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239880 ORIGINAL TO CITY CLERK 239ggp ~� � CITY OF ST. PAUL COUNCIL `� � ► OFFICE O� THE CITY CLERK FILE NO. ' O N �IL O ION—GENERAL FORM � PRESENTED BY � COMMISSIONE / / � ATF I / , e Co�t�dil d/y Resolution No. 239680 approved August 2, 1968 authorize the issuance a�d sale of $2,645,000 City of Saint Pau1 Urban Renewal Bonds, Series 1968E, to be � dated August 1, 1968, and as the proper city officers have fu11y 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 �ity Comptroller made the recommendation to the Council that the (�oint) bid of HALSEY, SZUART & COry Inc. , MORGAN GCTARANTY TftIIST' COMPANY OF NEW YORK, GLORE FQRGAN, WM. R. STAATS, ING'. Managers ANII ASSOG?ATES was found to be the most advantageous, therefore be it RESOLVED, that the (joint) bid of g�,S�Y, S�JART & G0. Inc., MORGAN GUARANTX TRUST COMPANY OE' NEW YORK, GZORE. EORGAN, WM. R. STAATS, INC. Managers AND ASSOC7ATES be accepted and said bonds awarded at a price, namely, par and accrued interest with a coupon rate of 4.25 per cent and a premium of $7,458.90 ; be it ; FURTHER RESOLVED, that the Council hereby ratifies and approves each and every act of the Sinking FuiZd Committee in connection with the sale of said bonds. � �� 2 0 1968 COUNCILMEN Adopted by the Counci� 19— Yeas Nays . � Carlson �� 2 0 196� Dalglish . � Approved 19—_ Meredith Tn Favor Q —�et� Sprafka � - ���� Mayor Tedesco A gainst :�`��.�.��::6�:�:'• APPRO ED l �± 7 1968 Mi, Vfeo P=eaid¢zt jPeterao�i) p�BLISHE� QUl7 2 . ��.�ro►'Poration ,Cqunse( �� o�.�L.ICATt TO TRINTER � 239880 � CITY OF ST. PAUL couNCi� - ' ' OFFICE OF THE CITY CLERK FILE NO COUNCIL RESOLUTION—GENERAL FORM PRESENTED dY COMMISSIONER , DATF ♦ WHEREAS, the Council did by Reaolutioa No. 239680 approved August 2, 1968 authorize the issuance and sale of $2,645,000 City of Saint Paul Urbsn Renewal Bonda, Series 1968E, to be dated August 1, 1968, and as the proper city officera have fullq caused the said bonde to be advertised for sale and said advertisement required eealed bida to be submitted on Auguat 20, 1968, and as the bids were submitted and opened, examined and tabulated by the City Comptroller, and the City Comptroller made the reconanendation to the Council that the (�oint) bid of HAISSY, SNART � CO. , Inc. , MORGAN GiJARANTY TRUST COMPANY OF NEtd YORR, GLORE FORGAN, WM. R. STAATS, INC. Managers AND ASSOCIATES was found to be the mosC advantageous, Cherefore be it RESOLVED, that the (joint) bid of HALSEy, S NART & C0. Inc., MORGAN GUARANTY TRUST CONiPANY OF NEW YO&R, �LORE FORGAN, WM. R. STAATS, INC. Managera AND ASSOCIAZ�S be accepted and said bonds awarded at a price, namely, par and accrued interest with a coupon rate o£ 4.25 per cent and a premium of $7,458.90 ; be it FURT�R RL�SOLVED, that �he Council hereby ratifies and approves each and every act of the Siaking Fund Co�ittee in connection with the sale of said bonds. COUNCILMEN Adopted by the Council ��� � � 19�19— Yeas Nays Carlson pUG 2 � 1968 Dalgliah � Approved 19—_ Meredith Tn Favor Sprafka (J Mayor Tedesco A gainst �::��:x,. � �,.t��.�:�;;::� .Mr. Vice PreEident �Petersnn) �� • ,' � . � CITY OF SAIIJT PAUL, MIl�INESOTA . � LIST OF BIDS RECEIVED AUGUST 20. 1968 � �.�._, .. (1) $ 185,000 Joint Sewer Study Sonds - (2) $4,000,000 Capital Improvement Bands, Series 1968B . . (3) $2,645,000 Urbaa Renewal Bands,' Series 1968B (4) $2,490,000 Sewage Disposal System Bonds, Seriea A-I968 NAME OF BIDDBR COUPON RATS P� YIBI.D Phelps, Fenn & Co. 41) - 3.707v $ 670�00 3.6466* Dain, Kalmaa & qusil, Incorporated (2) 3.70 1,668.00 3.6920 � Aesociates (3) 4.30 1,600.00 4.2968 (4) 4.30 1,500.00 4.2999 Iialsey, StuarC & Co. Inc, ) (1) No bid , Morgaa Guarant�y► Trust Ca�mpauy o�Mgrs. sk New York ) (2) 3.70 13,720.00 3.6376* N Glore Forgan, Wm. R� Staata, Inc) • (3) 4.25 7,458.90 4.2353* and Asaociatea (4) 4.25 9,437.10 4.2296� �e Chase Manhattan Bank, N.A. ) Joint (1) 3.70 144.00 3.6885 Harris Trust and Savings Bank )Managers (2) 3.70 4,396.00 3.6800 Merrill Lynch, Pierce, Fenner & (3) 4,25 4,706.00 4,2407 Smith IncorporaCed (4) 4.25 6,995.00 4.2349 First National Bank of Oregon, Portland John Nuveen & Co, (Incorporated) Seattle-First Natioual Bank L. F. RoChschild & Co. � First National Bank in Dallas First Wisconsin NBtional Bank of Milwaukee . The Marine Midland Trust Company of WesCern New York, Buffalo . Franklin National Bank Baxter & Campany Fidelity Union Trust Company, Newark The First National Bank of Miami Henry Harris & Sons, Lac, W. E. fluttoa & Co. �Yust Company of Georgia, Atlanta Blunt Ellis & Simmons, Chicago City Naeional Bank Sc Z`rust Co., Ra�tsas City Coa�erce ZYust Campany, Kansas City Johnston, Lemon 6c Co., Washington, D.C. Reinholdt & Gardner, St. Louis Ernat & Co. Folger, Nolan, Fleming � Cot, Incorporated, � Washingtoa, D. C, Renower, MacArthur & Cow, Detroit McMaster, flutchinaon & Co., Chica�o J. A. Overton & Co., Coronado Shaughnessy & Company, Inc. St. Paul � • Suplee, Mosley, Close & Kerner, Iucorporated, Philadelphia Wells & Chxistensea, Incorporated ' ; � � 1 _j , LIST OF BIDS RECEIVED AUGUST 20, 1968 Page 2 � , NAME OF $IDDER COUP�P1 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 Northern Trust Company (3) 4.30 277,00 4.2995 Continental Illf.nois National Bank (4) 4.30 3,017.00 4.2935 and Trust Company of Chicago Mellon National Bank and Trust Company W. A. Morton & Co. Division of American Express Company Dean Witter & Co. Laidlaw & Co. , Aartford National Bank aad Trust Companq Elkins, Morris, Stroud & Co. King, Quirk & Co. Incorporated Corporate Affiliate of Auchincloss, Parker & Redpath Bacon, Stevenson � Co. �?iltiam Blair & Company Rober.0 [d. Baird & Co. Incorporated I�ew 1'o�k Hanseatic Corporation Row7.es; Winaton & Co., Inc. ';.,' flutchinson, Shockey, Erley & Co.�� ' J. A. Gl;�on & Co. Atnerican National Bank, Saint Paul Wheat & Co., Inc. Davenport & Co. Saunders, 5tiver bc Co. Talmage & Co. 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 20,310,90 4.2561 Drexel Aarriman Ripley, IncorporaCed Mercantile Trust Company, 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 Exchange Bank 3rcwn Brothers Harriman & Co. C�ai�ago Corporat�on ��rth Carolina tlatjor_al Bank a�ate Planters T3aak of. Commerce & Trusts i;�.mg�ey-Tegeler & Coe, Inc. �ank of the Common*�aealth (cont. next page) : • � � LIST OF BIDS RECEIVED AUGUST 20, 1968 Page 3 NAME OF BIDDER • CAUPO�i RATE PREMYIIM YIELD ��.... �__,.. , (cont.), . F. W. Craigie � Co., Inc. Bahnestock & Co. Model, Roland � Co., Inc. � Virginia National Bank Anderson & Strudwick AusCin Tobin & Co., Incorporated Juran & Moody, Inc. Schweickart & Co. Boardhause & Compaay, Inc. � Bankers Trust Company 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 Campaay (3) 4,30 20,570.17 4.2594 SmiCh, Barney & Co., Incorporated (4) 4.30 2Z,158.53 4s2543 Republ3.c National Bank of Dallas Dominick & Dominick, Incorporated Rirst of Michigan Corporation Bacon, Whipple � Co. ' - Robert Garrett & Sons, Inc, The First National Bank of St. Paul Stern Brothera & Co. 1�ird National Bank in Nashville Wachovia Bank & Trust Company Hayden, Miller & Co. Prescott, Merrill, Turben & Co. The Ohio Ccmpany = Baker, Watts � Co. McRelvy & Campany Allison-Williams Co�apany Seattle Trust and Savings Bank , Boettcher & Campaay � Eastman Dillon, Union Securities & C�, (1) 3.80 428.46 3.7658 Shields & Co, (2) 3.80 10,240.00 3.7535 Bear, Stearns & Co. (3) 4.40 31,200,42 4.3384 Reynold's & Co. (4) 4.40 31,438.74 4.3321 Bache & Co. Hayden, Stone & Co. � E. F. Hutton & Co. Estabrook � Co. � Dick & Merle-Smith First National StaCe Bank of New Jersey � Putnam, Coffin � Burr Keaa, Taylor & Co. Gregory & Sons Spencer Trask & C�. Rodman & Renshaw McDougal & Condoa James A. Andrews & CD. DeHaven & Townsend, Crouter � Bodine Stern, Lauer � Co, Park, Ryan & Co. (cont. next Page) f �• �J M LIST OF BIDS RECEIVED AUGUST 20,. 1968 Page 4 NAME OF BIDDER CpUppN R�,� pREMIUM yIELD �_ _� (cont.) Perry, Adams � Lewis, Inc. Dain, Ra}.man � Quail, Incorporated F. R. Cole & Co, Janney, Battles & E. W. Clark, Inc. Herbert J. Sims & Ca., Inc+ Maaley, Bennett, McDonald & Co. Ferris & Co. Lehman Brothera and Associa tes (1) No bid (2) No bid (3) 4.25% _ $2,777.25 4.2445 � (4) 4.25 4,880,40 k.2395 JOSEPS J. MITCHELL � *Successful bidders. CITY COMPTROLLER