2086233
ORIGINAL TO CITY CLERK
PRESENTED
COMMISSION
- N ..z oulis, mayor 08623 —By George r 9.o86
f ereas, The Council did b V.
(�
CITY OF ST. Pt 'authorize0the approved uance and-W FILE NO.
OFFICE OF THE CIT�itOaalF aciiities °so ds sPaul (-
dated August 1, 1962, ani %3'
COUNCIL RESOLUTION — '�:riditbonds °to bevadve'd- 1' LLD
'-'ind said advertisemer --•
f• bids to be submitteW
:end as the bids we
4fi examined
- ytcil, and
1're9'V'V 8.;� Ld bbtif
WHEREAS, the Council did by Resolution No. 208003, approved July 12, 1962,
authorize the issuance and sale of $700,000 City of Saint Paul Joint Hospital
Facilities Bonds, Series No. 3, 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 advertise-
ment required sealed bids to be submitted on August 14, 1962, and as the bids were
submitted and opened, e=ined and tabulated by the Council, and the Joint Bid of
Halsey, Stuart & Co. Inc.,
Morgan�,Guaranty Trust Compa ny of New York,
Glare, Forgan & Co. and Associates
was found to be the most advantageous, therefore be it
RESOLVED, that the bid of Halsey, Stuart & Co. Inc., Morgan Guaranty Trust
Company of New York, Glare, Forgan & Co. and Associates
be accepted and said bonds awarded at a price, namely, p-ar and accrued interest with
a coupon rate of 3.,25 per cent and a premium of $2,667.00.
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
Holland
Martinson
Peterson In Favor
Rosen
I*0-s' Against
Mr. President, 3= Vavouli s
6M 7 -69 c8
••I
AUG 14196.
Adopted by the Council 19
A"G 141962
Mayor
DUPLICATE TO PRINTER
CITY OF ST. PAUL
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
«623
COUNCIL NO.
FILE
WHEREAS, the Council did by Resolution No. 208003, approved July 12, 1962,
authorize the issuance and sale of $7006000 City of Saint Paul Joint Hospital
Facilities Bonds, Series No. 3, to be dated August 19 19629 and as the proper city
officers have fully caused the said bonds to be advertil(sed for sale and said advertise —
scent required sealed bids to be submitted on August 14, 19621, and as the bide Were
submitted and opened, examined and tabulated by the Council# and the Joint Bid
Halsey, Stuart & Co. Inc.,
XorganyGuaranty Trust Compa ny of Nov York,
Glore. Forgan & Co. and Associates
was found to be the most advantageous, therefore be it
RESOLVED, that the bid of Halsey, Stuart & Co. Inc., Morgan Guaranty Trust
Company of New Tork, 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 $2,667.00.
FUTIHER RESOLVED, that the Council hereby ratifies and approves each and every
act of the Sinking Fund Committee in connection with the sale of said bounds.
COUNCILMEN
Yeas Nays
Dalglish
Holland
Mortinson
Peterson In Favor
Rosen
mss- D
Against
Mr. President,110M Vavoults
5M 7-59 qW8
pjj614151
Adopted by the Council 19
AUG 1 1962
Approver] 19
Mayor