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5. OLD BUSINESS No e. 6. NEW BUSINESS a. Resolution No. 311: This Resolution author- RESOLUTION NO. 311 izes the sale, issuance and delivery of Project Notes, APPROVED AUTHORIZING in the aggregate principal amount of $1,235,000 and the SALE OF PROJECT NOTES, execution of requisition agreement No. 3 -1970, in the LASALLE PARK.URBAN LaSalle Park Project, Ind. R -57. Notice of sale was RENEWAL PROJECT, R -57 published in The Daily Bond Buyer on July 28,1970; Free Press Publishing Co. on July 31;'and The South Bend Tribune on July 28 and August 4, 1970. The bid opening date was August 11, 1970, at 1:00 P.M., E.D.T., in the Office of the Department'of Redevelopment and the bids received were: Bidder 1) The National Bank and Trust Company of South Bend 112 W. Jefferson Boulevard Solith Bend, Indiana 46601 2) St Joseph Bank & Trust Co. Mi higan & Jefferson Streets So th Bend, Indiana 46601 3) Batik of America'NT and SA Ba kers Trust Company Sam Francisco, Calif. 94120 4) The First National Bank of Bo ton, Boston, Mass. 5) Morgan Guaranty Trust Co. of N.Y. Sa omon Brothers & Hutzler 23 Wall Street New York, N.Y. 10015 6) City National Bank & Trust Co. Katisas City, Missouri 7) Cotitinental Illinois National Batik and Trust Co. of Chicago; First National City Bank; The First Boston Corporation; Me lon National Bank and Trust Co ; Joint Mgrs., 231 South LaSalle St., Chicago, Ill. 60690 8) John Nuveen & Co., Inc. 61 Broadway New York City, N.Y. 10006 Int. Rate Premium 4.19% $ 50.00 4.27% 27.00 4.24% 1.00 4.29% 31.00 4.30% 33.00 4.33% None 4.47% None 4.46% 31.00