07-19-1988 BOM0
MINUTES
BID OPENING
TUESDAY, JULY 19, 1988
City Administrator Gary D. Plotz called
the bid opening to
order at 11:00 A.M.
Also present were Administrative Secretary
Marilyn Swanson
and bond consultant
Bill Fahey of Ehlers & Associates.
The following bids were opened for the
$1,920,000 G.O. Improvement Bonds of 1988
for the City of Hutchinson:
INTEREST
RATE
Blunt, Ellis & Loewi, Inc.
$842,348.00
6.9500
Clayton Brown & Associates, Inc.
834,131.01
6.8820
Cronin & Company, Inc.
815,957.50
6.7323
First Bank
815,702.50
6.7302
Harris Trust & Savings Bank
833,016.50
6.8730
Northern Trust Company
827,870.50
6.8306
Norwest Investment Services, Inc.
813,640.00
6.713
The bids were referred to Bill Fahey for
review. The meeting adjourned at
11:10 A.M.