201128ORIGINAL TO CITY CLERK 20.128
�.h CITY OF ST. PAUL F LENCIL NO. 7V
F ICE OF THE CITY CLERK
_CO U RESOLUTION - GENERAL FORM
PRESENTED BY
COMMISSIONE DATE
WHEREAS, the Council did by Resolution No. 200643, approved February 2, 1961,
authorize the issuance and sale of $700,000,j�lood Control Bonds, to be dated March 1,
1961, and as the proper city officers have fully caused the said bonds to be
a dvertised for sale and said advertisement required sealed bids to be submitted on
March 8, 1961, and as the bids were submitted and opened, examined and tabulated by
the Council, and the joint bid of
First National Bank of Saint Paul
Bankers Trust Company, New York City,
First National Bank of Chicago, as
joint Managers and Associates
was found to be the most advantageous, therefore be it
RESOLVED, that the joint bid of the above named syndicate be accepted and said
bonds awarded at a price, namely, par and accrued interest with a coupon rate of 3.40
per cent and a premium of $3,843.00.
RESOLVED FURTHER, that the Council hereby ratifies and approves each and every
act of the Sinking Fund Committee in connection with the sale of said bonds.
Council File No. 201128 —By Milton
Rosen —
Whereas, The Council did by Reso-
lution No. 20N43, approved February
2, 1961, authorize the issuance and
sale of $700,000 Flood Control Bonds,
to be dated March- 1, 1961, and as
the proper city officers have fully
caused the said bonds to be advertised
for sale and said advertisement re-
quired sealed bids to be submitted
On-
ire
.sib
9r'
COUNCILMEN
Yeas Nays
DeCourcy
Holland
Loss Z n Favor
Peterson
Rosen /-- against
Mr. President, Vavoulis
6M 8.60 qEJ02
MAC
8
Adopted by the Council 19—
—19—
Mayor
PUBLISHED ° _ �p /
DUPLICATE TO PRINTER . --
CITY OF ST. PAUL COUNCIL NO.
" OFFICE OF THE CITY CLERK FILE
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
WHEREAS, the Council did by Resolution No. 200643, approved February 2; 19611
authorise the issuance and sale of $700,000',Flood Control goads, to be dated March 1,,
1961, and as the proper city officers have fully caused the said bonds to be
a dvertised for sale and said advertisement required sealed bids to be submitted on
Larch 8, 1961, and as the bids were submitted and opened, examined and tabulated by
the Council, and the joint bid of
First National Bank of Saint Paul
Bankers Trust Company, New York City,
First,National Bank of Chicago, as
joint Managers and Associates
was found to be the most advantageous, therefore be it
RESOLVED, that the joint bid of the above named syndicate be accepted and said �\
bonds awarded at a price, namely, par and accrued interest with a coupon rate of 3.40
per cent and a premium of 03,843.00.
RESOLVED FURTHRR,, that the Council hereby ratifies and approves each end every
act of the Sinking Fund Colmaittee in connection with the sale of said bonds.
COUNCILMEN
Yeas Nays
DeCourcy
Holland
Loss
Peterson
Rosen
Mr. President, Vavoulis
aM s -eD OQW2
Tn Favor
0 Against
LIAR 810
Adopted by the Council 19—
Approved 19—
Mayor