84-504 WHITE - CI7V CLERK /
PINK - FINANCE COIIIICIl /��_��j��
CANARV - DEPARTMENT C I TY OF SA I NT PAU L ^ (/
BLUE - MAVOR File NO.
, L<
ou cil Resolution
Presented By �
✓ Referred To L�-= Committee: Date ' �
Out of Committee By Date
RESOLVED, that the following securities:
$100,000 U.S. T-Notes 10.875% due 2-15-87
pledged as collateral to protect deposits of public funds of the City of
Saint Paul with Summit National Bank, hereby is authorized, ratified and
approved, such having been done in conformance with the applicable statutes
of the State of Minnesota.
COUNC[LMEN Requested by Department of:
Yeas Fietcner Nays Fina e and Management Services
o`e'"' .�_ (n Favor
Masanz
Nicosia
Scheibel d __ Against BY
Tedesco
Wilson
APR 19 1984 Form Approv by City Att n y
Adopted by Council: Date
Certified P•. - Counci cr BY
y 1
t�pp o �Vlavor: Date 2 � 19Q`� Appr y Mayor for S i sionlo Council
�y _ 8
PUBUSHED APR 2 8 1984
,..
� �F �y Sa�
Ei,nance & Mana a EPARfi(•tENT `"� R��'�'!t;,4
Shirley Davis �� °��
ONTACT M�`� �)
7038 HONE 1 �� J�.
March 6 198 / V�� �� � - „
, DATE � � ..,
(Routing and Explanation Sheet) �� �1���'���'Y
Assi� Ndmber for Routing Order (Clip All Locations for Mayoral Si9nature)R�CFIVED
Department Di rector RECEIVED MAR -6 1984 �
Cit Attorne �
-�— y y , MAR 1 3198� OFFICE OF THE DIRECTOR
�E��vu IDfA ME�'�'OF FRVANCE
,� Finance and Management ices irector
MAYOR'S OFFlCE NAG MENT SERVICES
MAR - 6 1984
4 City Clerk OFFICE OF THE DIRECTOR
Budget Di rector DEPARTMENT OF FMANCE
AND MANAGEI�iENT SERVICES
�ihat Wi11 be Achieved by Taking Action on the Attached Materials? (Purpose/Rationale):
The passage of the attached resolution approves the securities pledged by
Summit National Bank to protect funds of the City of St. Paul while held in
said bank.
MSA 118 requires collateral to protect public funds and sets out a procedure
to be followed in the handling of said colla teral including the requirement
of approval by the governing body.
Financial , Budgetary and Personnel Impacts Anticipated:
NONE.
Funding Source and Fund Activity Number Charged or Credited:
NONE. �
Attachments (List and Number all Attachments):
1. Proposed Council Resolution.
DEPARTMENT REVIEW CITY ATTORNEY REVIEW
Yes No Council: Resolution Required? Resolution Required? Yes No
Yes No Insurance Required? Insurance Sufficient? Yes No
Yes No Insurance Attached? .
Revision of October, 1982
(�ee Reverse Side for 'Instructions)
,+��~ .�.-�, CITY OF SAIN�r P�.UI, �� �' b'��S�y
�` _ �� �`% � O�`P'ICI� OF TFIIC CITY COIII�CI�
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.��•,,...,��_,:; f� / D a t e • pP 1 , .
" •r � •=� J • rll 12 1984
. /
� , ~�.. � ' , •
� COMM �TTEE RE PORT �
TO = Sa�nt Pau t City Cou�rc�l � •_ -
F� � M � C o m m i r t e e O Cl FINANCE, D9ANAGEMENT F� PERSONNEL
C H A I R James Scheibel �
� 1. Approval of minutes from meeting held April 5, 1984:�R0_V�7 !
2. Resolution a roving submissi of the CD Bloc Grant Year X Iication to HUD.
�ss� wmiov� �MwAA�.�:-: co�uy�.-.��wc�o+�,� - .•
. _._ __ .._..�_.,.,_, ,, -
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3. Resolution approving $100,000 U.S. T-Notes as collate'ral to protect deposits of public
funds with Swnmit IVational Bank. I�cPP�Vfi.O ' '
4. Resolution approving $26p,000 San Francisco, CA Bay Area GO bonds as collateral to
� protect deposits of public funds with the American National Bank. _qcPPRo�=.D� _
�S. Resolution approving $4b0,D00 U.S. Treasury Notes 9.875 as collateral to protect
� deposits of public funds wit'� Western State Bank.�RAV',cA ' -
6. Resolution approving $100,000 .and $200,000 Govt. National Mortgage Assn. Pool notes
to protect deposits of public funds with Summit State Bank of Phalen Park. �D�F.� '
7. Resolution amending the 1980 thru 1983 Capital Improvement Budgets and transferring
$1,023,500 from projects as listed to Como Ave. Bridge over the Burlington Northern �Qp�
Railroad (�483,500); Payne Ave. Bridge-ROW ($190,000); Robert St. Viaduct ($350,000).
. 8. Ordinance amending Chapter 370 of the Legislative Code pertaining to the e�Ioyment
� of apprentices in the building trades �, requiring registration with the City.,�ni3 OVW�Q�.
9. Resolution approving Collective Bargaining Agreement between ISD #625 and the American
Federation of State, Co. , and Municipal Employees, � Local Union #844. �QRDUF.t�~
10. Resolution•approving Collective Bargaining Agreement between ISD #625 and the American
Federal of State, Co., and Municipal Employees, Local Union #1842. �PIQOtfiC.p -�
11. Resolution amending Section I � 1, subsection (i) of the Salazy Plan � Rates of Compen-
sation Resolution by substituting a new section (i) so as to revise salary increases
through Step I. �1 D -:OV�;_. �: �Rll. : �L 19g��.
,_ �,>.a-;� ,-:.,;-_...�...�...- __-a-�-� . , -
12. Resolution amend�ng Section 3.B of the Civil Service Rules by placing as asterisk before
the titles Police•Communications Clerk in Grade 14 and Messenger in Grade 17 and
striking theix specifications from Section 32. (,,Pnp pufJQ: 'ZU.'.Pt�IRil a6� Ig$tf.
N�T eN rRfA+aco A��: � '
13. Resolution establishing the title of Telecommunicator in Grade 16 E of Section 3.B
of the Civi 1 Serv3 ce Rules. �J°11Q OVF.Ie , 'TO: A(PR�L ZL! ,qgt} , -
4
CI'IY HALL SgV�TiTH FLOOR
SAINT PAUL, 1�iIi`NFSOTA SS102
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