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201129ORIGINAL TO CITY CLERK c _ 201 29 CITY OF ST. PAUL FILE NO. NO. _ OFFICE OF THE CITY CLERK '] C UNCIESOLUTION- GENERAL FORM PRESENTED BY / COMMISSIONER DATE WHEREAS, the Council did by Resolution No. 200644, approved February 2, 19619 authorize/ the issuance and sale of $1,474,000 General Improvement Bonds, Series No. 9, to be dated March 1, 19619 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 March 8, 1961, and as the bids were submitted and opened, examined and tabulated by the Council, and the joint bid of The First National Bank of Saint Paul, Bankers Trust Company, New York City, The 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 tm be accepted and said bonds awarded at a price, `namely, "par and accrued interest with a coupon rate of 3940 per cent and a premium of $ 9,713.66. J RESOLVED FURTHER, that the Council hereby ratifies and approves each and every act of the Sinking Fund Cammit -tee in connection with the sale of said bonds. .• ;Q. �� council File No. 201129 —By Milton Rosen— COUNCILMEN Yeas Nays DeCourcy Holland Loss Peterson Rosen Mr. President, Vavoulis ISM 5.60 qE90. 2 WWh�ereas, The Council did by Reso- 1ut16n No. 200644, approved February 2, 1961, authorize the issuance and sale of 53,474,000 General Improvement Bonds, Series No. 9, 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 advertise- ment required sealed bids to be sub- mitted on March v 'v- Adopted by the Council 19— MAR 81981 Approved 19- n Favor Mayor Against PUBLISHED I r % - ff(,/ / 201129 DUPLICATE TO PRINTER " CITY OF ST. PAUL COUNCIL NO _ T ' OFFICE OF THE CITY CLERK FILE COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE WMRUS, the Council did by Resolution No. 200644. approved February 2, 1961, authorized the issuance and sale of $1,474,000 Q4neral improvement Bonds, Series No, 9, to be dated ,March 1. 19619 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 March 8, 1961, and as the bids were submitted and opened, examined and tabulated by the Council, and the point bid of The First National Bank of Saint Paul. Bankers Trust Company, New York City, The First rational ,Bank of Chicago as i'oint Managers and Associates was found to be the most advantageous, therefore be it RESOLVED, that the joint bid of the above naemed syndicate In 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 $ 9.713.66. RESOLVED FnTEUj that the Council hereby ratifies and approves each and every act of the Sinking Amd Committee in connection with the sale of said bonds. COUNCILMEN Yeas Nays DeCourcy Rolland Loss f0rdM01r Peterson Rosen Mr. President, Vavoulis 6M 6.6E Q61yo.2 Tn Favor a A gainst LIAR 81 Adopted by the Council 19— MAR 81981 Approved 19— Mayor