Letter on Bids Received for Civic Center Bonds_10.21.1976,--a
Pau 1, D. SI>17F-x
PAUL D, SPEER,PRe SIOEUT
ELWOOD BARCE
RONALD V. NORENE
THOMAS E.COUGHLAN
JOHN W-ILLYES.JR_
PAUL D-(PETE) SPEER,!R-
LAWRENCE J. RIMMER
WATERLOO, IO WA 50703
I3191235-]B69
THEODORE B-KUN7
BflOOKFICL0. W15. 53005
'I IA) JaS"O50
The Honorable Mayor
and City Council
City Hall
Dubuque, Iowa 52001
MUNICIPAL FINANCE CONSULTANTS
AREA 312 FINANCIAL 6-0656
October 21, 1976
Gentlemen:
Bids were received today covering $3,700,000 City of Dubuque,
Iowa, Civic Center Bonds. There were
bids received which are
listed at the bottom of this letter in accordance with the attached
signed bids. There were
oral bids.
Upon examination, it is our opinion that thesbid of
best bid re-
ceived, and it is further our opinion that it is favorable to the City
and should be accepted. We therefore recommend that the b9nds andbatawarded
the
to that bidder at a net interest rate of
premium and interest coupons as specified in said bid. Net Interest
Rate
Account Managers
ho
Bache Halsey Stuart, Inc. and Associates ...
Carleton D. Beh Co. and—Mercanti-le--Trust Company; N.A. ....� __J lC C
4� $1Sq Continental Illinois National Bank and Trust 7 %
Company of Chicago and Assouates,....•;::;-•'i•-•;t,-.
tt....... o
00440 First National Bank of Chicago;and Associates ..... ".. %
q.gS8zHarris Trust and Savings Bank and Associates %
'%1�9374he Northern Trust Company and Associates �—
John Nuveen & Co., Inc. and Associates —%
tj7$United California Bank
...............
Rospectfully submitted,
PAUL D. SPEER & Associates, Inc.
President
PDS:mk