194173ORIGINAL TO CITY CLERK
f { i
�- 44173
CITY OF ST. PAUL COUNCIL
FILE NO.
OFFICE OF THE CITY CLERK
NCIL RESOLUTION — GENERAL FORM
PRESENTED BY ) / µ
COMMISSIONER {�SLi. DATE
WHEREAS, the Council did by Resolution No. 193755, approved August 27, 1959,
as amended by C. F. No. 193839, approved September 4, 1959, authorize the issuance and
sale of $3,500,000 City of Saint Paul Water Works Bonds, Series 1959 A, to be dated
September 1, 1959, 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
September 30, 1959• and as the bids were submitted and opened, examined and tabulated by
the Council, and the joint bid of
w
SEP 30195%
COUNCILMEN Adopted by %the Council 19
M,
Yeas Nays
DeCourcy E P 3 0 1959
Holland - Approved - ,- 19
Mortinson
Peterson In Favor
Rosen Mayor
Winkel A '
gainat
Mr. President, Dillon
6M 7 -69 s PUBLISHED
Council File No. 194173 —By Joseph E.
Dillon, mayor—
Phelps, Fenn & Co.,
Whereas, The Council did by Reso-
lution No. 193755, approved August 27,
J. M. Dain 8a Com Inc.
pf
1959, as amended by C. F. No. 19�3s39,
September
and Associates
the issuance nd sale ofl$3 500,000 City
of Saint Paul Water Works Bonds,
Series 1959 A, to be dated September -
1, 1959, and as the proper city officers
have fully caused the said bonds to
— --'-c '.',ed for sale and said adver -. .
� r
was found to be the most advantageous, therefore be it
RESOLVED, that the joint bid of the above syndicate
be accepted and said bonds awarded at a price,namely, par and accrued interest with a
coupon rate of 3.60per cent and a premium of $1,365.00.
FUR'i'AER 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.
w
SEP 30195%
COUNCILMEN Adopted by %the Council 19
M,
Yeas Nays
DeCourcy E P 3 0 1959
Holland - Approved - ,- 19
Mortinson
Peterson In Favor
Rosen Mayor
Winkel A '
gainat
Mr. President, Dillon
6M 7 -69 s PUBLISHED
DUPLICATE TO PRINTER
CITY OF ST. PAUL
! OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION - GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
COUNCIL 1941'73
FILE NO.
WHEREAS, the Council did by resolution No. 193755, approved August 27, 1959,
as amended by C. F. No. 193839, approved September 4, 19S9,.authorize the issuance and
sale of $3,500,000 City of Saint Paul Water Works Bonds, Series 1959 As to be dated
September 1, 1959, an8.,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
September 30, 1959, and as the bids were submitted and opened, examined and tabulated by
the Council, and the joint bid of
Phelps, Penn & Co.,
J. M. Bain & Company, Inc.
and Associates
was found to be the most advantageous, therefore be it
RESOLVED, that the joint bid of the above syndicate
be accepted and said bonds awarded at a price,namelyp par and accrued interest with a
coupon rate of 3.60per cent and a premium of $1,365.00.
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
DeCourcy
Holland
Mortinson
Peterson
Rosen
Winkel
Mr. President, Dillon
ISM 7 -59 c0a,8
I In Favor
Against
S E P 30 1959
Adopted by the Council 19
Approved S E P 30 1959 19
Mayor