1954-296r'-
R~QLUTI(~T N0. 29b
RF50LUTICN AGCEPTIN C~ BTD tEN ~l'000~000
TMPRf~'F1~Ig1TT HCNQ~ ~ 19~}~.
BE IT R,F~t)LVE® by the Village Counc3.1 of the Village of R3.chfield~ Hennepin
Countys Minnesotan as followsa
1. That the bid of J. M. laain & Compar~r; Allison~++Ti113ams Company;
Northw®stem Nai3.ana1 Bank; John Nuveen & Company; Paine Webber Jacksan & Curtis;
Piper, Jaf£ray & Hopraood; l~a~heimer-Egan' Tic.; Harold E. Wood & Company;
Tr~oodard=E'J.wood & Compa,~; Caldwell PhilLi.ps Company; Shaughnessy & Compan®3 and
E. J, Prescott & Company to purchase ~1a000~000 Impravemant Bonds of 195l~
bearing interest at 3.75 for bonds ma.turang February:; ~., 1956 through February 1, 19b3,
and 3.70 for bonds maturing February 1, 1961 through February l,. 1975, and 'Pay
therefor ~1'000sQ00, is hereby found, determined and declared to be the Est
1
favorable bid and the same is hereby accepted.
2. That the Clerk is hereby. authorized and- directed to return the good
faith bidders check to the unsuccessfLt7. bidder forthwith.
Adopted by the Qillage Coundl this 23rd day of Februarys 195lt.
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