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MEMO DUM OF MEETING FOR THE OPENING OF BIDS FOR SALE OF FOURTH <br />SERIF A PRELIMINARY LOAN NOTES <br />1x00 . M. <br />July 11, 1964 <br />Pre <br />Proof <br />°A" Pz <br />from t <br />1964, <br />It is <br />ing b <br />Redevelopment Commission Office <br />129 West Colfax Avenue <br />.tr James G. Louis, President, South Bend Redevelopment <br />Commission <br />James A. Bickel, Controller, City of South Bend <br />Fred J. Helmen, Secretary, South Bend Redevelopment <br />Commission <br />Henry Sucher, Executive Director <br />Carl R. Nowak, Assistant Director <br />of publication of Notice of Sale of $990,000, Fourth Series <br />eliminary Loan Notes, dated August 17, 1964, was submitted <br />he South Bend Tribune and the Daily Bond Buyer dated July 7, <br />and the Record dated July 3, 1964, <br />r 1 :00 p.m. Eastern Daylight Savings Time, and the follow- <br />were opened and received= <br />Chemi al Bank New York Trust Co., 20 Pine Street, New York. <br />Inter st rate 2.24/ with premium of $1. <br />Salomoln Brothers and Hutzler, Sixty Wall Street, New York 5, N. Y. <br />Interest rate 2.19/ with premium of $51. <br />Continlntal Illinois National Bank and Trust of Chicago, Illinois. <br />Interest rate 2.19/, no premium. <br />Morgan Guaranty Trust Company of New York and Associates, 140 <br />Broad y, New York. Interest rate 2.18/ with $46 premium. <br />Bank of America National Trust and Savings Association, 300 <br />Montgo ery Street,, San Francisco, California, interest rate 2.17/ <br />with p emium of $69. <br />Banker Trust Company, 16 Wall Street, New York. Interest rate <br />2.13/, no premium. <br />St. Jo�eph Bank & Trust Co., South Bend, Indiana. Interest rate <br />2.09/, no premium. <br />Upon e amination of the bids, it was determined that the low bid <br />was s mitted by the St. Joseph Bank and Trust Company of South Bend, <br />-1- <br />