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229525ORIGINAL TO CITY CLERK ' CITY OF ST. PAUL FOENCIL NO. ICE OF�THE CITY CLERK C U I S •U /� N— GENERAL FORM PRESENTED BY COMMISSIONER DATE WHEREAS, the Council did by Resolution No. 229111, approved June 14, 1966, authorize the issuance and sale of $1,150,000 Urban Renewal Bonds, Series` 1966C, 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 acid 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, DREKEL HARRIMAN RIPLEY SECURITIES CORP., JOINT MANAGERS, & 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, & 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 �,T 7,908.55 ; 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. Cbrpo +on C unsel COUNCILMEN Yeas Nays Carlson Dalglish Holland Meredith Peterson t Tedesco Mr. President, Byrne JUL 191966 Adopted by the Council 19._ JUL 191966 Annrowd 19— Tn Favor b 44M-a--y%2r- A gainst PUBLISHED JUL 2 3 1966 22 DUPLICATE TOfRINTER CITY OF ST. PAUL COUNCIL NO OFFICE OF THE CITY CLERK FILE COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSION 229525 TE - WHEREAS& the Council did by Resolution No. 229111, approved June 14, 1966, authorize the issuance and sale of $1,150,000 Urban Renewal Bonds, Series 19660, 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, & 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, & ASSOCIATES be accepted and said bonds awarded at a price, namely, par and accrued interest with a coupon rate of 3+ percent and a premium of-# 7,908.55 t 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 JUL 191966 Adopted by the Council 19- JUL 191966 Approved 19— Mayor zz