84-769 WHITE - CITV CLERK
PINK - FINANCE G I TY O F SA I NT PA U L Council (//� G
CANARV - DEPARTMENT File NO. u� /� •
BLUE - MAVOR
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Council Resolution
Presented By �
//Referred To Committee: Date � �
Out of Committee By Date
RI'sSOLVED, that the following securities:
$100,000.00 Federal National Mortgage Assn.
Due 12/10/85 14.90%
100,000.00 Federal National Mortgage Assn.
Due 10/10/85 7.90%
pledged as collateral to protect deposits of public funds of the City of Saint
Paul with Western State Bank, hereby is authorized, ratified and approved,
such having been done in conformance with the applicable statutes of the
State of Minnesota.
COUNCILMEN Requested by Department of:
Yeas Fletcher Nays
Drew F' nc and Management Servic s
�r, [n Favor
�°°� � r��-
scne�be� � _ Against BY
TedesCo
Wilson
Adopted by Council: Date JUN 1 � 198�4 Form Approv by City At rney
Certifie �ssed b o il S retary BY
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gy, 2, �/'�� /
Approv by Nla oa JUN 14 1984 App ve/ Mayor for Su iss o �Council
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P�IBLIS�-i�� .I11(� 2� �. 1���,
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Fn�xcE �-c.�r MAY 1 1 1984
Shi le ACT .
29z-�o3s , TTORN�Y
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Ma 19 4 DAT�
(Rauti�g and Explan�tion She�st)
i r r 4a r i Al7 Locations fnr h� 1 f :
,� t�rt�tt Qi ne�tor
:°;�,.. Ctty Attorney G� �`�
3 Of reetior of M�syeeesrt/hlayvr �`�l`
� -� RFCFIV�p �
� Fttu�ae �ad M,nag�et Senc#r$s Ci rsctor �'
� ,.�.., c��r cj.� MAY 0 8 1984
$� t3irsct�ar OFFICE OF THE DiuEC7�q
'...""' . DEPARTMENT
--M-- �� MAN 4F Fr�q n�� F
AGEIYEN i SE;�kICES '
„�..�,*.
' !�'T t' Tak�i i ta� A � � :
The passage of the attached resolution approves the securities pledged by �
Western State Bank, to protect funds ;of the Ci�y of Saint Paul while held '
� in said banic.
MSA 118 requires collateral to protect public funds and sets ,out a procedure
to be followed in the handling of said collateral including the requirement
o.f approval b� the governing body.
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, ' . ��''� RS 4FF���� �
Nort�. �q,��
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1. Proposed Council Resolution.
t�Alt'�t1'� it,�Y1E'i�! CITY R�F�1F-itEY_,�s„E1�1_
�, Yes „�„� Yo Coca�cil ii�salu�ior� Requirad? Resotutian R�qulred? „�„w„ Yes ,,,,,�„ �o
�,,, Yes ,;,,,,�„ Ho I��ranca f�q�si rad? i�esnranca Suf�i ci�ttt? ,,,�,,,,,,, Y�s _,,,�,�,,,, tto
....... '� _,._„ 1�10 Ittsw�rtce A'tt�C�ted."
' �. i�evi sion c3f Oct�ber, 1$�
(�ee Rt�r�se Sf� � It�str��C'#�s)
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, � � � � d��y- 71�5 �
L • '
�enda �.
finance Committee bieeting
June 7,,•.��1984 �
Page 2�= . .
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10_ Resolution appraving "�125,000 City of Neenah, lVisc., �100,000 t�liddlesex Co. ,
Mass. , and �50,000 LVashtinaw Co. , blich. secuxities as collateral to protect
deposits of public funds with First National Bank of S�. Paul. (Financ
I1. Reso].utio� approving �IffO,flftB Fede�.Y Natiaaal �ga�. �t�. (,14.9p;� and �
�30D,000 Federai Nationa; Mortgage Assn. (?.9�) se�uci�ies as coliateral to
ps�tect deposits of public funds with {Vestern State Bank. (Finance) .
12. Resolution approving $100,000 North Slope Borough Alaska, (9.20), $100,000
Federal National biortgage Association ( I1.7 0) securities and �SflO,000 United .
States Treasury Notes (12.525%) as collateral to xotect deposits of public
funds �vifih Nlinnesota State Bank. (Finance� � _
13. Resolutiori approving �I15,000 Federal Farm Credit Banks securities as coll
� to protect deposits of public funds with Commercial State Bank. (Finance�� � ":�
14. Resolution approving the 1984 Nia3ntenanc a or �l reement between the City and �
the Plumbers Local No. 34. ( Personnel) � y i
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15. Resolution approving the 1984 hfaintenance Labor Agreement beti�eert the City and �
the Electricians Local 110. ( Personnel) - ' - `
16_ Resolution approving the 1984 l�iemorandum of Settler�e � bets•reen the City and thz '
Iron ti�lorkers Local Union No. 512. ( Personnel) , "�'' �
17. Resolution amending Section 32 of the Civil Service Rules by substituting new
specifications for the ti •Ies of Unskilled Laborer, Building Laborer and 1Vater
Laborer. (Pexsonnel) ��'
18. Resolution amending the 1981 CIB budget and transfeac~r�,ng $45,417.25 to Contingenc�
.� Fund-lVi�ite Bear Avenue for the paving of �t�hite Bear Avenue fxom the C_I�:i1I. Rai.lro�d �
Bridge to Larpenteur Avenue. (Public '�ti'ork = � `
._� ,�
19. Resolution amending CD:Block Grant Years VIT �, IX and transferring �84,000 from
Residential Street Paving to St. Albans storm se�rer - street lightin g_ �PED
20. Resolution approving the St. Pau1 Historic Plaque Program as recommended by the ,
Heritage Preservation Commission. (PED) � , ��
F
21. Preliminary resolution for issuance of revenue bonds on �'lorZd Theater. (PED)�`'�`
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22. Resolution approving a commission to be known as the " oti toi�n River£ •ont Commission". r
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23. Presentation by Gary Norstrem o arking meter advertising. ..��
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