08-08-1989 BOMMINUTES
BID OPENING
TUESDAY, AUGUST 8, 1989
City Administrator Gary D. Plotz called the bid opening to order at 11:00 A.K.
Also present were Finance Director Kenneth B. Merrill, Administrative Secretary
Marilyn Swanson and bond consultant Bill Fahey of Ehlers & Associates.
The following bids were opened for the $1,250,000 G.O. Improvement Bonds of 1989
for the City of Hutchinson:
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INTEREST
RATE
Allison -Williams Company
$480,343.75
6.404583
Blunt Ellis & Loewi, Inc.
491,212.50
6.5495
Clayton Brown & Associates, Inc.
488,472.48
6.5129
Cronin & Company, Inc.
473,093.75
6.30791
Dain Bosworth, Inc.
476,963.75
6.3595
First Bank National Association,
Kpls. 473,531.25
6.3137
Harris Trust & Savings Bank
482,511.25
6.4334
Killer Johnson & Kuehn
478,625.00
6.3816
The Northern Trust Company
477,847.50
6.3713
Norwest Investment Services, Inc.
479,312.50
6.3908
Park Investment Corporation
478,312.50
6.3775
Shearson Lehman Hutton Inc.
479,850.71
6.3980
The bids were referred to Bill Fahey
for review. The meeting
adjourned at
11:30 A.K.
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