197585ORIGINAL TO CITY CLERK' j
CITY OF ST. PAUL
OFFICE OF THE CITY CLERK
�, �OUNCIl RESOW)TION- GENERAL FORM
PRESENTED BY
�
COMMISSIONER— DATE
la
COUNCIL
FILE NO.
AREAS, the Council did by Resolution No. 196868, approved April 279 1960, authorize
the issuance and sale of $4959000 Joint Hospital facilities Bonds, Series No. 2, of the
City of Saint Fault to be dated June 19 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 149 1960, and as the bids were submitted and opened., examined and
tabulated by the Council, and the joint bid of
PHELPS, PENN & CO.
J. M. DA IN & COMPANY, INC.
and Associates
was found to be the most advantageous, therefore b8_ it
joint
RESOLVED, that th.efbid of the above named syndicate
Council File No. 197585 —By Bernard T.
Holland —
Whereas, The Council did by Resolu-
tion No. 196868, approved' April 27,
1960, authorize the issuance and sale
of $495,000 Joint Hospital Facilities
Bonds, Series No. 2, of the City of
Saint Paul, to be dated June 1, 1960,
and as the proper city officers have
v.:as.»�a1i *,�kyn said bonds to be
be acicepted 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 $873.181
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.
1. JUN 14 1960
COUNCILMEN Adopted by the Council 19
Yeas Nays JUN 14196®
DeCourcy
Holland Loss Approved 19
- -
Peterson /2In Favor
!�
� Mayor
Rosen
V Against
Mr. President, =ax Vavoulis
6M 7 -59 8
DUPLICATE TO PRINTER
CITY OF ST. PAUL
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
W
COUNCIL NO. 197 b 8t
FILE
WEMAS, the Council did by Resolution No. 1968689 approved April 279 1960, authorize
the issuance and sale of $059000 Joint Hospital Facilities Bonds, Series No. 2, of the
City of Saint Paul, 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
PHELPS, PENN & CO.
J. Ii. RAIN & COITANY, INC.
and Associates
was found to be the most advantageous, therefore b6 it
joint
RESOLVED, that thepid of the above nared 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 $873.181
AMIUMR RESOLVED, that the Council hereby ratifies and approves each and every act of
the Sinking rand Committee in connection with the sale of said bonds.
COUNCILMEN
Yeas Nays
DeCourcy
Holland
Loss
Peterson Tn Favor
Rosen
WhTkat Against
Mr. President, =UX Pavoulis
5M 7 -59 jjW8
JUN 14 1950
Adopted by the Council 19
JUN 14 ISS
Approved 19
Mayor