279833 WHITE - CITV CLERK COUIICII (�Q
PINK - FINANCE G I TY O F SA I NT PA U L File NO. ��v�/�� __
CANARV - DEPARTMENT
BLUE - MAVOR
Council Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
RESOLVED, that the following securities:
$100,000 FNMA Disc. Notes 8.016% Due 3/17/83 �k321060
24,152.82 (�TMA ��3887 6% ]?ue 7/15/86 ��125790
44,435.54 GNMA �k6294 9% Due 7/15/90 ��126961
90,830.43 GNMA ��8123 8.25% Due 7/15/92 �k235731
25,000 Blaine, Mn. G.O. Bonds 5% Due 2/1/87 �k288869
50,000 Harrisburg, Pa. G.O. Bonds 7% Due 6/15/90 �k233692
50,000 Massachusetts Public Housing
G.O. Bonds 4.8% Due 6/1/84 ��114084
100,000 Comm. of Pennsylvania, G.O. Bonds
7% Due 5/15/92 �k235504
50,000 Plymouth, Mn. G.O. Ref.Bonds 5.6% Due 2/1/86 $225057
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.
COUNCILMEN
Yeas Nays /' Requested by Department of:
e� � / Fina and Management Services
Fietcher ' �� In Favor
asa z � 9 ��
co ia
Gallec �
S h bel Masanz _ � __ Against BY
Wi on
Nicosie
G les �heibei
Adopted by Co cil: �ate
FEB 9 01983 Form Approved Ci ttor ey
Wilswl
Certifie Passed C cil ecretary BY
�-
' ° � --� ►
Approv by ;Vlav � _��� �983 Appr ve by yor u m ion to C�ouncil
•� •r �y
By ' _�- —
�-� PUBLISHED FEB 19 1983
� �`. CITY OF` SAINT PAUL �'�9833
4
:...,.�.
OFFIC� OF THIC CITY COIINCIL
,- ,.:......,.�.
'�:�='�� D a t e ; February 3, 1983
��;��..�` - ����? �'�
----�--�.�.�;�
TO = SQint Paul City Council
F R O M = C o m m it t e e O h Finance, Management F, Personnel
,
C H A 1 R James Scheibel
1. Approval of minutes from meeting held January 27, 1983.
�tPfO"�� 2. Resolution enabling the Library Division to undertake a feasibility study
S'� of "Centralized Ready Reference Center for the Central Library."
p���'� 3. Resolution enabling the expenditure of grant money received for the
� b St. Paul P�blic Library.
A(fB'�b� 4. Resolution adopting additions to the 1983 budget frora funds which have been
�-� recieved.
���va
o� S. Resolution establishing the title of Bond Technician with class specification
and abolishing title of Bond Registrar and class specifica�ion.
/} 1�0!)d��Qy �'H'.'�+�4�
f�^0 6. Resolution certifying funds received from contributions and grants as
appropriation revenues in excess of those estimated in the 1983 budget.
Rf���p� Resolution approving securities pledged by Summit National Bank.
��,Q 8. Resolution authorizing acceptance of a $41,000 grant from the Northwest Area
Foundaition (to be used to promote arts in the Lowertown area.)
�}$�C'0� 9. Resolutions amending the voluntary leave without pay provisions in various
L"U bargaining contracts. ,
10. Discussion of the policy for City employee snow days.
�PP�o�a.�,ll. Discussion of the financing plan for Civic Center Parking Ramp and Auditorium
ks a«,cNd.l renovations.
S-�
CTI'Y HALL SEVEN'TH FLOOR SAINT PAUL,MINNESOTA 55102
�„
. i�.�. �' � �a - a 7s�
Finance DEPARTI•1 NT �
Shirley Davis -�ONTACT � ��9833
�038 �HONE ,��e�, e e .
January 20, 1983 DATE
(Routing and Explanation Sheet)
Assign Number for Routing Order �(Clip All Locations for Ma�yoral Signature): REC�'v�D
Department Director
� Ci ty Attorney �� �---�, JA N 2�� i983
��� �.�a , .
� irector of Management/Mayor��L ����J �����, � ;� ,�'°��
�i nance and Management Senvi ces �i rector '� �- .�83 CITY ATTORNEY
�� F.�: - ,� -.
4 City Clerk � '`'� = .",_�;.
Y`-`
Budget Director
What Will be Achieved by Taking�Action on the Attached Materials? (Purpose/Rationale):
The passage of the attached r�esolution 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 tio protect public funds and sets out a procedure
to be followed in the handlin�g of said collateral including the requirement
of approval bg the governing Ibody.
Financial , Budgetary and Personnel Impacts Anticipated:
NONE.
Funding Source and Fund Activity Number Charged or Credited:
NONT. �
Attachments (List and Number al�l Attachments) :
1. Proposed Council Resoluti:on.
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
(See Reverse Side for �Instructions)