RM 02-19-71 - Laserfiche WebLink

Home Browse Search

6. NOW BUSINESS (Cont'd d. Preliminary Loan Notes. Bid opening was held PRELIMINARY LOAN NOTES at 1:0 P.M., E.S.T., on February 9, 1971, for the AWARDED.TO: FIRST BANK Central Downtown Urban Renewal Project, R- 66,`First .& TRUST CO. OF SOUTH Series 1971, for the amount of $10,940,000.00. The BEND ON BEHALF OF DISCOUNT bidder were: CORP. OF NEW YORK FOR $10,940,000.00. Bidder s Name and Address Int.-Rate Premium First Bank and Trust Company of 2.34% $341.00 South Bend on behalf of: - Discount Corporation of N.Y. 58 P ne Street New York, New York Morgan Guaranty Trust Co. of N.Y. 2.36% $123.00 Salomon Brothers 2.36% 79.00 23 WaII Street New York, N.Y. 10015 Bank of America N.T. & S.A. 2.37% $376.00 Bankers Trust Company 2.37% 447.00 New York, N.Y. Continental Illinois National Bank 2.41% $528.00 & Trust Company of Chicago First National City Bank First Boston Corporation, and Mellon'National Bank and Trust Co. First rational Bank of Boston 2.42% $105.00 Lehman Brothers, Inc. and Associates One William Street New Yo k, N.Y. 10004 The National Bank and Trust Co. 2.47% $ 10.00 of South Bend, South Bend, Ind. St. Jo eph Bank & Trust Co. 2.59% $.21.00 - Michigan &.Jefferson Streets South 3end, Indiana The su cessful bidder for the Project Notes, in the aggregate principal amount of Ten Million Nine Hundred Forty housand and No /100 ($10,940,000.00) Dollars, for. the Ce tral Downtown Urban Renewal - Project, R -66 was First 3ank and Trust Company of South Bend'on behalf' of: Discount Corporation of New York, with an interest rate of 2.34 %, with $341.00 premium. Notice of Sale was published on January 26, 1971, in The So th Bend Tribune; January 22, 1971, in the _Tri County News; and January 26, 1971, in The Daily Bond Buyer. -7-