08-25-1992 BOMMINUTES
BID OPENING
TUESDAY, AUGUST 25, 1992
City Administrator Gary D. Plotz called the bid opening to order at
3:30 P.M. Also present were Finance Director Kenneth B. Merrill,
President Steve Apfelbacher and Dave Maroney of Ehlers & Associ-
ates, and Administrative Secretary Marilyn J. Swanson.
The following bids were opened for a $1,955,000 General Obligation
Improvement Bonds, Series 1992:
INTEREST
RATE
Cronin & Company, Inc. $660,317.71 5.4416
FBS Investment Services, Inc. 637,080.62 5.2501
Norwest Investment Services, Inc. 644,525.68 5.3114
The bids were referred to the Bond Consultant for review and a
recommendation at the August 25, 1992 City Council meeting.
The bid opening adjourned at 3:35 P.M.