87-401 WHITE - C�TV CLERK �
PINK �- FINANCE G I TY O F SA I NT PA;U L Council �^
BLUERV - MAVORTMENT y'� ��Q�
File N 0. ��
Council Resolut�on
. � �
Presented B
� � ��-
� Referred To � � Committee: Date �� � � �
Out of Committee By Date
WHEREAS, Merrill Lynch, Pierce Fenner and Smith, Inc. , One
Liberty Plaz , 165 Broadway, New York, Neiw York 10080 , has
notified the City of Saint Paul that bond;s sold by the City and
described as follows have been defaced:
Cit of Saint Paul, Minnesota Civic Center Bonds,
Ser es 1970B, dated August 1 , 1970 at 6� per
ann m, maturing on August 1 , 19�3 , numbered 76038
and 76042 with August 1 , 1986 ar�d SCA, @ $5 ,000
eac ; and ;
WHEREAS Pursuant to Minnesota Statu�te 475 .69 , the owner
of said obli ations has surrendered the bonds and they have been
cancelled. hey have requested the issuance of duplicate bonds
and coupons, and the City of Saint Paul �as been furnished a
surety bond indemnifying the City and their paying agents from
any loss in the matter; and
WHEREA , The paying agents of the G'ity have been put upon
notice of t e duplication of the origina;l bonds and coupons as
described a ove; now, therefore, be it ;
RESOLV D, That the Council of the Qity of Saint Paul does
hereby auth rize the issuance of duplicate bonds and coupons
correspondi g with the bonds and coupon� described above as to
number, dat , amount and unpaid coupons; and said bonds and
coupons sha 1 be marked "DiiPLICATE, " signed by the Director,
Department f Finance and Management Se�vices, and the date of
issue shown thereon, and the City Treasurer shall keep a record
of such duplicates showing the date of �ssue and the persons to
whom issue ; and be it
COU(VCILMEN R uested b De rtment of:
Yeas Nays � Y �
Drew
Nicosia [n Favor
Rettman
Scheibel i
Sonnen __ AgalllSt BY
Tedesco �
Wilson '
Form Approved by City tor y
Adopted by Council: D te �
Certified Passed by Council S cretary BY
gy, �
Approved by Vlavor: Date _ Approve by Mayoc or abmission to Council
BY - – — �
WHITE - CITV CLERK i
�INK - FINANCE G I TY O F SA I NT PA�'LT L F°1"nci1NO. �s �— ���
CANARV`- DEPAR?MENT
BLUE - MAVOR i
Council Resolut�on
Presented By ;
Referred To Committee: Date
Out of Committee By � Date
�
FURTHER ESOLVED, That these duplica'te bonds shall be
executed by e facsimile of the official seal of the City of
Saint Paul, nd signed by the facsimile s'ignature of the Mayor,
attested by he facsimile signature of th,e City Clerk and
countersigne manually by the Director, D�epartment of Finance
and Manageme t Services; and each of the 'interest coupons thereto
attached to e executed by the facsimile ��signatures of said
officers; an be it �
FURTHER RESOLVED, That any and all expense in issuing the
said duplica e bonds and coupons be assu�ed by the owner thereof
or his agent ;
;
�
�
COUNCILMEN RequesteH by Department of:
Yeas orew NaYs �
Nicosia Finan�e and Man gement Servic s
Rettman [n Favor .
9e�,s'v°I� � g !,� �
Sonnen _ A gel[lSt
$desev^
Wilson � ��p'I I
MIAR 2 �� °' Form Approved by City to y
Adopted by Council: Dat i �
Certified Yas o cil S ry BY
�
By �
Appr by Mavor: Dat _ � Approvec� Mayor for ' sion to Council
.-
_ B
PUQlISE9ED ;�r�Z��81 ;
..
Fina � " � nt rvices pEp TMENT `�""'"'"� ���/ N� OsrJ31
� rley Davis CON C? S� - -
292-7038 PHO
Ma ch 2, 1 ppT � , �� ��
ASSIGN NUhIBER FOR ROUTING 0 DER Cli Al Locations for St na ure :
Depart�nt Director ! 3 0 rector of Management/ yor
1 Finance and Management ervices Dire tor � C y Clerk �
Budget Director � �
� City Attorney
i
wHAT WILL BE ACH.IEVED 8Y TA ING ACTION THE ATTACHED TERI LS? (Purpase/
Rationale) :
This resolution gives he City T easurer the autho ity to reprint two $5,000
Civic Centex bonds- wh' h are def ced and have been surrendered to said office.
This action is author' zed under innesota Statute 475.69 .
OST BENEFIT BUDGETARY AN PERSONNEL I ACTS ANTICIPATE�,y� ' �
None.
A bond of Indemnity f r twice th amount �inc p� a d interest has been
posted by Merril.l Lyn h to inde ify the Ci �d i ,paying agents from loss.
i Sr,! � ,
" The cost of bond repr nting will� be pai�d by Me Lynch.
� �
;
,
:
1
1
FINANCING SOURCE AND BUDGf ACTIVITY N { ER CHARGED OR CREDI ED: (Mayor's signa-
; ture not re-
Total Amaunt of "Trans,a ion; quired if under
� � ;10,000)
Fundi� Source:
;
Activity Number: ; •
i �
ATTACHMENTS List and Num er Al1 Attac nts :
� RECElVED „�
1. Resolution. � � '� .
� AR �3 1�87
, � � QEN HE DIR��R
�
�j , � � 's�i�ic�es
pEPARTMENT REVIEW i CI ATTOR�VEY REVIEW
� Yes No Council Re lution Requ�red? , ' Re olution Required? Yes No
Yes No Insurance quired? In ur�nce Sufficient? Yes No
Yes No Insurance tached: +
�
" (SEE •REyERSE SIDE FOR INSTRUCTIO ) . �
Revised 12/84 �
1
� � ��f_-�y -�4 (
CITY OF SA.INT PA�TL
!�lii�i�:�� ` OFFICE OF TH� CITY COIIN(„`'IL
Committee Report
F:inance l�ana ement P rsonne� Co 'ttee.
.
MARCH 19, 1987 '
1. Approval of minut s from meeting held March 12, 19$7. approved
2. Resolution amend ng the Civil Service Rules concerning procedures for appealing
discharges, xedu tions or suspensions through the bfficial grievance proeedure - ;.
document (laid o er from March 5, 1987). with,'drawn �
3. Resolution� autho izing an agreement wit� Independe'nt School District No. 625
and the Econ Sch ol Advisory Council for the insta�llation of play equipment at
East Consolidate Elementary School. approved
4. Resolution amend ng the 1987 budget by adding a $1�5,000 grant of the Saint Paul
Foundation for t e continuation Qf the Human Ser'v�ces Initiative Program. -
a roved i
5._ Resolution amen ng the 1987 budget by adding �76�062 to tAe Financing Plan �
- - � � an�-to-��e--Spen ing Plan for Refugee Targeted Ass{Lst�nce Frogram. aA�rc�ved — -
7. Resolution amen ing the 1987 Capital Improvement ;Budget in the amount of
$500,000 for- th construction of a computer cente�r. approved _
8. Resolution tran ferring $60,014 from Contingent Reserve General to Finance
and Management ervices - Citywide Information Services. approved as amended
9. Resolution auth riz-i�g an agreement between the �ity of Saint Pau1 and 3ebco
Properties Inc. on behalf of Citywide Information Services for rental of
� space in the C erce Building. laid over indef.
C� ��- SEVENTfi FLOOR SAIN'T PAUL,MINNESOTA 55102
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