229522ORIGINAL TO CITY CLERK
V,
PRESENTED BY
COMMISSIONI
CITY OF ST. PAUL
;E F THE CITY CLERK
fil LVON— GENERAL FORM
COU
FILENCIL NO
229522
yapoved UQHEREAS, The Council did by Resolution No. 229252,
June 28, 1966, authorize the issuance and sale of
00,000 'Sewage Disposal System Bonds, Series 1966D, to be
dated- as of July 1, 1966, 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
July 19, 1966, and as the bids were submitted and opened,
examined and tabulated by the Council and the joint bid of
FIRST NATIONAL CITY BANK, DREXEL HARRIMAN RIPLEY SECURITIES CORP., Joint
Managers and Associates
was found to be the most advantageous, therefore be it
RESOLVED, That the joint bid of FIRST NATIONAL CITY
BANK, DREXEL HARRIMAN RIPLEY SECURITIES CORP., Joint Managers and
Associates
be accepted and said bonds awarded at a price, namely, par and
accrued interest with a coupon rate of 3.90 percent and a
premium of $15,322.60 ; 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.
��fOR PPROVED
Ass . Corporation Counse
JUL 1 91966
COUNCILMEN
Adopted by the Council 19_
Yeas Nays Jul 19 1966
Carlson
Dalglish Approved 19—
Holland
Meredith In Favor
Peterson Mayor
Tedesco A gainst
Mr. President, Byrne PUBLISHED JILL 23 1966
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DUPLICATE TO PRINTER - _
CITY OF ST: PAUL- COUNCIL
FILE -
- OFFICE. OF THE CITY CLERK•-
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE _
WHEREAS The Council did by Resolution No. 229252,
approved June 28,'1966, authorize the issuance and sale of
$2,300,000 Sewage Disposal System Bonds, Series 1966D, to be
:dated as of July 1, 1966, 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
July 19, 1966, and as the bids were submitted and opened, ,
examined and tabulated -by the Council and the joint < bid of
FIRST NATIONAL CITY BANK,, DREREL HARRn4AN RIPLEX SECURITIES CORP. -,. -Joint
Managers and Associates
was found to be the most advantageous therefore be it
RESOLVED, That the joint bid of FIRST NATIONAL .CITY
BANK, DREXEL HARRIMAN RIPLEY SECURITIES CORP., Joint,Managers and
Associates
be accepted and said bonds awarded at a price, namely, par and
accrued interest with a coupon rate of 3,,90 percent and a
premium of $15.322.60 ; 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.
COUNCILMEN
Yeas Nays
Carlson
Dalglish
Holland
Meredith
Peterson
Tedesco
Mr. President, Byrne
=In Favor
Against
Adopted by the Council JUL 1 9 196tg_
JUL 191966
Approved • 19._
Mayor _
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