197583t j��
ORIGINAL TO CITY CtERK z -1197583
CITY OF ST. PAUL FILE NO.
OFFICE OF THE CITY CLERK
COU CIL RESOL ON- GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
WHEREAS, the Council did by Resolution No. 196886, approved April 28, 1960,
authorize the issuance and sale of $2,000,000 City of Saint Paul Water Works Bonds,
Series 1960 B, to be dated June 1, 1960, 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 June 14, 1960, and as the bids were submitted and opened, examined and
tabulated by the Council, and the joint bid of
K '
PHELPS, FENN & CO. CA uil a No. 197583 —By Bernard T.
J. M. DAIN & COMPANY INC. Whereas, The�Council did by Reso-
lution No. 196886, approved April +'•28,
and Associates 1960, authorize the issuance and sale
of $2,000,000 City of Saint Paul Water
Works Bonds, Series 1960 B, to be
dated Tune 1, 1960, and as the proper
city officers have fully caused the said
bonds to be. advertised for sale and
was found to be the most advantageous, therefore be it rem!ired— sealed
joint
RESOLVED, that the 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 $4,679.00.
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.
COUNCILMEN
Yeas Nays
DeCourcy
lolland
ss
�4a�rS6�i
Peterson
Rosen
mgmlmt
Mr. President, :Bik= Vavoulis
6M 7 -59 ,8
JUN 14 1960
Adopted by the Council 19
JUN 141960
6—T-n pproved 19
Favor
Mayor
() Against
DUPLICATE TO PRINTER ' �
CITY OF ST. PAUL COUNCIL NO.
FILE
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
SAS, the Council did by Resolution No. 196886# approved April 28, 1960,
authorise the issuance and sale of $2,000 #000 City of Saint Paul Water Works Bonds#
Series 1960 B, to be dated June 1, 1960, 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 June 14, 1960, and as the bids were submitted and opened, examined and
tabulated by the Council, and the joint bid of
PREM, 1ERE & CO.
J. M. MIR 6 COMPANY. INC.
and Associates
0
was found to be the most advantageous,, therefore be it
joint
RESOLVED, that the/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 $4 679.00.,
RESOLVED ruRTHER, that the Council hereIr ratifies and approves each and.everr
act of the Sinking lbmd Committee in connection with the sale of said bonds.
COUNCILMEN
Yeas Nays
DeCourcy
.o sand
Me4k11%QD
Peterson In Favor
Rosen -
VhZ&eiz Against
Mr. President, JNX= Tavoulis
6M 7 -69 .4jW8
Adopted by the Council ,SUN 19
alp 141 �Q
Approved ' 19
Mayor