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1962-07-25
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1962
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1962-07-25
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10/27/2004 7:06:54 PM
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City Council
Meeting Date
7/25/1962
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Minutes
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REPORT RE: <br />RESULT OF BOND SALE <br /> <br /> PURSUANT TO ORDINANCES ADOPTED BY THE COUNCIL ON APRIL 25~ 1962 <br />AND JULY 16s 1952, SPREAD IN ORDINANCE BOOK 3s PAGES 459 AND 460 AND <br />PAGES 466s 467 AND 468 RESPECTIVELYs AND PURSUANT TO RESOLUTION OF <br />COUNCIL FIXING THE DATE AND DENOMINATIONS OF SAID ISSUE OF BONDS <br />ADOPTED BY THE COUNCIL ON JULY t6s 1962s AND SPREAD IN MINUTE BOOK Ks <br />PAGE gls i WAS AUTHORIZED TO SELL AT PAR OR MOREs AN ISSUE OF <br />$3s000sO00.O0 CiTY OF CHARLOTTESVILLE, WATER IMPROVEMENT BONDS, SERIES <br />oF 1962. <br /> <br />A COPY OF THE NOTICE OF BOND SALE OF $3~ 000, 000. 00 CITY OF <br />CHARLOTTESVILLE, WATER IMPROVEMENT BONDSj SERIES OF 1962, WAS PUBLISHED <br />IN THE DAILY BOND BUYER ON JULY 10s 1962 AND COPIES OF SAID NOTICE WERE <br />MAILED TO INTERESTED BOND HOUSES. <br /> <br /> IN ACCORDANCE WITH SAID AUTHORITY I RECEIVED THE FOLLOWING SEALED <br />BIDS AT 12:00 O'CLOCK NOONs E.D.T., JULY 25, 1962, FOR THE PURCHASE OF <br />$3s000,000.00 CITY OF CHARLOTTESVILLE~ WATER IMPROVEMENT BONDS, SERIES <br />OF 1962, DATED AUGUST 1, 1962: <br /> <br />BIDDER INTEREST RATE AMOUNT <br /> <br />MORGAN GUARANTY TRUST COMPANY <br /> OF NEW YORK AND ASSOCIATES <br /> <br />FIRST 8 MAT. 2.50% <br />NEXT 1 MAT. 2.60~ <br />NEXT 1 MAT. 2.75% <br />NEXT t0 ,AT. 3.00~ <br /> <br />$3, 002,438. O0 <br /> <br />THE CHASE MANHATTAN BANK <br />HERCANTILE TRUST COMPANY <br />ANDERSON & STRUDWICK <br />BACON, WHIPPLE & COMPANY <br />WELLS · CHRISTENSEN, INCORPORATED <br />LYONS~ HANNAHS & LEE INC. <br />THE MILWAUKEE COMPANY <br />BLEWER= GLYNN ~ COMPANY <br />WYLLIE ~ THORNHILL~ INCORPORATED <br /> <br />FIRST 2 MAT. 4.00% <br />NEXT 6 MAT. 2.50% <br />NEXT 3 MAT. 2.75% <br />NEXT 9 MAT. 3.00~ <br /> <br />WHITE~ WELD & COMPANY & ASSOCIATES <br /> <br />FIRST 1 MAT. 5.00~ <br />NEXT 10 MAT. 2.75% <br />NEXT 4 MAT. 2.9~ <br />NEXT 5 MAT. 3.00~ <br /> <br />$3,000,300.00 <br /> <br />BANKERS TRUST COMPANY <br />THE FIRST NATIONAL BANK OF CHICAGO <br />SALOMON BROTHERS ~ HUTZLER <br />WOODs STRUTHERS ~ COMPANY <br />WILLIAM BLAIR & COMPANY <br />SCOTT ~ STRINGFELLOW <br /> <br />FIRST 1 MAT. 3.50% <br />NEXT ll MAT. 2.80% <br />NEXT 3 MAT. 2.90% <br />NEXT 5 MAT. 3.00~ <br /> <br />$3,000,000. O0 <br /> <br />WERTHEIM & COMPANY <br />DEAN WITTER · COMPANY <br />HEMPHILL, NOYES & COMPANY <br />GOODBODY ~ COMPANY <br />J. C. BRADFORD ~ COMPANY <br />TUCKERs ANTHONY & R. L. DAY <br /> <br />FIRST 2 MAT. 5.00~ <br />NEXT tO MAT. 2.75% <br />NEXT 3 MAT. 2.90~ <br />NEXT 5 MAT. 3.0C~ <br /> <br />$3, 003~ O15. O0 <br /> <br />HARRIMAN RIPLEY & COMPANYs INC. <br />AND ASSOCIATES <br /> <br />FIRST 4 MAT. 2.25% <br />NEXT 4 MAT. 2.50~ <br />NEXT lO MAT. 3.00~ <br />NEXT 2 MAT. 3.10~ <br /> <br />$3, OO1,350. O0 <br /> <br />HARRIS TRUST AND SAVINGS BANK <br />KIDDER, PEABODY AND COMPANY <br />HORNBLOWER & ~EEKS <br />DOMINICK & DOM~NlCK <br />SECOND DISTRICT SECURITIES Co.)INC. <br /> <br />FIRST 6 MAT. 2.50% <br />NEXT 5 MAT. 2.75% <br />NEXT 6 MAT. 3.00% <br />NEXT 3 MAT. 3.10% <br /> <br />$3, 000, 570.00 <br /> <br />CHEMICAL BANK NEW YORK TRUST Co. <br />AND ASSOCIATES <br /> <br />FIRST ll MAT. 2.75% <br />NEXT 2 MAT. 2.80~ <br />NEXT 4 MAT. 3.00~ <br />NEXT 3 MAT. 3.10% <br /> <br />$3, 000, 435.00 <br /> <br />FIRST BOSTON CORPORATION <br />MELLON NATIONAL BANK & TRUST Co. <br />PEOPLES NATL. BANK OF CENTRAL VA. <br /> <br />FIRST 4 MAT. 2.30~ <br />NEXT 7 MAT. 2.75~ <br />NEXT 6 MAT. 3.00% <br />NEXT 3 MAT. 3.10% <br /> <br />$3s 000~ 330. O0 <br /> <br />LEHMAN BROTHERS <br />C. J. DEVINE & Co. <br />L. F. ROTHSCHILD & Coo & ASSOC. <br /> <br />FIRST I MAT. 5o00~ <br />NEXT 10 MAT. 2.75% <br />NEXT 1 MAT. 2.90~ <br />NEXT 8 MAT. 3.00~ <br /> <br />$3s 000, 001. O0 <br /> <br />PHELPS, FENN & Co. AND ASSOC. <br /> <br />FIRST l0 MAT. 2.75% <br />NEXT 5 MAT. 2.90% <br />NEXT 2 MAT. 3.00~ <br />NEXT 3 MAT. 3.10% <br /> <br />$3, 000,420. O0 <br /> <br />DREXEL & COHPANY <br /> <br />FIRST ) MAT. 5.0C~ <br />NEXT 11 MAT. 2.75% <br />NEXT 6 MAT. 3.00~ <br />NEXT 2 MAT. 3.10% <br /> <br />$3s000,630.00 <br /> <br />HALSEY) STUART & Co.s INC.. & <br />ASSOCIATES <br /> <br />FIRST 7 MAT. 2.75% <br />NEXT 8 MAT. 2.90~ <br />NEXT 3 MAT. 3.00% <br />NEXT 2 MAT. 3.!0~ <br /> <br />$3, 000~ 480. O0 <br /> <br /> <br />
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