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Resolution 1523
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Resolution 1523
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7/8/2008 7:46:08 AM
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<br /> , , <br />... ~ .. <br /> ... <br />~ <br />,. <br /> Extract of Minutes of Meeting of the <br /> City Council of the City of New Brighton, <br /> Ramsey County, Minnesota <br /> Pursuant to due call and notice thereof, a meeting of the <br /> City Council of the City of New Brighton, Minnesota, was duly held <br /> at the City Hall, in the City, on Tuesday, March 11, 1975 at 8:00 <br /> o'clock P.M. <br /> The following members were present: <br /> Bromander, Anderson, Eagon Fisher, aebe6ein <br /> and the following were absent: Hone <br /> * * * * * * * * * <br /> The Mayor announced that the meeting was convened for the <br /> purpose of receiving sealed bids for the purchase of $1,035,000 <br /> Temporary Improvement Bonds of 1975 and $1,220,000 Temporary Water <br /> Improvement Bonds of 1975, as advertised for sale. The City Clerk <br /> presented affidavits showing publication of the notice of sale in <br /> the official newspaper and in Commercial West, which affidavits <br /> were examined and found satisfactory and ordered placed on file. <br /> * * * * * * * * * <br /> The City Manager and Clerk then presented the sealed <br /> bids received and opened by them pursuant to the notice of sale for <br /> the Temporary Improvement Bonds and Temporary Water Improvement Bonds. <br /> These were examined and found to be as follows: <br /> Name of Bidder Interest Rates Purchase Price (Both Issues) <br /> First Hational Bank of 4.25% Water Impr. $2,216,000.00 <br /> St. Paul 4.75% Impr. <br /> John Jl1Uveen & Co. Inc 5" $2,246../092.75 <br /> St. Paul <br /> American Hat. Bank & 5" $2,233;014.00 <br /> Trust Co. St. Paul <br /> BandRor~w.st & First 4.70% $2,234,,710.00 <br /> Hat. Bank of Minn..polis <br /> ,e"'$ ~ /t.J..If,. (J tJ liD. I $':/.:3 <br />
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