2398"78
= � CITY OF ST. PAUL FOENCIL NO.
� ; ' OFFICE QF THE CITY CLERK
j OU � IL �fSOL TION-GENERAL FORM
PRESENTED BY i
COMMISSIONE DATF
1 / / /
WHEREA�S,/the � cil �by Resolution No. 239679 approved August 2, 1968 authorize the
I L/
issuance and sale of $4,000,000 City of Saint Paul Capital Improvement Bonds, Series 1968B,
� '
to be dated August 1, 1968, and as the�oper city officers have fully caused the said bonds
to be advertised for sale and said advertisement required sealed bids to be submitted on
August 20,� 1968, 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, S7.TJART & CDa ,. Inc., M�RGAN G'[TARANTY TRUST GOMPANY OF N�W YORR,
GLORE FORGAN, WM. R. STAATS, INC. Managers AND ASSOCIATES
�
�
was found, to be the most advantageous, therefore be it
RESOLVED, that the (joint) bid of �SEY, STLTART & CO. , Inc., MORGAN GUARANTY TRUST
COMPANY OF NEW YORR, GIARE EQRGAN, T�II"I. R. STAATS, INC. Managers ADID ASSOCIATES
. � � ,*
be accepted and said bonds awarded at a price, namely, par and accrued interest with a
coupon rate of 3.70 per cent and a premium of $13,720.00 ; be it
, FTJRTHER R�SOLVED, that� the Council hereby ratifies and approves each and every ac.t of
;
the Sinking Fund Gommittee in connection with the sale of said bonds.
�,_� � 19�8
COUNCILMEN Adopted by the Councit 19—
Yeas Nays
4 CarLson �u�a 2 � ��j��
Dalglish , . Approver� 19—_
Meredith � Tn Favor
. re�e�so�--
Sprafka O ���gQ Mayor
� A gainst
,Tedesco .
�����-�'����'�'"''� APPROVE ' PUBLISHEO AUG 2 4 1968 '
Mr. Vice�Prerida�t jYeberaon) � �
j L Corporation unsel �p
, ' �
` 2398�8
� DUPLIWTC TO rRINT[R
� CITY OF ST. PAUL FOENCIL NO.
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION-GENERAL FORM
PRESENTED BY
COMMISSIONER n,�,rF
WHEREAS, the Council did by Resolution No. 239679 approved August 2, 1968 suthorize the
ieauance and sale of $4,000,000 C3�tq of Saint Paul Capital Improvement Bonds, Series 1968B,
to be dated August 1, 1968, and as the goper city officers have fully caused the said bonds
to be advertised for sale and said advertiaement, required sealed bids to be submitted on
Auguet 20, 1968, and as the bids were submitted and opened, examined and tabulated by the
City Comptroller, and the City Comptroller made the rgcommendation to the Council that the
(joint) bid of �,SEY, S�JART & CO. , Inc. , MORGAN GUARANTY TRITST COMPANY OF NEW YORR,
GLORE FORGAN, WM. R. STAATS, INC. Managers AND ASSOCIATLS
was found to be the most advantageous, therefore be it
RE50LVED, that the (�oint) bid of ���� g��T & CO. , Inc., MORGAN GUARANIR TRUST
COMPANY OF NEW YORK, GIARS FORGAN� WM. R. STAATS, INC. Managers AND ASSOCIATES
be accepted and said bonds awarded at a price, namely, par and accrued intereat with a
coupon rate of 3.�� per cent and a premium of $13,720.00 's be it
FURTHER RESOLVED, that the Council hereby ratifiea and approves each and every act of
the Sinking Fund Committee in connection with the sale of eaid bonds.
�� � ����
COUNCILMEN Adopted by the Councit 19—
Yeas Nays
Carlson �� � � ����
Dalglish � Approved 19—_
Meredith Tn Favor
�—pet�ersea�,
Sprafka � Mayor
Tedesco A gainst
-�.:a�:r
1�?f�-- --$�`�s'��3�e;R;_�;:::,
1l�r. WSes� Yi�d�affit (���rson)
��
ti � -
( i
� � CITY OF SAINT PAUL, MIlODTSSOTA .
LIST OF BIDS RECEIVED AUGUST 20. 1968
� �.
� (1) $ 185,000 JoinC Sewer Studq Bonds
(2) $4,000,000 Capital Improvement Bonds, Series 1968B
(3) $2,645,000 Urban Renewal Bonds, Series 19688
(4) $2,490,000 Sewage Diaposal System Bonds, Series A-1966
NAME OF BIDDER COUPON RATE PRffi�i�i YIELD
Phelpa, Fenn & Co. {1) 3.70% $ 670.00 3.6466*
Dain, Ralman � Qusil, Incorporated (2) 3.70 1,668.00 3.6920
& Associates (3) 4.30 1,600.00 4.2968
(4) 4.30 1,500.00 4.2999
Halaey, Stuart & Co� Inc. ) (1) No bid
Morgaa GuaranCy Trust Compauy of)Mgrs.
,� New York ) (2) 3.70 13,720.00 3,6376*
Glore Forgan, Wm. R.. Staats, Inc) (3) 4.25 7,458.90 4,2353*
and Associates (4) 4.25 9,437.10 4.2295* •
1`he Chase Manhattan Bank, N.A. ) Joint (�.) 3.70 144,00 3.6885
Harris Trust and Savings Bank )Managere (2) 3.70 4,396.00 3.6800
Merrill Lynch, Pierce, Fenner S� (3) 4,25 4,706.00 4.2407
Smith Incorporated (4) 4.25 6,995.00 4.2349
First National Bank of Oregon, Portland
John Nuveen & Co. (Incorporated)
Seattle-First National Bank
L. F. Rothschild & Co.
First National Bank in Dallas
First Wisconsin National Bank of Milwaukee
The Marine Midland Trust Campany of Western
New York, Buffalo
Franklin National Bank
Baxter & Company
Fidelity Union 1Yust Company, Newark
The Firat National Bauk of Miami
Henrq Harris & Sona, Inc. ,
W; E. flutton & Co.
Trust Campany of Georgia, Atlanta
Blunt Ellis � Simmons, Chicago
City National Bank Sc Trust Co., Ransas City
Cou�erce �Yust Company, Kansas City
Johnston, Lemon & Co., Washington, D.C. �
Reinholdt & Gardner, St. Louis ,
Ernst & Co.
Folger, Nolan, Fleming & Co�, Incorporated, '
Washington, D. C.
Kenower, MacArthur & Co,, Detroit
McMaster, Hutchinson � Co,, Chicago
J. A. Overton & Co., Coronado
Shaughnessq & Company, Inc. St. Paul
Suplee, Mosley, Close & Kerner, Incorporated,
Philadelphia
Wells & Christensen, Incorporated
_, `
, ` I
� LIST OF BIDS RECBIVED AUGUST 20, 1968
Page 2
NAME OF $IDDER COUPON RATE PREMIUM YIELD
��
The First National Bank of Chicago (1) 3.70% • $ 4.00 3.6997
� Account Manager (2) 3.7Q 1,897.00 ' 3.6914
�he Northern Trust Compa� (3) 4.30 277,00 4.2995
Continental Illinois National Bank (4) 4.30 3,017..00 4.2935
and Trust Company of Chicago
Mellon National Bank and Trust Compaay ,
W. B. Morton & Co. Division of American
Express Company
Dean Witter & Co.
Laidlaw & Co.
Hartford National Bank and Trust Company
Elkins, Morris, Stroud & Co.
King, Quirk & Co. Incorporated
Corporate AffiliaCe of Auchinclosa, Parker & Redpath
Bacon, Stevenson & Co.
William Blair & Company '
Robert W. Baird & Co. Incorporated
New Fork Hanseatic Corporation
Rowle�, Winston � Co., Inc.
Hutchinson, Shockey, Erley & Co.
J. A. Glynn & Co.
American National Bank, Saint Paul
Wheat & Co., Inc.
DavenporC & Co.
Saunders, Stiver & Co,
Talmage & Co.
First National City Bank) Joint (1) 3.$0 None 3.8000
First Boston Corporation)Managers (2) 3.70 3,960.00 3.6820
Bank of America N. T. & S. A. (3) 4.30 19,660�29 4.2612
First National Bank of Memphis (4) 4.30 20,310.90 4..2561
Drexel Harriman Ripley, IncorporaCed
Mercantile Trust Companq, N.A.
White Weld & Co.
Wertheim & Co.
Paribas Corporation
Clark, Dodge � Co., Iac.
United California Bank
Barr Brothers & Co.
Roosevelt & Cross, Inc.
J. C. Bradford & Co. '
Wood Struthers & Winthrop
The Fidelity Bank
Industrial National Bank of Rhode Tsland
Marine National Exchange Bank
Brown Brothers Harriman & Co,
�'a�.cago Corporation
��orth Carolina Natianal Bank "
��ate Planters Bank of Commerce � Trusts �
i3�:mpsey-Tegeler & Co.., Inc.
yank of the Commonwealth (cont. next page)
., -
� LIST OF BIDS RECEIVBD AUGUST 20, 1968
Page 3
NANIE OF BIDDER • COIIPQIJ RATE PREMIUM YIELD
.�.� _._.,.
(cont,)
F. W. Craigie & Co., Inc. '
Fahnestock & Co.
Model, Rolaad & Co., Inc.
Virginia National Bank
Anderson � Strudwick
Austin Tobin & Co., Incorporated
Juran & Maody, Inc.
Schweickart & Co.
Boardhouse & Campany, Inc.
Bankers Trust Company X Jt. (1) 4.007. $ 518.00 3,9587
Blyth & Co., Inc. ) Mgrs. (2) 3.80 6,084.80 3.7723 •
Chemical Bank New York Trust Company (3) 4,30 20,570.�7 4�2594
Smith, Barney & Co., Incorporated (4) 4.30 21,158.53 4,2543
gepublic National Bank of Dallas
Dominick & Dominick, Incorporated �
Rirst of Michigan Corporation
Bacon, Whipple & Co.
RoberC Garrett & Sons, Inc.
The First National Bank of St. Paul
Stern Brothers & Co,
Third Nation�l Bank in Nashville
Wachovia Bank � Trust Company
Hayden, Miller & Co.
Prescott, Merrill, Turben & Co. �
The Ohio Company
Baker; Wa�ts & Co.
McRelvy & Company
Allison�r]illiams Campany
Seattle Trust and Savings Bank .
Boettcher � Campany
Eastman Dillon, IInion Securities �& Co, - (1) 3.80 428.46 3.7658
Shields & Co. (2) 3.8U 10,240.00 3.7535
Bear, Stearns & Co. (3) 4.40 31,200.42 4.3384
Reynolds & Co. (4) 4.40 31,438.74 4.3321
Bache 6c Co.
Hayden, Stone � Co.
E. F. Hutton & Co.
Estabrook & Co. �
Dick & Merle-Smith �
First Idational State Bank of New Jersey
Putnam, Coffin & Burr
Rean, Taylor & Co,
Gregory & Sons
Spencer Trask & Co�
Rodman & Renshaw
McDougal & Condon '
James A. Andrews & Co.
DeHaven & Townsend, Crouter � Bodine �
Stern, Lauer & Co.
Park, Ryan � Co. (cont. next Page)
�
�
/
' 'Y
J •+
J
' LIST OF BIDS RECEIVED AUGUST 20, 1968
Page 4
NAML OF BIDDER • COUPON RATE PREMIUM YIELD
�_�
(cont.) '
Perry, Adams � Lewis, Inc.
Dain, Ralman & Quail, Incorporated
F. R. Cole & Co.
Janney, Battles & E. W. Clark, Inc.
Aerbert J. Sims & Co., Inc.
Manley, Bennett, McDonald & Co.
Ferris & Co.
Lehman Brothers and Assoc3a tes (1) No bid
_ (2) No bid
(3) 4.25% $2,777.25 4.2445
� (4) 4.25 4,880.40 4.2395
JOSEPH J. MITC�IBLL
*Successful bidders. CITY COMP7ROLLER
, -
�
ORIGINAL TO CITY CLERK 2398�g
CITY OF ST. PAUL FOENCIL NO.
' OFFICE OF THE CITY CLERK
' � U CI ESO-�JTIO —GENERAL FORM
PRESENTED BY
COMMISSIONE DATF
/ the Co n il di�b,y/ esolution No. 239681 approved August 2, 1968 authorize the
i
issuance and sale of $2,490,000 City of Saint Paul Sewage Disposal �ystem Bonds, Series A�1968,
to be dated August 1, 1968, and as the groper city afficers have fully caused the said bonds
I
to be advertised for sale a�d said advertisement required seale�ids to be submitted on
August 20, 1968, and as the bids were submitted an,d opened,. examined and tabulated by the
City Comptro�ller, and the City Comptroller made the recommendation ta the Council that the
(�oint) bid of HALSEY, S�TJARx S� C0. Inc. , MORGAN GLTAItANTY TRUST COMPANY OF NEW YORK,
GIARF� FQRGAN, WM. R. ST,AATS, INC. Managers AND ASSOCIATES
; �
was found to be the most advantageous, therefore be it
RESOLV'ED, that the (joint) bid of g�i„SEY, STUART & C0. Inc., MORGAN GIJARANTY TRUST
�
COMPANY OF NEW� YORK, GLOR� FORGAN, WM. .R. S'rAATS, INC. Managers AND ASSQC.IATES
- I . - �- , _ " ' ' _ -
be accepted'and said bonds awarded at a price, namely, par and accrued interest with a
coupon rate�af 4.25 per cent and a premium of $g�437.10 ; be it
FIIRTH�R RESOLVED, that the Council hereby ratifies and approves each and every act of
the Sinking•Fund Committee in connection with the sale of said bonds.
q�G 2 0 196�
COUNCILMEN Adopted by the Councit 19—
Yeas Nays , �� � O 196$
Carlson
Dalglish � Approved 19—_
Meredith Tn Favor
, D..�..,.,�,... /,
Sprafka v ���� Mayor
A gainst
Tedeaco
PUBLISHFa A�IG 2 4 19Sg
�• �, � .�:�':�:�� �1pP p
IJi�. Vice Preeddest (?et�rson) � /
I �t+ COI' �
POf�at10� ��
� _Q�.�:
l
4
. i
�d�JlLICAT[TO lRINTHR 2398'79
CITY OF ST. PAUL FOENCIL NO
' OFFICE OF THE CITY CLERK
' COUNCIL RESOLUTION—GENERAL FORM �
PRESENTED BY
COMMISSIONER �ATF
WHEREAS, the Council did by Resolution No. 239681 approved Auguat 2, 1968 authorize the
isauance and sale of $2,490,000 City of Saint Paul Sewage Disposal Syatem Bonds, Seriea A-1968,
to be da�ted August 1, 1968, and as the proper city officers have fully caused the said bonde
to be advertised for sale and said advertisement required sealed bids to be submitted on
August 20, 1968, 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, S NART & C0� Inc., MORGAN GUARANTY TRUST COlSPANY OF NEW YORR,
GIARE FORGAN, �WM. R. STAATS, INC. Managers AND ASSOCIATES
was found to be the most advantageous, therefore be it
RESOLLIED, that the (�oint) bid of �LSEY, S7.VART & C0. Inc., MORGAN GfJARANTY TRUST
CUMPANY OF NEW YORR, GIARE FORGAN, WM. R. STAATS, INC. Managers AND ASSOCIATES
be accepted and said bonds awarded at a price, namely, par and accrued interest with a
coupo� rate of 4.25 per cent and a premium of $9,437.10 � be it
FURTHER RBSOLVED, that the Council hereby ratifies and approves each and every act of
the Sinking Fund Committee in connection with the eal.e of eaid bonds.
p�G z o 19s8
COUNCILMEN •Adopted by the Council 19—
Yeas Nays �UG 2 0 196$
Carlson
Dalglish Approved 19—_
Meredith Tn Favor
ve+� V
Sprafka Mayor
Tedesco A gainst
:'.'.�����.:i�'i�.��'�:r�x��^.�."�dy
IVjx. Vico Preadde:Y jteterson)
��
r � .
i �
. .1 .
CI1Y OF SAINT PAQL, MIldNESOTA .
LIST OF BIDS RECEItiED AUG[TST 20. 1968
_..._� �
(1) $ 185,000 Joint Sewer Study Bonds
• (2) $4,000,000 Capital Improvement Bonda, Series 1968B
' (3) $2,645,(300 Urban Renewal Bonds, Series 19688
(4) $2,490,000 Sewage Diaposal System Bonde, Seriee A-1968.
NAME OF BIDDER COUPON RATE P� �.
Phelps, Fenn & Go. :�1) 3.703'0 $ 670.00 3.6466*
Daiu, Ralman � Quai:l, Incorporated (2) 3.70 1,668.00 3.6920
& Associates (3) 4.30 1,600.00 4.2968
i (4) 4.30 1,500.00 4.2999
Aalsey,; StuarC & Co. Inc. , ) (1) . No bid
Morgan Guaranty Trust Company of�Mgrs.
� New York ) (2) 3.70 13,720.00 3.6376*
Glore Forgan, Wm. R."Staats, Inc) (3) 4.25 7,458.90 4,2353* .
and Associates (4) 4.25 9,437.10 4.2296*
The Chase ManhaCtan Bank, N.A. ) JoinC (�) 3.70 144,00 3.6885
Harris Trust and Savings Bank )Managers (2) 3.70 4,396.00 3.6800
Merrill Lqnch, Pierce, Fenner & (3) 4,25 4,706.00 4.2407
� Smith Incorporated (4) 4.25 6,995.00 4.2349
FiraC National Bank of Oregon, Portland
, John Nuveen & Co. (Incorporated)
SeaCtle-First National Bank
L. F. Rothschild � Co.
First National Banlc in Dallas
First Wisconsin National Bank of Milwaukee
The Marine Midland Trust Campany of Western
New York, Buffalo
Franklin Natioaal Bank
Baxter & Campany
Fidelity Union TrusC Company, Newark
The FirsC National Bank of Miami
Henry Harris � Sons, Inc.
W. E. flutton � Co.
Trust Company of Georgia, Atlanta �
Blunt Ellis & Simmons, Chicago
City National Bank � Trust Co., Rastsas City
Commerce Trust Campany, Kansae City
Johnston, Lemon & Co., Washington, D.C.
Reinholdt & Gardner, St. Louis
Ernst � Co.
� Folgex, Nolan, Fleming & Co�, Iacorporated,
Washington, D. C.
Kenower, MacArthur & Co�, Detroit '
McMaster, Hutchinson & Co., Chicago
J. A. Overeon & Co., Coronado
Shaughnessy & Company, Inc. St. Paul - • ` .
Suplee, Mosley, Close & Rerner, Incorporated,
Philadelphia
Wells & Christensen, Incorporated
9 �
i
� •
LIST OF BIDS RECEIVED AUGUST 20, 1968
Page 2
NAME OF $IDDER COIIPON RATE PREMIUM YIELD
The First National Bank of Chicago (1) 3,70% $ 4.00 3.6997
Account Manager (2) 3.70 1,897.00 3.6914
The Northera Trust Campauy (3) 4.30 277,00 4.2995
Continental I].linois National Baak (4) 4.30 3,017.,00 4.2935
and 7.Yust Campany of Chicago
Mellon National Bank and Truat Campauy
W. H. Morton & Co. Aivision of American
Express Company .
Dean Witter & Co.
Laidlaw & Co.
Hartford National Bank and Trust Company
Elkins, Morris, Stroud & Co.
King, Quirk & Co. Incorporated
Corporate Affiliate of Auchincloss, Parker & Redpath
Bacon, Stevenaon & Co.
William Blair & Campany
Robert W, Baird & Co. Incorporated
New �ork flanseatic Corporation
Rowles, Winston � Co., Inc.
Hutchinson, Shockey, Erley � Co,
J. A. Glynn & Co.
American National Bank, Saint Paul
Wheat & Co., Inc..
Davenport & Co.
Saunders, Stiver & Co.
Talmage & Ca.
First National City Bank) Joint (1) 3.80 None 3�8000
First Boston Corporation)Managers (2) 3.70 3,960.00 3.6820
Bank of America N. T. & S, A, (3) 4.30 19,660�29 4.2612
First National Bank of Memphis (4) 4�30 20,31U.90 4.2561
Drexel Harriman Ripley, Incorporated
MercanCile Trust Ca�mpany, N.A.
White Weld & Co.
Wertheim & Co.
Paribas Corporation
Clark, Dodge & Co., Inc.
United California Bank �
Barr Brothers & Co.
Roosevelt & Cross, Inc.
J. C. Bradford & Co.
Wood Struthers & Winthrop
The Fidelity Bank
Industrial National Bank of Rhode Island
Marine National Egchange Bank
3r�wn Brothers Harriman & Co.
C'aicago Corporation '
�iorth Carolina National. Bank
�Zate Planters Bazk of Commerce � Trusts
ll�mpseq-Tegeler & Co,, Inc.
Bank of the Commonwealth (coat. next page)
r • '
/ O
LIST OF BIDS RECEIVED AUGUST 20, 1968
Page 3
NAME OF BIDDER � COUPON RA7� PREMIUM YIELD
(cont.) _
�,._ �.....
F. W. .Craigie � Co., Inc.
Fahnestock � Co.
Model, Roland & Co., Inc.
Virginia National Bank
Anderson & Strudwick
Austin Tobin & Co., Incorporated _
Juran & Moody, Inc.
Schweickart S� Co.
Boardhouse & Campan.y, Iac.
Bankers Trust Campany X Jt. (1) 4.00� $ 518.00 3.9587
Blyth & Co.., Inc, ) Mgrs. (2) 3.80 6,084.80 3.7723
Chemical Bank New York Trust Compaay (3) 4.30 � 20,570.�7 4.2594
Smith, Barney & Co., Incorporated (4) 4.30 21,158.53 4,2543
Republic National Bank of Dallas
Dominick � Daminick, Incorporated
First of Michigan Corporation
- Bacon, Whipple � Co. �
Robert Garrett & Sons, Inc.
The First National Bank of St,. Paul
Stern Brothers & Co.
Third National Bank in Nashville
Wachovia Bauk � Trust Company
Hayden, Miller & Co.
Pxescott, Merrill, Turben & Co.
The Ohio Company � 1
Baker, Watts & Co.
McRelvy � Campany
Allison�+]illiams Campany .
Seattle Trust and Savings Bank ,
Boettcher & Company
Eastman Dillon, Union Securities & Co, (1) 3.80 428.46 3.7658
Shields & Co. (2) 3.80 10,?�+0.00 3.7535
Bear, Stearns & Co. (3) 4.40 31,200.42 4.3384
Reynolds � Co. (4) 4.40 31,438.74 4.3321
Bache � Co.
Haydea, Stone & Co.
E. F. flutton & Co.
Estabrook & Co.
Dick � Merle-Smith
First National State Baak of New Jersey
Putnam, Coffin � Burr
Kean, Taqlor � Co.
Gregory & Sons
Spencer 7.Yask & Co.
Rodman & Renshaw
McDougal & Condon
James A. Andrews & Co.
DeHaven & Towasend, Crouter � Bodine
Stern, Lauer � Co,
Park, Ryan � Co. (cont. next Page)
i
f �
� ,�
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LIST OF BIDS RECEIVBD AUGUST 20,. 1968
Page 4
NAME OF BIDDER COUPON RAZE pREMI[TM yIEI,D �
(coat.) � '
Perry, Adams � Lewis, Inc.
Dain, Ralman. & Quail, Incorporated
F. R. Cole & Co.
Janney, Battles & E. W. Clark, Inc.
Herbert J. Sims & Co., Inc.
Manley, Bennett, McDonald � Co.
Ferris & Co.
Lehman Brothers and Assoc3,ates (1) No bid
(2) No bid
(3) 4.259'0 $2,777.25 4.2445
(4) 4.25 4,880.40 4.2395
, ,
JOSEPS J. MITCHELL
*Successful bidders. CITY COMPTROLLER