191116.
ORIGINAL TO CITY CLERK
• CITY OF ST. PAUL
OFFICE OF THE CITY CLERK
O NIL RESOLUTION - GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
191116
Councib File Nq- 191116 —By Joseph E.
Dillon, mayor— �,.
Whereas, The Cou4il did by Reso-
lution No. 190570 appto"ved January 13,
, 1959 authorize the issuance and sale
'of $5,501,OOD City of Saint Paul General
'Improvement Bonds, Series No. 7, to
j be dated February 1, 1959, and as the
AREAS, the Councill/did by Resolution No. 190570 approved January 13, 1959 authorize
the issuance and sale of $5,501,000 City of Saint Paul General Improvement Bonds, Series
No. 7, to be dated February 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 February 25, 1959, and as the bids were submitted and.opened, examined and
tabulated by the Council and the bid of Halsey, Stuart & Co., Inc. and Associates,
was found to be the most advantageous, therefore be it
RESOLVED, that the bid of Halsey, Stuart & Coi, Inc., and Associates
be accepted and said bonds awarded at a price, namely, par and accrued interest with a
coupon rate of 3.20 per cent and a premium of $28,599.70.
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
Winkel
Mr. President, Dillon
5M 5.58 2
Tn Favor
Against
FEB 2 5 1959
Adopted by the Council 19—
FEB 25 1959
191116
DUPLICATE TO PRINTER
• CITY OF ST. PAUL FILE NCIL NO.
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION - GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
wHERUS, the Council did by Resolution ITO. 190570 approved January 13. 1959 authorize
the issuance and sale of $5,501,000 City of Saint Faul General Improvement Bonds, Series
No. 7, to be dated February 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 February 25, 1959, and as the bids were submitted and opened, examined and
tabulated by the Council and the bid of Halsey, Stuart & Co., Inc. and Associates,
was found to be the most advantageous, therefore be it
RESOLVED, that the bid of Halsey, Stuart & Co:., Inc., and Associates
be accepted and said bonds awarded at a price, namely, par and accrued interest with a
coupon rate of 3.20 per cant and a premium of $2£3,599.70.
YURTHER 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
Winkel
Mr. President, Dillon
sM s -58 2
C
In Favor
v
Against
FEB 205 1959
Adopted by the Council 19
FEB 2 5 1959
Approved 19
Mayor