84-1726 WNITE - GTV CLERK
PINK - FINANCE G I TY O F SA I NT PA U L Council ,/ J�
CANARV - DEPARTMENT File NO. � " � /• � �
BLUE - MAVOR
�
Council Resolution
,
Presented y .
Referred To �)11/�L-C Committee: Date � °�"U�"��
Out of Committee By Date
RESOLVED, that the following securities,
$200,000 Federal Home Loan Banks 11.70% due 9/25/85
$200,000 Federal Home Loan Banks 12.25% due 9/25/86
$200,000 Federal Farm Credit Banks 13.20% due 1/20/87
$200,000 US Treasury Notes 11.375% due 8/15/86
pledged as collateral to protect deposits of public funds
of the City of Saint Paul with Capital Bank of Saint Paul,
hereby is authorized, ratified, and approved, such having
been done in conformance with the applicable statutes of
the State of Minnesota. �
COUIVCILMEIV Requested by Department of:
Yeas �on�F Nays �
Drew Finance and Mana ement Services
Masanz [n Favor
�N�aNr+
scne�be� � _ Against BY
TedesCo
Wilson
pEC 2 7 �8� Form proved b C' rn
Adopted by Council: Date �
Certified Pa• C uncil , r BY
tapp by Mavor: Date PEC Z g 1�u4 Approv by May r Eo ission to Council
.
By �; �:��--
PtJBLISNE�D �)A� � i985
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FINANCE EPRR':��lt
Sh3.rle�r Davi NiACT
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292-7038 ONE �� �
11/zl/84 DATE ��
(Routi ng �rt+d �p i urati c�t 5#�a�t)
. '1 : r r tin r Cl i R1 l #.aati ons far � i f ' :R�C
,.�.,..., �sra�+�t cn r�ctar E�VEQ
�"�Ci�j, qttorney �OIf �.� �
,� Girettar of i�ana4a�+t/Ma�►* _ R�rFi�/Ep � L+�j.� : -
,�,�/ �f� � ��t ser�t�s ��or ATTpR��,
..�,,4 , Ctty claric f�QV 2 � 1984
8ud�et Cirsetor ��` 'r� ��, ,, _;rOR
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� �tvCE
......,. . Afv� N,� .��_,-.,, ,,, ��RVICES'
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►,� 1' �i�vad b 'f � the A . s ;
,T}ie passage of the attached resolution approves the securites pledged
by Capitai Bank of Saint Paul to protect funds of the City of Saint Paul� while
held in said bank.
MSA 118 requires collateral to protect:public funds and. aets out a
proeedure•to be followed in the .handling of �said collatexal including the
requirement of approval by the governing body.
�i� t aad Pe 1 � 1�rtic� • RL�EIVEL�
NOV 2 'l 198�
Nor�E MAYOR'S OFfiCE
F f r � ' _` .
t�o�� .
{ ]t A : _
Proposed Council Resolution.
Q��A� R�1iIII�i C�'�'Y R'}"�f�t1�.rY _i�YIF�1
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(�st :A��trs�t Sit�s fc�r tt�sCrtt��tttms)
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;'�J 1 :I�iiw�IL77�� 1`,ti� � � . .
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�; `.� ` '�', /;/ �� � December 18, 1984
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� � � C hl A I R JAN�S SCHETBEL � .
COMAfITTEE-OF-THE-IVHOLE: Resolutior�transferr.ing funds for Recycling Unlimitec��
ItEGULAR AGENDA
1. Approval of minutes from meeting held Llecember 6, 1984.� �� ' � � .
2. Resolution amending the 1984 budget adc'�ing �5, 000 to the financing and spending
plan for PED Printing F, Graphics, (PLD) a�,�.� : .
3. Fesolution amending the Civil� Service Rules �concerning leaves of absence. (?�Ti�cosi ,
�. Resolution requesting the Mayor� to include leave of absence language in contract
negotiations occurring after the passa�e of this resolution. (N�cosi �� r �:
.
. ��
5. HRA resolution relative .tq a �roposal for a comme cial facilities development .
��� '��proj ect. (Unit�ed Hospital proj ect. ) (PED) : ���
' 6�. Resolution amendirig the 1984 buciget by �cldi.ng �48,60D=to—the financing--�an�l spenc?�rg
plan �for Special Projects-General ovt. for St.- Paul� Eonvention Bureaii=Promote
St. Paul. (Exec. Administration) . v. . �����
;.�-r �.:.._ - �
7. Ordinance pertaining to signing bonc?s and other obligations. (Finance ���� '�;:�
8. Resolution amending the 1954 �udget by adc1;ng �14,400 to t?�e �'inancing •and spenc�inC
plan for General fiund-Dep . o£ T'inan�ce Lj ti�C?1Tlt. Services; D�_visior. of Accounting
and Auditing. (Fin�nce) - �,
���. .
9. Resolution approving �800, 000 Federal !jome Loan Banks securities as collateral
to prote-t deposits of public func's of �.he City of St. Pa��l wi�h Shelard '�'ationl'
IIank of St. Paul. (Finance) �,���1�""x
s......:...-
10. Resolution approving $100, 000• U.S. Treasury Notes securi*_ies as collateral to
protect deposits of pub�ic func�s o the C:.ty of St. Paul w:�th '�Vestern State 3ank
� of St. Paul. (I'inance) � ���°
< =�:��5i�:�.�. _f
11. Resolution approving ��500, 000 C,'.S . '�reas��ry ?�'otes at 12.275 o and �250, 000 U.S.
Treasury Notes at 11.58% securities ,�s co'_�ateral to pro*ect deposits of .pu��ic f��n'�,c,1�
of the City of St.. Paul wi±h Commerc:ia'_ State I3ank of St. Paul. (l=inan �" � ;,��'�.,..�
1 Resolution approving securities as '�stecl as collatera' to protect deposits of �
public funds of the City of St. ?�au� W_Lt�l Capita� �3anlc of St. Paul. fFinance) � -�v
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. , _
13. P.esolution amending the 195� budget by tranx�=err�nc� $95, 000 from rm!aloyee Insurar.ce
to Exempt Assessments. (I=inance) �` �[7'1?�-_
f.� _..:_: __ --
14. Resolution amending the 1984 budget '�y �c'.c?�ng �50,600 to *_he financing and. spend_n�
plan for System and Building Construc'.:�on �Carc'. access con*ro�. � (Finance '�
CITY }-I�ILL S�V13N'rr.r T:t qpt� � , �, � .�, �•- � rc� ,
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