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278885
WNITE - CITY CLERK �y^^�� PINK - FINANCE TT COUIICII ��� »t~� CANARY - DEPARTMENT G I T Y O F A I N T �� ll L ��Vv BLUE - MAYOR File N . Counci �Resolution Presented By -�-��:� ° Referred To Committee: Date Out of Committee By Date RESOLVED, That the foll wing securities $500,000 Federa Farm Credit Bank, 10.95%, due Oc ober 20, 1982 pledged as collateral to protect eposits of public funds of the City of Saint Paul with American Natio al Bank, St. Paul, hereby is suthorized, ratified and approved, such havin been done in conformance with the applicable statutes of the State f Minnesota. COUIVCILMEIV Requested by Department of: Yeas Nays H Financ and Mgmt. Services - Trea ury Division L e In Favor dox � � c ahon � __ Against B h alter - - Ted co Wilson JUN 2 4 �gg� Fo� Approve by ity torney Adopted by Council: Date — � Certified as Co .il , t BY ' gy, Approved YI r: Date ' App by Mayor fo b sion t Council C� sy _ B PU6lt5H�D JUL 31982 - . DEPARTMEiVT:F�nance � M mt. Services � RO�ITING Ayn IXPLAN 7ION SHEET CONTACT: Gary Norstrem (GREEN SH ET) PHONE: 7016 �� �VW� For Administrative Orders, Resoluti ns, Ordiaances and Agreements R EC EIVED ROUTING ORDER - ROUTE BY ASSIGNED NUMBER: . � MAY 1 g 1gg2 DIRECTOR OF MANAGEMENT CITY ATTOR�� 3 MAYOR DEPARTMENT DIRECTOR 1 DIREC70R, FINANCE & M�T� S�r��Ej��� Z CITY�ATTORNEY . 4 CITY CLERK MAY 2 0 9982 3UDGcT DIRECTOR _ MAYORS OFFICE F � The passage of the attached resolut on approves the securities pledged by American National Bank, St. Paul, t protect funda of the City of Saint Paul while held in said Bank. � ?• MSA 118 requires collateral to prot ct public funds and sets out a procedure to be followed in the handling of s id collateral including the requirement of approval by the governing body. 0 None. -- -- _ . ._ _ _----- - - - ATTACHMENTS �LIST ALL ATTACHMENTS): I, 'Propoaed Council Resolution. 2. 3, eaae .tev.ceyu nece.ae<.ty on a,ttacnmen.t o e o 4uppon.Lcng cumenta yepcu,llnp,n,t ; . C.i.ty A.ttonreey� 1. Coune,i.e Reao.Cu,Li.on Requ.ined? YES NO 1. Rebo.f.u,Li.onY yES NO 2. Tnsurtane2 R¢q;i,i�ced7 YES NO 2. Inaunanee SuSb.i.�i.en.t.' YES NO 3. Ir.6unanee A.Ltached? yES .NO : .,... ..,. �.......,,_....-�.-.;��:...,..—,,-...-..- _� __�� ,- __: .T< _... .---,n,,._ :r,,K :.. ..-�,-,,. , _ . ,� _ .. . . — , . . � . - 2'�88�� . : � S - _ : , . . ; _ - � � ' Jun� 8��198� f . . . , , ., . . ; , . . Cwncilmen Jame��Scbsibel � - . , .. , , . _ . _ � . Chairmsu, FiAaaae, Msnage.meat Psrsonnel t�nittea � - ` ` � ° .`: 7th Floor, City Esll - ,.,, : ' . . , .. - . � ; ; .. �: . . , � . . .. _ ,. � ... , . . - �� -Dear Coa�nct�an Sct�sib�s; � ' _ � . • ::,: � ,.. ; : ` . . � � ' ?he City Oouacil`toda�y relerr� the lollo�ring resolutions to the - � Finmce, �l�nagemeut b YeraonneA. Committee for ecnsiderstion aad �° recomra�ndstioo s . , _ . : ,`�� . I. � 8eaolutioa�arxndiag the'Ci�vil. 3ervice Bules and 3nserting the #,itle a . ,. . ,' r .�: Assxiate .Cit� Sngincer $eetion 3.H, arade 31 AI+tD plaaiag an saterisk -� �= . ` berore the ,title.Assistant Ci eer-Desi � : ty:8ngiu ga and Assistant Ctty " ']f�+_g3aeer-0perat�ons ApD � ing'3ection 32 ot t►he Rules .by; insertiag the ; . a >;t . ''specifiaa►tioaa !or tba.ti a Assoeiate�_Cit� �aginaer,"A�D,�triking the . > . ti - -'�� ,�. � ,.' ,�epe�ificationa !or t`!�e ti es L$st�steat° Cit� Ea8lneer•De�ti�t aod _ ,, a. Asaistan� 'Cifi�,y FSngitiieer atfons"`�' /�oad � iad ������t �•' : � �.; hm�l ..�� Y� . rf. '�.� t � �� �T- y��� �i:..,i^�, � � { . �, .4'- -�'�a� t '�y�'' � '� ��Znfr��.. • vVCti' � � 8 Q����hv�.r�'�t�,��� .„ s �12������iT' .��t' � ,.. _ �. �'�� � �•�-d ��.:� e��" , � � . = �"` ��,�`l' � � stioa Reaolu�lon ardia8 'rate-b!' p�y for Polia� i`raias�. � (Lt Adg., ' ,� r� ' a� . �t e ,y�. , ?� . �qq, •� :. � sikx:, 5+�,`. * �..:� ;� ' �� _• �• i } . . 3 s..:: '�y . . ,,,��+"t'` f"r°:�� . � � . . .. " .fA•, , � :, . . �. ' . �� a-. . i� �,,:�E- t , ' ::��}t _, ��� Beaalutioa am�adtag,t2�e C Servia� Rt�f�es by;�iawaviisg ttN� titls Yolics flra3r�ee �t'roa` seotion 3.�,; ede 22 ancl 3nsaarting #t ia Seetioa 3.x under y�4 .:. F1��� . . ` �� 3t1�e heiading 8�scisl' 8a�p1 nts AN� �men�diag geatio� 32 b�r substituti�� •,�� q ��y `+��� `ya�_ �J 3 t ,�,.•. � �.3if�"14 _ nr, �"{ Yt�� ��Qu�Q�fliVi�i � LiFio1� ii���,��� ,..q , .�� ,�, .' � 1 e `'K'-�- �,'�'`��`,#�� •�^�'+" +�z; •- eji r�,-�L�NC���r�c 3� . xr� � .t� �f. 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' _' r . � �� f�fl �.:� } .s. � 'T t � .;� ..�, .�.t ., �-s_.-Ab ii1l}"+s'"�� -�.�*`pi..t M'��"j'�l - + ' = �... . r, 1 r��� � . .y � �s � i� r.. _—�Y�,y"'�+��y�y i�� y�o. • r��y{ .q .` ..t_'�� X •��. � .,.. . �-. .. .- . � . a. i + },��rli��:� � ��7�..�R'�K- ��i� } �`w �' >T �# �' �+.� � .� � ��7ri�iRl' i�wf�<A t�' 1 rs ',. • . �` a� , t� " .. A�' ... .:� �y� 'SS • ..`"�. � {�<` �� �a�: � '. t. 1. ��'.1 .,t_ .,. _ � �M�i. �� ��i ; ��__�i�' . s .: *��" :� �3 'V.�r"� ' f �, &. :.s. 1����/�.4� ,� - ; S� �, '�'q . A, /��r . � . A'� Tt��T� � = Y�r f� 4"" ,� �y� �1'. .. � r.'1 �w a�+�°�'.yfa9 �.�;. .�' ,�� . "rjy-� '5.;�; ^ ��K�°� �. .•.. � � a .� 3 . ii , .. . . .,�. K,1 x`it;. � s�` `t fwe � �✓t �r�`` �' �r�`", % � �.yd ...r o. k ^.. '�"�t�'�-k'��'�' "�;�'�.'� t•. � .. ' ��"�r y �k'ti a �4 �t� �' :i�'„ �' ,� '�� �t +, ' ��,i . .pa �''�i� +i r +" �:. ''��°y' c 5. . � . ./, `n '.:• ..a. ��.Or�YrR.� �.i�f..r.'lR�,'�J .. - � � . .. ;. C31�,y C1A3'1C _,�" , � ,�,�� Attach.. . . A80 s la '` r', cas Personael Dept. , Publie Works De�t." . FinaACe, Trrasury Dir�ision ' �.=-��:- ; . CITY OF � INT P.A.UL . r��^ g OF�C� OF �.'II �. � l �� ' '. CI'.L`X COII�TCZL 4;��. ��,,, , �:�.:-;:,.;_. . . �8885 �;= ; . ,r...�,,.�.� �.�- . �. �,�'n-»-.e;';a•' � ` . � . ,� ' D a t e : June 18, 1982 � ' �� j..� ', . . . 1 = CO �li�1fTTEE REPt� R i �.` 1 TO : Sainfi Pout City C uncit F R O M � C o m r�n i��e e O Cl FzNA CE, MANAGEMENT & PERSONNEL � James' Scheibel , choirman, makes the fot (owing report or► C.F, �] Ordinunce [� Resolution ' [� Other T t T LE : Approving $500,000 Feder '1 Farm Credit Bank securities pledged as collateral to protect deposits of public funds with American National B nk of St, Paul. COMMITTEE ACTION: Appro ed unanimously. � � � CI"CY � 1�T, , �� s�v:�. iTli >�r ,�,� �:�t�-!� _���T<< �+r�:_v:-:o�:�_> ;,���,