278539 WHITE - CITY CLERK ��.�y -
PINK - FINANCE COUIICII ��g��/'
CANARY - DEPARTMENT G I TY O F SA I NT �A U L -�/i• �� �-� ��
BLUE - MAYOR File N O. ���
o cil Resolution �
, -
Presented By
Referred To Committee: Date
Out of Committee By Date
RESOLVED, That the following securities
$100,000 State of Connecticut G.O. , 4.50°�6, due 3/1/83
$150,000 Comnionwealth of Massachusetts G.O. Public
Housing, 6.40�, due 10/1/83
$150,000 Mobile, Alabama G.O. Master Drainage Sewer,
6.00°�, due 8/1/88
$100,000 Hawaii County, Hawaii Pub. Imp. Bonds, 5.10�,
due 2/1/89
$100,000 Maricopa County, Arizona, Mesa Ria USD #4,
5.40r/e, due 7/1/89
$100,000 Anchorage, Alaska Gen'1 Purpose, 5.25°�,
due 5/1/89
$150,000 Cook County, Illinois G.O. Bldg. Bonds,
5.60�6, due 11/1/90
pledged as collateral Co protect deposits of public funds of the City of
Saint Paul with First Grand Avenue State Bank, St. Paul, hereby is authorized,
ratified and approved, such having been done in conformance with the
applicable statutes of the State of Minnesota.
COUNC[LMEN Requested by Department of:
Yeas Nays
Hunt F and Mgmt. ervices - Treasury Division
Levine � In Favor
Maddox
McMahon B
snowalter - �' __ Against
Tedesco
Wilson g 1982
APR Form Approved C' A rney
Adopted by C ouncil: Date —
Certified .s�b�c� ecr BY
B � �
App by Mavor: D t R 8 �98Z App v d by M yo or u m ssion to Council
By — B
PUBLISHED APR 17 i982
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��{O� � G O i t'i'+'�'i t37 E'� O I"i FINANCE, MANAGE[��I' AND.PERSQNNEL . . . : - .
George McMa�on: ... ; ChUifti►ar19 fitikes 1`he fcl to.^ling . -
� � reporr on � �G.F: , . ❑ Ordincrtzce .
, . . . �. (6� � Rss�tv�ion .
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At its meetzng of April.l, 1982, the Finance Corruirittee recoirunended approval of
_ _.,._. --��.-following: . . � . : , � _ ..
.�
l. Resolution approving� issuance of revenue bonds by Port� Authority'for approxima�tely
$950,000 to finance acquisition and remodeling of existing Minnesota Envelope .
� facility for FastGrow �Incorporated expansion. (12824-C,�1) _ _. . . .
Z. Resolution approvimg �cc�llate.ral pledged by St.utunit Bank, St. �Paul, to p'ro�ect ; _
- � city funds held�.ih said �bank. .(12812-GM) - - . : • : .- . . • _
��. . ResAlution approving collateral pledged by_.First Grand-Avenue State Bank,� St. .Paul,
to protect �city� funds' held in said bank. � (12813-GM} . _ _ -
. 4. Resolution. approving-b�dget transfer to provide portion of city's contribution._
for implementation costs �of E911 System. (12814-C��� • - _ �
_ 5. Resolution approving a�reement between City, Schbol District and Randolph . � �
=�: .Heights School PTA for purchase and installation of playground equipment at �
�' � Randolph.Heights School. �(12825-(��) ' . - �� �
• . - �
' 6. Resolution authorizing city �to pay $7,000 to General Security•Services � _ -- �
Corporation in full settlement of their contract action against city. (1282b-C�'�
!-[TY ii�1LL SE�'E;�TH FJ.00:L S.�I�T P�LZ, Zti��ES'J'C1 SS1��
# ,� i ,
D.M 01: �Z��.��5' �`
- : ' , , R�:v:� 9/8�?� •
� . � Rev. : 5 j'�/$0
� '�Xp�,ANATION OF ADMINISTRATIVE ORDERS , :P,ev. : 4/30%8�. �
' � ' �'"� RESOLUTiONS AND ORDINANCES �
_ �, � �- p� �'��- 5�.;
, � ���� ,
� RECEIVED 1
� Date: March 10, 1982 .
, :
� . _ MAR 1 � �9�2
2 ,.
� . . ,
�� Ci�'Y ATTORNEY � . �
# TQ; Mayor George Lstimer �
I�EG�NED ,..
FROM: Gary B. Norstrem, Dept. o Fina�tee � Mgmt. Services � ..,.-.-.:.........- - ��
�' . MAR 1 51982 �
R�, COtTNCTL RBSOR,UTION APPRt�iti� CE)LLATERAL . -
` MAYORS OFFICE ;
� ACTION REQUESTED: . F
# The passage of the attached resolution approvas the securities pledged bq _
� Ffrat Grand Aveaue State Bank, 3t. Paul, to protect funda of the City of &sfnt y
� Psul while held in said B�nk. � ,
�
� PURPOSE AND RATIONALE FOR THIS IICTION: -
{
� MSA 118 requires collateral to pmtect pubiic funds snd sets out s proeedure
� to be �o1lo�ed in the handling of said collateral incl�ding the requfrea�nt
of approval b�r the goverAing body.
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ATTACHMENTS: ' ��:, �
._ - __ __.._ _ _ . _. � .S . , . . . . . . . . .
Froposed Council Reoo�:` ion. ,
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