85-644 M�H17E - CITV CLERK
PINK - FINANCE C TY OF SAINT PAUL Council
CANARV - DEPARTMENT
BLUE - MAVOR File NO.
1
C uncil Resolution
Presented y ./
�
Referred To � n� � Committee: Date �'�
Out of Committee By Date
RESOLVED, that t e following securities
$200, 00 US reasury Notes 11.325% due 5-15-90
pledged a colla eral to protect deposits of public
funds of he Cit of Saint Paul with Commercial State
Bank of S int Pa 1, hereby is authorized, ratified,
and appro ed, su h having been done in conformance
with the pplica le statutes of the State of Minnesota.
C�JNCILMEN
Yeas onnen Na s Requested by Department of:
�Y� Y
Fi e a d M n gement Servic s -
Drew [p F8V0[
Masanz Treas 1S ri
Nicosia (�
Scheibel A gai n s t BY
Tedesco
Wilson
MAY 9 �98� Form Approv y it Att ney
Adopted by Council: Date
Certified P . •e Counc� ,e r a BY
BY � c
tilpprov 1�lavor: Date — �AY � `� 1985 App by ayor for Submiss' t � oun il
By B
Pt!�t_ s�ED .,;`:`,' �. '{ 1�85
FINANCE DE PARTMENT �`j—�jlf p
� N. 1629
GARY NO ST `COI�TRCT
7016 PHONE R , �;
� � DATE �Qj�� �
OFFiC� OF �HE DI, ECTOR
ASSIGN NUMBER FOR ROUTING 0 DER C i Al l Locations for Si nature :pEPA`�7MENT nF F ��A�vCE
� Department Di rector 3 Di rec'�� a���i �S
�ce and Management ervice Director 4 City Clerk ECEIVED
Budget Director
� City Attorney 10 1�
WHAT WILL BE ACHIEVED BY TA ING AC ION ON THE ATTACHED MATERIALS? (Purpose/
Rationa�e) : C� ATTORNEY
' The passage of the ttach d resolution approves the securities pl dged
by Commercial State Bank, to protect funds of the City of Saint P ul
while held in said ank . C�" v
�cf=;.� �•�-�
. -`I l( ( �5,�,�.---� A PR 1 � ��,/ r . . .
C05'T/BENEFIT, BUDGETARY AND PERSON EL IMPACTS ANTICIPATED: 8�
P�aYGR�s a f�c�
' MSA 118 requires co later 1 to protect public funds and sets out
procedure to be fol owed n the handling of said collateral inclu ing
the requirement of pprov 1 by the governing body.
FINANCING SOURCE AND BUDGET ACTIVI Y NUMBER CHARGED OR CREDItED: (Mayor's signa-
' ture not re-
'Total Amount of Transact on: on e quired if under
$10,00Q)
'Funding Source:
Activity Number:
ATTACHMENTS List and Numbe All A achments :
' 1 . Proposed Council esol tion
DEPARTMENT REVIEW CITY ATTORNEY REVIEW
Yes No Council Resol tion R uired? Resolution Required? es No
Yes No Insurance Req ired? Insurance Sufficient? es No
Yes No Insurance Att hed:
(S E REVE E SIDE FOR INSTRUCTIONS)
Revnsed 12/84
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f-.�:r: r.T--.,'•"\ �,_�� O �?��C�+� O�' 2'..� CIT�.'' C0�1 C T L •
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e•.:;'. . =as. -_:-•.� f�� . . -
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=�-'. '=-,� /�7� ' Date : May 2 , 198
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F�: � t�1I ' C C + r1 t l i '' Q i? FINANCE, MANAGEMENT & PERSONNE
� C�� •�' � J S SCHEIBEL -
1 _ Approv�l or inut s from me�tings he?d April 18 art� 25. 1 S5.
APPROVED �
2. Reso i ut'i on thor f z i ng a transfer of I ndepe�d2nt Sc�oo 1 D s�;i c�
#6Z5' s port i n ot= purchas s ng from tt�e C i ty's Deaar�..-rient o F i nancs
and M�na9em n� Se. vices _ (Finance) ApPROVED
3. Ordin�nc= a endin Ch���er 82 of the Adminis`�ative Cod� er�ain-
ing to purc. ase p oc��ures and city cont�acts. (Fin�nc�?
LAID OVER 1 WEEK
4. Re=_atution t�orov ng �30Q ,000 U. 5_ Tr-��sury Bilis �nd �5�7,0��
U_ _S_ Tre=_s ry Bi ls as collaterzl to protec� de�osiz� o� public
funds or trs City with Summit National B�nk_ (FinGnc�)
r APPROVED
��° .,;: � �� - ��t���� �.Y`����.k'��ry Nat�=_ ( I 1 .3 5:) as
�'�'��' r�'�"'+"� _.....'��?�"Y�`��;"i�C,a�CtS Oi th� C I y W 1�il
Commerciai ta-�e �nk or S�c. Paul (Finance?
APPROVED
6. Reso I ut i on uthor i z i ng a f i ve-ye�r- 1 ease �gre�ne�t L�et•�re n ttie
City and Co nty ploye�s Cre�it Union for sp�c� in th� ity
Hz11 Annex.
' APPR VED
7. Resolution utho izing an agr?a�nent wit`� W�shing�on C�un y wher�-
. by tt�e Cit ' s Pu lic He�lt:� Oivision will provi�e latior� ory ser-
vic°s . (C muni y Services) APPROVED
8_ Re=olution z�qro ing �300 ,�oQ IJ.S. Tre�sury Biils anc �50,OOa U.S.
Tr-e=sury Bills a c�il�t_Tal to protec� �eaosits or pu�lic �unds
� or the Cit� with 5�mmit Na��onal Bank_ (Financ°!
DUPLICATION OF I M �g
9. Re=olution ame�a ng Sec�ion 6.fl or the Civil Service R�l �s c��-
CS*'�1 i Rc� or 1 i nt rv i e��s re i ati ve to ttie Foad Serv i c� Oe ar=�ent.
(Personne� ApP OVED
10. Re=_olution es�.�elishing the t�tte and class spe^_iTic�tf n for Joo
Crea�c�on a d Training Program Menaqer in the Civil 5erv c� Ruies _
(Persannel
. APP OVED -
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