08-14-1990 BOMMINUTES
BID OPENING
TUESDAY, AUGUST 14, 1990
Finance Director Kenneth B. Merrill called the bid opening to order
at 3:30 P.M. Also present were Mayor Paul L. Ackland, Hospital Fi-
nance Director Frank Seivert, Bond Consultant Bill Fahey and Acting
Secretary Hazel Sitz.
The following bids were opened:
$2,110,000 GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 1990
INTEREST
RATE
Cronin & Company, Inc. $913,205.00 6.7320
Dain Bosworth, Inc. 915,190.75 6.746707
FBS Investment Services, Inc. 890,377.50 6.5637
$3,125,000 GENERAL OBLIGATION MEDICAL FACILITIES REVENUE BONDS,
SERIES 1990A
Cronin & Company, Inc. $3,405,975.00 7.14715
Dain Bosworth, Inc. 3,419,987.50 7.17655
Prudential-Bache Capital Funding 3,444,644.90 7.2282
FBS Investment Services, Inc. 3,357,372.50 7.0451
Norwest Investment Services, Inc.
$3,150,000 G.O. TAXABLE MEDICAL FACILITIES REVENUE BONDS,
SERIES 1990
Cronin & Company, Inc. $4,931,825.00 9.9905
FBS Investment Services, Inc. 4,895,060.63 9.9160
Norwest Investment Services, Inc.
The bids were referred to Bill Fahey for review and recommendation
at the August 14, 1990 Council meeting.
The bid opening adjourned at 3:50 P.M.