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CC_Minutes_1964_0422
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CC_Minutes_1964_0422
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Roseville City Council
Document Type
Council Minutes
Meeting Date
4/22/1964
Meeting Type
Regular
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<br />VILLAGE OF ROSEVILLE <br /> <br />Special Meeting of the Village Council, April 22, 1964. <br /> <br />The Village Council met on the above date with the following <br />members present: Mayor Cedarholm, Trustees Curley and Shields. <br />Absent: Trustees Goodrich and Grauel. <br /> <br />Shields Moved, Curley Seconded, that the bids on $3,265,000 <br />Temporary Improvement Bonds be opened. Roll Call, Ayes (3) - <br />Nays (0). <br /> <br />Bidder <br /> <br />First National Bank of St. Paul <br />Shaughnessy & Company, Inc. <br /> <br />3.10% Interest Rate <br />$1,306.00 Premium <br />$201,124 Interest Cost <br />3.0800% Net Interest <br /> <br />American National Bank, St. Paul <br />Paine, Webber, Jackson & Curtis <br />Kalman & Company <br /> <br />3.10% Interest Rate <br />$851.00 Premium <br />$201,579 Interest Cost <br />3.08696% Net Interest <br /> <br />John Nuveen & Co. <br /> <br />3.40% Interest Rate <br />$3,628.00 Premium <br />$218,392 Interest Cost <br />3.344% Net Interest <br /> <br />Shields Moved, Curley Seconded, that the bids be closed. <br />Roll Call, Ayes (3) - Nays (0). <br /> <br />Shields Moved, Curley Seconded, that Resolution No. 948-A <br />awarding sale of $3,265,000 Temporary Improvement Bonds, Series 1, <br />to First National Bank of St. Paul be adopted. Roll Call, <br />Ayes (3) - Nays (0). <br /> <br />Shields Moved, Curley Seconded, that the meeting be adjourned <br />at 12:30 P.M. Roll Call, Ayes (3) - Nays (0). <br /> <br />12:00 Noon <br /> <br />B IDS OPENED <br /> <br />BIDS CLOSED <br /> <br />RESOLUTION <br />NO. 948-A <br /> <br />ADJOURNMENT <br /> <br />;::\t )?~--- <br /> <br />ayor <br /> <br />ATTEST: <br /> <br />~~ <br />
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