229526ORIGINAL TO,CITY CLERK
CITY OF ST. PAUL
t OF ICE OF THE 9ITY CLERK
COJNOft RE -SOLVITION— GENERAL FORM
PRESENTED I
COMMISSio
COUNCIL NO. 229526
FILE
WHEREAS, the Council did by Resolution No. 229250,
approved June 28, 1966, authorize the issuance and sale of
$115,000 Joint Sewer Study Bonds, 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 $336.03 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 APPROV
Asst. Corporation Counsel
JUL 19196
COUNCILMEN Adopted by the Council 19—
Yeas Nays JUL 191966
Carlson
Dalglish Approved 19—
Holland
Meredith In Favor
Peterson p Mayor
Tedesco Against
Mr. President, Byrne
PUBLISHED JUL 23 1966
22
DUPLICATE Tg PRINTER 229526
CITY OF ST. PAUL FILE ONCIL
NO.
= OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSION
WHEREAS, the Council did by Resolution No. 229250,
approved June 28, 19660 authorize the issuance and sale of
$115,000 Joint Sewer Study Bonds, to be dated as of July 1,
1966, and as the proper City officers have fully caused the
saidbonds 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 I
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 $336.03 = be it
FUROR RESOLVED, That the.Couneil hereby ratifies and
approves each and every act of the Sinking Fund Committee in
connection with the sale of said bonds,
COUNCILMEN JUL 191.
Yeas Nays Adopted by the Council 19—
Carlson JUL 191966
Dalglish
Approved 19_
Holland
Meredith In Favor
Peterson Mayor
Tedesco Against
Mr. President, Byrne
razz