208621ORIGINAL TO CITY CLERK
L
BY
CITY OF ST. PAUL
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION - GENERAL FORM
COUNCIL. NO �'��i8621
FILE
WHEREAS, the Council did by Resolution No. 207985, approved July 12, 1962, authorize
the issuance and sale of $3,315,000 City of Saint Paul Sewage Disposal System Bonds, _
1962,, Series A, to be dated August 1, 1962, 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 August 14, 1962, and as the bids were submitted and opened, examined
and tabulated by the Council, and the joint bid of
Halsey, Stuart & Co., Inc.
Morgan Guaranty Trust Company of New York
Glore, Forgan & Co. and Associates
was found to be the most advantageous, therefore be it
RESOLVED, that the joint bid of Halsey Stuart & Co., Inc., Morgan Guaranty Trust
Company of New York, Glore, Forgan & Co., and Associates
be accepted and said bonds awarded at a price, namely, par and accrued interest with a
coupon rate of 3.25 per cent and a premium of $13,293.15.
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
Dalglish
Rolland
Mortinson
Peterson
Rosen
1 ws -
Mr. President, Vavoulis
5M 5.58 oqW2
Council File No. 206621 —By George J.
Vavoults,. mayor —
Whereas, The Council did by Reso-
lution No. 207985, approved July 12,
1962, authorize the issuance and sale
of $3,315,000 City of, Saint Paul Sewage
Disposal Bonds, 1962, Series A, to be
dated August 1, 1962, 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 I submitted on, August 14,
1962, and as the bids were submitted
and opened, examined and tabulated
by the Council, and the joint bid of
Halsey, Stuart & Co., Inc.
Morgan Guaranty .Trust Company of
New York
Glore, Forgan & Co. and Associftes
was found to be the most advantageous,
therefore be it
Resolved, That the joint bid of Hal-
sey, Stuart & Co., Inc., Morgan Guar-
anty Trust Company of New York,
Glore, Forgan & Co., and Associates
be accepted and said bonds awarded
gt a price, namely, par and accrued
interest with a coupon rate of 3.25
per cent and a premium of $13,293.15.
Further Resolved, That the Council
hereby ratifies and approves each and
every act of the Sinking Fund Com-
mittee in connection with the sale of
said bonds.
Adopted by the Council August 14,
1962.
Approved August 14, 1962.
(August 18, 1962)
Adopted by the Col
6 In Favor
_ (T� Against
p UG 141st
�
G �� 1962
9-
9
Mayor
. , ')C� 2
DUPLICATE TO PRINTER COUNCIL NO
CITY OF ST. PAUL FILE .
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
WHFMAS,. the Council did by Resolution A'o.' 207985,' approved ?uly 120 1962, authorise
the issuance and sale of $39315,000 City of Saint Paul Sewage Disposal System Bonds, .'
19629 Series A, to be dated August 1, 1962, and as the proper city officers have fully
caused the said bonds to be advertised for sale and said advertisement requited sealed bids
to be submitted on August 14, 1962, and as the bids were submitted and opened, examined
and tabulated by the Council, and the joint bid of
Halsey, Stuart & Co., Inc.
Morgan Guaranty Trust Company of New York
Clore, Forgan & Co. and Associates
was found to be the most advantageous, therefore be it
RESOLVEDo, that the joint bid of Halsey Stuart & Co., Inc., Morgan Guaranty Trust
Company of New York, Glore, Forgan & Co., and Associates
be accepted and said bonds awarded at a price, namely* par and - ccrued interest with a
coupon rate of 3.25 per cent and a premiva of $13,293.15.
pURTHER RESOLVED9, that the Council hereby ratifies and approves each and every
act of thb Sinking Fund Committee in connection with the sale of said bonds.
COUNCILMEN
Yeas Nays
Dalglish
Holland
Mortinson
Peterson
Rosen
wimmi mss -
Mr. PresidentXIMM Vavoulis
5M 5 -58 2
Tn Favor
Against
AUG 141961
Adopted by the Council 19—
AUG 141962
Approved 19—
Mayor