84-507 WMITE - CITV CLERK
PINK - FtNANCE G I TY OF SA I NT PAU L Council
CANARV - DEPARTMENT File NO. �� �D�
BLUE - MAVOR
�
C uncil Resolution
Presented By �'-� ,t,�C�/
Referred To ��/�'N C-L Committee: Date �—���
Out of Committee By Date
RESOLVED, that the following securities:
$100,000 Government National Mortgage Association Pool ��15029
8.00% due 12-15-2006
$200,000 Government National Mortgage Association Pool �k15783
8.00% due 1-15-2007
pledged as collateral to protect deposits of public funds of the City
of Saint Paul with Summit State Bank of Phalen Park, hereby is
authorized, ratified and approved, such having been done in conformance
with the applicable statutes of the State of Minnesota.
COUIVCILMEN Requested by Department of:
Yeas Fletcher Nays
Drew Finance and Mana ement Services
Masanz
[n Favor
Nicosia
scheibe� __ Against BY
Tedesco Gary R. Norstrem, Acting Director
Wilson
APR 19 198�+ Form Approved b ity t orne
Adopted by Council: Date
Certified Pas e b ouncil Sec ry BY
B p
�#ppro IVlavor: Date 2 � ,�o� Ap ved by May f Su is ion t�p Council
/"'�3y
PUBLISNED AFR 2 8 1984:
- � �� ��s-o7
. .. . .
F inance EPARTi•iENT
Shirley Davis QHTACT .
292-7038 hlONE � ��
March 21, 1984 DATE ���
(Routing and Expla�ation Si�eet)
Assi Number far Routfrt Orc#er Cli All locations for M orai Si ature : :
Depar�taient. Di re�tor MAR 2 2 19�
� Ctt,y Attor�y RECE CI
���,o,, IV�� TY AT�����d�Y
� Fi nance and ►Nanagement s Di rector MAR 2 �S i984
�c City C1ark fti�AYCt�'S OFFICE
_,__ Bud�t Df retts�r :
_.._.,. _
.._�.._
�ihat Wiii be Achieved b iakin A�tis�n on the Attached h�teriais? Pu ose Rationa7e :
The passage of the attached resolution approves the securities pledged by
Summit State Bank of Phalen Park to protect funds of the City of St. Paul
while held in said bank.
NiSA 118 requires collateral to protect public funds and sets out a procedure
to be fol�owed in .the handling of said collateral including the requirement
of approval by the governing body.
Financial , Budaetary and Renannel In�acts Anticipated: , _
NONE.
Fundinc�„Sourr.� and Fund Activitv Nwnber Char�d or Credited: _
NONE. _
Attachments (list and �tua�ber all �►tt.ac.tmients): �
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1. Proposed Council Resolution.
DEPARTMENT REVIE1�t CITY ATTORNEY REVIE�rt
Yes No Council Resolution R�quir�ed? Resolution Reguired? Yes No
�, Yes No Insurante Required? Insurance Suffictent? Yes No
Yes No Insurance Attached?
Revision of October, 1982
(See Reverse Side for Instruct�aRS)
��, �{'� � CITX OF SAIN�r P.�.vr. � �-s��
�� �� � � �
r' OI�'FICIE OF TFII�: CITY COII\CIL
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.. •r' � •�� —`' 1 DOt@ ; �Tll 12� I984
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��� COMMtTTEE � RE PORT :?
TO = �a�nt Pau1 City Couhcil - •_ -
F R O M = C O nI(i'1!r t@@ O h FINANCE, D9ANAGEMENT �, PERSONNEL
C H A I R James Scheibel �
� 1. Approval of minutes from meeting held April 5, 1984:�g.1'� ! .
2. Resolution approving submissiS of the CD gloc Grant Year Xap Iication to HUD. �
i�155Ei� W Ti�vt" �F�MWAA�:'3'O•.: LoONeat..-�Yt-AGta�►•� : ,
- _._.._�_ ....._.. _,...�,,.u......�_._._.___._.... ..._....._--.�,��.,.....�...��.;--��.-�._�--.--.. � .
3. Resolution approving $100,000 U.S. T-Notes as collateial to protect deposits of public
• funds with Summit National Bank. /�c�PRCVfi,D ' � ' �
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.-.ArPPROVLO'
�5. Resolution approving $400,000 U.S. 'lYeasury Notes 9.875 as collateral to protect -
� deposits of public funds wit'�i Western State Bank.�'�RAV`'t.� ' -
�r 6./ Resolution appxnving $100,000 and $200,000 Govt. National Mortgage Assn. Pool notev�
�•� to protect deposits of public funds with Summit State Bank of Phalen Park. �'� '
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 �,Qpy
Railroad (�483,500); Payne Ave. Bridge-ROW ($190,000); Robert St. Viaduct ($350,000).
. 8. Ordinance amending Chapter 370 of the Legislative Code pertaining to the employment
� of apprentices in the bui.Iding trades � requiring registration with the City.�tiJ OV�Q
. • 1 W�t.IC.
9. Resolution approving Collective Bargaining Agreement between ISD #625 and the rimerican
Federation of State, Co. , and Municipal Employees, ' Local Union #844. PcQpR�UEt�~'
10. Resolution•approving Collective Bargaining Agreement between ISD #625 and the Aaerican
Federal of State, Co. , and Municipal Employees, Local Union #1842. }�Qf�Rdt�p -�
11. Resolution amending Section I � 1, subsection (i) of the Salary Plan � Rates of Compen-
sation Resolution by substituting a new section (i) so as to revise salary increases
through Step I. �Ai D :�:OV�_. �:: Ptf'R�l. al.a 19g��.
12. Resolution amend�.ng Section 3.B of the Civil Service Rules by placing as asterisk before
the titles Police•Communications Clerk in Grade 14 and Messenger in Grade 17 and
striking theix Specifications from Section 32. C.PRp pufjQ.:,��=pti{�il a.6� 1�{�t�.
N�T ON�,QUMQto A6ta1a1: � - �
13. Resolution establishing the title of Telecommunicator in Grade 16 E of Section 3.B �
of the Civil Service Rules. �.J°110 OVE,Iq 'iD A(PRIL �(,� �q$t�. , -
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CITY HALL SEYENTH FLOOR
SAINT PAUL, hllI`NESOTA 55102
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