RM 02-16-73 - Laserfiche WebLink

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7. NEW BUSINESS (Cont'd is Name and Address Firs National Bank in Dallas P.O. Box 6031 Dallis, Texas 75222 BylFirst Bank & Trust Co. of S.B., Agent The First National Bank of Boston Lehman Brothers, Inc. P.O. Box 2016 Boston, Massachusetts 02106 By} First Bank & Trust Co. of S.B., Agent Int. Rate Premium 3.65% $ 25.00 3.68% 40.00 $ 65.00 3.77% $ 575.00 The successful bidder for the Project Notes, in the aggre- gate principal amount of Thirteen Million Fifteen Thousand and o /100 ($13,015,000.00) Dollars, for the Central Downtown Urban Renewal Project, R -66, was Bankers Trust Company, by First Bank & Trus Company of South Bend, as Agent, with an interest rate of 3.55J, and premium totalling $1,015.00, per HUD approval and award. Not 4e of Sale was published on January 23 and 30, 1973, in The South Bend Tribune, and The Daily Bond Buyer on January 23, 1973. A ma ter resolution (Resolution No. 281), for the Central Down- town Urban Renewal Project, R -66, covers the authorization of thes Project Notes. Mr. arbe advised all the signatures necessary on this transac- tion including the Mayor's, has been received and the packet is r ady for submission to HUD in today's mail. The notes are ior one -year renewal. On m tion by Mr. Chenney, seconded by Mr. Wiggins and unani- mous y carried, the above bids be received and noted for the reco d. d. Demolition and Site Clearance Contract No. 32: ADVERTISING APPROVED Commission authorization was requested to advertise this FOR DEMOLITION & SITE contract for the following commercial structures, R -66: CLEARANCE CONTRACT NO.321 R -66 Parcel No. Address 9 -1 9 -2 9 -30 9 -31 9 -32 with bid Block Jewelers Boutique & Shoe Shop Al's Record Bar Peanut Shop Cooperation Book Nook tentative advertising dates of February 23 and March 2, )pening on March 14 and Commission award on March 16, 1973. - 10 -