177033 Original to City Clerk
CITY OF ST. PAUL COUNCIL NO. 71033
OFFICE OF THE CITY CLERK
y,- IL RESOLUTION-GENERAL FORM
PRESENTED BY , j s
COMMISSIONE DATE
MMUS, the Council did. by Resolution No. 176594, approved. January 27,
1956, authorise the issuance and sale of $2,000,000 Water Yorks Bonds,Series 1956 3,
and as the proper city officers have fully caused the said bonds to be advertised for
sale and said advertisement required bids to be submitted. on March 7, 1956, and as
the bids were submitted and opened, examined and tabulated by the Council, and the
joint bid. of
EQUITABLE SECURITIES CORPORATION
AND ASSOCIATES
was found to be the most advantageous, therefore bi it
RESOLVED, that the bid. of Equitable Securities Corporation and Associates
be accepted and said bonds awarded at a price, namely, par and accrued interest with a
coupon rate of 2.40`,b per cent and a premium of $20,61240.
a'ORTRER 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.
MAR 71956
COUNCILMEN Adopted by the Council 195-
. Yeas Nays
Gibbons MAR 7 1956
Halvorson Approved 195_
Holland
Marzitelli in Favor
Mortinson �-
Mayor
Peterson Against
Mr. President, Dillon PUBLISHED. /9-s6
514 6-54 0611151.2