11-13-1984 BOMMINUTES
BID OPENING
TUESDAY, NOVEMBER 13, 1984
The bid opening was called to order at 3:00 P.M. Present were: Mayor Robert H.
Stearns, City Administrator Gary D. Plotz, Finance Director Kenneth B. Merrill,
City Attorney James Schaefer, and Bonding Consultant Bill Fahey.
The reading of Publication of Notice of Bond Sale, $500,000 General Obligation
Recreation Center Bonds was dispensed with, and the following bids were opened
and read:
NET INTEREST NET INTEREST
COST RATE
Miller Securities, Inc.
$523,768.75
9.5665
Piper, Jaffray & Hopwood, Inc.
530,317.00
9.6861
Dain Bosworth, Inc.
526,581.25
9.6179
Allison -Williams Company
519,668.75
9.4917
Cronin & Marcotte, Inc.
532,675.00
9.7292
First National Bank of Mpls.
532,178.13
9.720
First of St. Paul
Juran & Moody, Inc.
528,531.25
9.6535
Moore, Juran & Company, Inc.
530,715.63
9.6934
The bids were referred to Consultant Fahey for a recommendation at the City Coun-
cil meeting scheduled for this evening.
There being no further business, the meeting adjourned at 3:10 P.M.