05-09-1989 BOMMINUTES
BID OPENING
TUESDAY, MAY 9, 1989
Finance Director Kenneth B. Merrill called the bid opening to order at 2:00 P.N.
Also present were Administrative Secretary Marilyn Swanson and Bond Consultant
Bill Fahey of Ehlers & Associates.
The following bids were opened for the $830,000 Nursing Home Revenue Bonds,
Series 1989, for the City of Hutchinson:
ACCOUNT MANAGER
Dougherty, Dawkins, Strand & Yost, Inc.
Miller & Schroeder Financial, Inc.
Biller Securities, Inc.
Moore, Juran & Company, Inc.
INTEREST INTEREST
COST RATE
&653,345.00 8.0809
697,682.50 8.6293
639,195.00 7.9059
680,050.00 8.4112
The bids were referred to Bill Fahey for review. The meeting adjourned at
2:05 P.M.