HomeMy WebLinkAboutA009 - Report of BidsCITY OF AMES, IOWA
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General Obligation Cor 1 Purpose Bonds.,
Series 111
June 27, 2000
13
TO: Ames City Council Members and Administration
FROM: David Dirks
EvENsEN DODGE, INC.
SUBJECT: $5,870,000 GO Corporate Purpose Bonds, Series 2000
Today, June 27, 2000, the sealed bids tabulated below were received, opened
and reviewed. The bids reflect and are indicative of the current conditions in
the tax-exempt market.
ADDRESS $ NIC
Harris Trust & Savings Bank Chicago, IL 2,095,223.21
Griffin, Kubik, Stephens Chicago, IL 2,096,299.02
& 1110111I)SO11, Inc.
Salomon Smith Barney Chicago, IL 2,108,318.02
U.S. Bancorp -Piper Jaffnay Minneapolis, MN 2,108,686-72
SunTrust Equitable Seenrities Atlanta, GA Sf5 2,113,716-17
UMB Bank, N.A. Kansas City, MO 2,147,908-33
WE RECOMMEND AWARD TO:
FA'l . L j I,'
IN
(%) TIR
5.1236%
5.1269%
5.1591%
5.1603%
5.1771%
5.2583%
Thank you for the opportunity to be of service to the City ofAines, Iowa. We
are available to answer any questions you may have on this or any other
issue in the future.
100 Court Avenue, Suite 215
Des Moines, IA 50309
515/282-6138
FAX 515/292-0252
W: TormVesultsU rks