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84-770 WHITE - CITV CLERK PINK - FINANCE GITY OF SAINT PAITL Council CANARV - DEPARTMENT BLUE - MAVOR File NO. �_ ��O � Co�ncil Resolution Presented By � �✓Referred To Committee: Date � �' � Out of Committee By Date RESOLVED, that the following securities: $100,000.00 North Slope Borough Alaska Due 6/30/89 9.25% 100,000.00 Federal National Mortgage Association Due 11/10/88 11.70% 500,000.00 United States Treasury Notes Due 11/15/87 12.625% pledged as collateral to protect deposits of public funds of the City of Saint Paul with Minnesota State Bank, 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 F�etcher Nays � Drew riC and Mana ement erv'ces �� In Favor Nia.si�- �r� � Scheibel _ c� __ Against BY Tedesco Wilson Adopted by Council: Date JUN � L �q�r Form Appro d by City orne Certified • -sed by_ ou .' Sec `ary , BY . By t�ppr ve Mavor D e ��� � � � Approv y Mayoc fo �Council ` - V�c� By PUBLISHED �UN 2 3 1984 � ' ' � �y_�d . _--- ,� RECEIVED � . MAY 1 1 1984 F INANCE dR':i��J7 Shirley Davi NTA�7 C���VRN� - 2- aHoNE ,�•��•� �(% � _ Mey 8, 1984 DATE _ �Mr� . (Ratuti ng mnd �xp1 ahati di 5hse:� fi r far Ratz i n r C7 i Al t ocati ans far f� t Sf . ' Q�ar�nt Eff res�r : � ttt�' 1�ttorney �� �`� _ RECEIVED y, ,,.�.,,, Gf r�r .�f t�rnag��/t�yo�r /���� — ,� Fi� md. w�agee�t Sar�rtc�a t»rector � 'MAY Q 8 1984 � Cft'y C�l1'k , OFFICE OF THE DIRECTOR �� .81i�lt �1'lEtOi" DEPARTMENT OF FiiVANCE AND MANAGEMENT SERVICES � ,�...r.�.. .....�f�. ' �t.'1 � i b Taki A f �at tl� 1k '! � ' �. , e. passage o t e attached resolution approves the securities pledged by M:Lnnesota State Bank, to protect funds of the City of Saint Paul while. held ' in said bank. MSA 118 �equires collateral to protect public funds and sets out a procedure .� to be €ollowed in the handling of said collateral including the requir,ement of approval 1�y the governing body. � Fi. 3 �m� I J�nttcf . NONE. , R���,��p F � ACLf rt r ,. - - . MP� 14�ga4 . �or�. A � �' � ; ��``{0�'S�E�`C� _ . 1.Proposed Council Resolution. ' �'.w.....�.AR1"l�IT�.� C1'f1► l�'!"l�t�1► RE��ts��1. Yes �o Council ftasotutfost �u{reccf? Rresvl�titm �eeivfred? �„�,,,; Ye�s „�„�,,,, "� �,.�.�.. ....... , � Y�s ,_,_, �lo I�tsurince ibequfred? Inscrra�tC� Stt4Y�icfe�t?' ,,,�„�,,, Ye�a „�,,,,, 1� .._.,.�„ Y�s ..,,,,,,_ No I�nsur:nce �'t'�aclKd? � P�vf 5#tfn ef t?�ber, 1� � ' �:�! ft�vlt"i! S t� fttt" i eR4tx�t#o�ts} _ . . ... L , . � � � �'N�77a ; gznda � � Finance Committee bleeting June 7,,�.�•1984 . Page 2;= . � � 10. Resolution approving �"�125,000 City of Neenah, lVisc., $100,000 t�iiddlesex Co. , Mass. , and �50,000 ti9ashtinaw Co. , biich. securities as collateral to protect deposits of public funds with Fint National Bank of St. Paul. (Fi.nanc I1. Resolution approving �100,00Q Federal National I�iortgage Ilssn. (14.900) and � �100,000 Federal National riortgage Assn. (7.90) securities as collateral to protect deposits of public funds with iVesterrc State Bank. (Finance) . 12. Re.so]�fon �pprc>v3.ng �100,D00 North S1�►pa Borough Alaska, (9.2�), �10Q,000 Faclexal National l�tortgage Association( I1.7�) securities and �y500,000 United _ Stat+e3 Tr�easm� 1�►t+es (��•62.5�) as collateral to rotect deposits of public funds w�th Mznnesota State Bank. (Finance �'"' _ � 13. Resolutiori approving $115,000 Federal Farm CYedit Banks securities as co11�� to protect deposits of public funds with Commercial State Bank. (Finance� . . � ; 14. Resolution approving the 1984 hiaintenanc a or �lgreement between the City and the Plumbers Local No. 34. ( Personnel) . � 15. Resolution approving the 1984 I�laintenance Labor Agreement betiJeen the City and the Electricians Local 110_ ( Personnel) - � ' � - � ; 16_ Resolution approving the 1984 hfemorandum of Settler.;e�t bet�•reen the City and the Iron Z�lorkers Local Union No. 512. ( Personnel) ���' <.�.. � 17. Resolution amending Section 32 of the Civil Service Rules by substit uting new specifications for the ti les of Unskilled Laborer, Building Laborer and {Vater Laborer. (Personnel) 18. Resolution amending the 1981 CIB budget and transfex~r�ng �45,417,25 to Contingenc� .� Fund-iV}�ite Bear Avenue for the paving of White Bear Avenue fxom the C.N.,{�j. Rai,lroad � Bridge to Larpenteur Avenue. (Public �dork �:�''� � 19. Resolution amending CD:BIock Grant Years VII F, IX and transferring �84,000 from � Residential Street Paving to St. Albans storm seirer - street lighting_ �PED I ���` 20. Resolution approving the St.. Pau1 Historic Plaque Program as recommended by the ' Heritage Preservation Commi.ssion. (PED) r� ; ' i 21. Preliminary resolution for issuance of revenue bonds on 14orld Theater_ (PED)�'�t � � 22. Resolution approving a commission to be known as the " oti town Riverf ont Commissioz". � �-(�,�. � 23. Presentation by Gary Norstrem o _arking meter advertising. Y ` '' `� �...,,..�; �. � � � � . � � � _ � � . � ! ; � � . � + . _ _.... _ __. ...___ ----- - - --. ._. ;