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. . ' r �V'�'� �Ll,Y1Gl I 1 � 1114W�Q,.S <br /> January 20, 1993 <br /> 51,470,000 Ciry of Everett Limited Taz Levy General Obligation Bonds, 1993. <br /> The bids are as follows: <br /> Prudential Securities 5.47796 <br /> Lehman Brothers 5.50546 <br /> Dain Bosworth, Inc. 5.59296 <br /> L►, S. Bank of Washington 5.625% <br /> Seattlo-First Nadonal 5.�� <br /> Merrill Lynch & Co. 5'662� <br /> Piper Jaffray Inc• 5.68296 <br /> Mr. Tyler recommended that the City accept the Prudential Securities' bid at a <br /> ttue interest cost of 5.477%. <br /> $Ip AWARD <br /> Moved by Gipson,_seconded by Couocilmao Campbell to accept the bid of <br /> Prudential Securihes for t6e Limited Tax I.evp General Obligation Bonds, <br /> 1993 at a true interest cost o[5.477�0. <br /> Roll was called with all councilmen voting yes except President Diamond who <br /> was excused. <br /> Motion carried. <br /> vttcx'� AMATION <br /> Councilman Gi�son iniroduced a prcelamation recogniz��B!Ulen Hemmatt for <br /> his investment m the revitalization of the downtown area with the opening of his <br /> "Club Broadway" <br /> ��,rrNrn nii.1 9301-04 <br /> �_ <br /> ��;T RFpDING: <br /> pIV pRDINANCE closing the "Kasch Pazk Construction" Fund No. 316 <br /> as established by Ordinance No. 1450-88. <br /> �` -2.�, <br />