278594 WHITE - CITY CLERK .��l�l,�
PINK - FINANCE COUflCll vi�
CANARY - DEPARTMENT G I T Y O F S A I N T P�U L
BLUE - MAYOR File N O.
Council Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
RESOLVED, That the following securities
$150,000 U. S. Treasury Notes, 16.00�, due November 15, 1984
pledged as collateral to protect deposits of public funds of the City
of Saint Paul with Guaranty 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.
COUNCILMEN
Yeas Nays Requestgd by Department of:
Hunt � Finance d M mt. Se vices - Treasur Division
Levine In Favor
Maddox
McMahon � B
snowa�ter __ Against Y
Tedesco
�Ison
APR 2 01982 Form Approv by City ttorney
Adopted by Council: Date —
Certified Ya _ d� Council ret BY
Ap b 14avor: D e � APR 2 � J9� App d by yor for S i ion o Council
By - BY
�UBLISHEU MAY 1 1982
_ _.: Li l'1' X �.�+' ►�.e L� _1"_L" .i.t�U L
'" �ri , �'785g4
�:,:%�r • `•;. o:FFZeL o� z�l: cc�r r co��c=_x.
i ''';., t_�;;.=�\�y`.', . . ' .
.i";; .,. ` _-�'.�7�'�� . . .
:;�\ �`J�� Da t e . April 15, 1982
,`i'�� ���
C � f�d� �i� 1 1 T� � f� � �' 0 � t
. . --.- -
? O : Sain�T Paul Gi�y Counc�l -� "-: '
'���!� � C O�i'{iTi i 37'E A O Il �INANCE, Ml�NAGD�IF,NT AND PERSONNEL ,. . .. _-
Joanne Showaiter ,Actirig choirman, makes the fni lo�rling . � -
. repart un � �C.F. . __ � [� Ordinance . . .
, � (6) [� Resolu�ion � _ .
- " ' . . . � � . - � O;h er' . ' .- '
� �-rL� : . . _ . .
At its meeting of Apri� 15, 1982, the Finance Comm�ttee recorrm►ended approval of
------- _ �.�.�o1l�ting: - � :-- - . -• -
1. Resolution approving. supplernental funding for Reserv� Street (Warner Road) -
eastbound bridge reconstruction.. (12844-(�I) . . .
2. Resolution amer�ding 1981 Capital Improvement Budgef_ to proyide furids for � .
remodeling of two fi�e stations. (128�9-McM) � � • � :
3. Resolution 'arriending 1982�.Debt Service Budget. (12843=McM) • • ' . �-
4. Resolution approving collateral p�edged by Minnesota State Barik,� St. Paul, � . �
to�protect city .funds held in .said bank. (12849-McM) ' . -
5. Resolution approving colla�eral pledged by Sturunit National Bank, St. Paul, to :
protect city fi.mds held in �said bank. (12850-T4c1� " _ . �
� tate Bank St. Paul to
6. Resolution approving �ollateral pledged by Guaranty S , ,
� protect city funds held in said bank.• (12851-McM) - ' �"
!'tT'i iL1i.L SEVE:ITH FL002 S.�I�T Pr�'.FL, 1fi1\F'S'�T�i S�1Q:
�M .� . •
_ , _ _.
. ����� . OM �?1: 12/�975 � :�
� . ' Reu. : 9f8/'76 ;� _
� k Rev. : 5/'I/80 i
E�1�LANATION OF ADMI�TIST�tATI'V� flRDER�, P.ev. : 4/30/$1 F:
s'2E,SOLUTIONS 'AND ORDI1+�.�r3CES '
, f, /11 w �C A`�'�1" �1`_
: ������ '=
�
� �
_ MAR,�g�� �.
' Date: Msrch 26:� 1982
� MAYQ�p�Fl� . ���:
. .. � . .. . � . . . . . . � �iy'>
� .. � � .. . � � . . . . . . � � � . . ' � . 7 .
TO: Mayor George Lati�er t ,� ;
. . . �
�- ,:. , ._:' ,,�. ,.
FRQM: Gary R. N�rstre�, Aept. of Finance 6� 34�ert. Serv�.ces '� : :�
. ., ,.
g�, CflUNCTt, RES�.UTION APPROVING COLLATE�L � :
. ,, �
ACTIQN REQUESTED: �
• ,
� � �� ;
- s
. The passage of t�t sttsched �solutfon apprave8 the securities piedg�d b�r.; ' � y.:
Gct�ranty State �edc, St. Pau�, to protect fu�s of �ta,e"City of 3aiat Pau1 ?
whfle held ia said Bank. _
PURPOSE AND RATIONALE �FOR THIS ACTION: � � � "
. �.-. : :..
MS�► li8 requires collateral to protect public �f�a►ds a�+cl sets out a `
pracedurs �a ba fallowed in Che handling of sarid'collateral including �
the `��quiremeat �f-approval by the governing body, .
: �
' ,. ' - . :�
� . � .
. �
�:�.
: _� ,;. ,,
. � � . t
, , . . . ` . .. .. - 4 s��.
" � � � : . � � . . , � . ' � . . . ��
. . . .. � . . . . . y'_ '
`�� . �. +_ . . . . , . ..� . .. .. fi ..�
, FI?�TANC�Z�iL II�7PACT:
� � R
poae.: �
����/�► t
. . O°'��cF�26 �
. . � -:
. � '�Rr °'�r �� ` �
� .. . . � :
H
' 'Y
Fi�,T F�� ,
. MFNj'�,F���bg� � a
. � �� .
. �� t .
��:'
�
�.: ':a
�,�r�+�c��rs:. ;
;
P�c�posed> Co�n��l Beeol�tio�. , , . s.
. _ ,
, 's