277868 WHITE - CITY CLERK � S,/a J(��,
PINK - FINANCE COUflCIl /�/ 1�\ •�i
CANARY - DEPARTMENT G I T Y O F S A I N T ��U L J
BLUE - MAYOR
File N .
C u cil Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
RESOLVED, That the following securities
$100,000 U. S. Treasury Bills, due Februsry 18, 1982,
Rec. ��2030
$100,000 U. S. Treasury Bills, due February 18, 1982,
Rec. #2053
$300,000 Fed. Home Loan Corp. Disc. Notes, due March 12, 1982,
Rec. �k5519
pledged as collateral to protecfi deposits of public funds of the City
of Saint Paul with Stm�nit Plational Bank, St. Paul, hereby is authorized,
ratified and approved, such having been done in conformance with the �
applicable statutes of the State of Minnesota. i
I
COU[VCILMEN Requestgd by Department of:
Yeas Nays
Hunt ,� Finance and Mgmt. Se vices - Treasur Division
Levine In Favor
Maddox / �/�����*"[�
Sho� ��, __ Against By����
Tedesco
Wilson
DEC 2 2 �gg� Form Approved y Att ney
Adopted by Council: Date —
Certified � 5, d by Council cr BY
Bv
A ro 1�tavor: Date oEC 2 � j981 Ap by ay�o ss'on to Council
PP Y
By - — B
PUBLISHED ,��qN � 1982
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l.�h T'� ��'�?.. Oi��FICF Oi' T�I'�c+'. CITY GO�UNCIL
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f' D a t e : December 17, 1981 I
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T0 : Soin�t P�ui Gity Counci!
. �'�0!1►I � C o rr�m i#�e� �n FINANCE, rlaivar,��r � PExso�L ��
. I
George McMahon, choirman, makes ihe fotlowing �
report on C. F. _[� Ordinance
(4) � Resolufiion . �I
� OPher �
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At its meeting of December 17, 1981, the Finance Corrnnittee recorrmiended approval o�
_ the following:
'
�8. Resolution authorizing the sale of 1982 Tax Anticipation Notes, G.O. Capital �
� Improvement Bonds (including Street Lighting) , G.O. taater Pollution Abatemen�
Bond� and G.O. Urban Renewal $onds, Series 1982. �
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9. Resolution approving collateral pledged by Sturnnit National Bank, St. Paul, !
to protect city funds held in said bank. (12519-�� ;
� 10. Resolution approving collateral pledged by Continental Bank, St. Paul, to '
protect city funds held in said bank. (12518-(�� � �
11. Resolution approving transfer of $23,570 to Parks and Recreation Division ��
for Mileage Reimbursement.
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CITY HrV�L S�VE?tiTH FLOOR SAI�1T PAUL 1�1 �i, � I 7
, I► :�FSOTA SSlIfl_
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: ` . "� 4M t3�; i 2,�1 '��� '�'
, � ` � ��v'. ; 9�$ .` 6
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E�F�►ANATION OF ADMII+�7:STIt2�TIV� QRDERS, P.�v�, : 4/3Q ]. '
t2ESQLU`PSON'� �ND OR�IPJ�'�*3�E5 ` . '
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_ Da�e c �aa�t�ex 4, 198i: . D� ���c'�'�`�'„� �g ��
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: �l � ��f�T FQiR��.r,0�
�.��'c�� ��.�Y rY Arra�j�f �'��r�yT'���+�a,��,
To: � . 5��� '
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' ,FI�nMi Gary R. i�oratrem, Dapt. of Fina�c�.� Mg�st. Se��es . . . �', ,,n
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: g�L; 60[tNCI�. �Sf3I.UTIt�i A�'�ROVING GaLI.AT'E�AL '
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± ` 1�1CTION. �2EQUESTFD: �
: MAYORS OFf1C�
; . . :
The passage, of thelattached re�olu�tion appr��nei�, tfie secarities pxedg�d b�► .
�u�it listisas� Bank, St. Paal, e� pr�eect ft�3s of tkte C�ty of �sfAt Panl , : ':
�hile he�,� tn aaid Bank.
PURPOSE T�;ND RATION�iLE ;FOR THIS ACTION: � , : ` ;
1iSd -#�;S require�t cc►llate�a�, to proteat publ�c fwnds. �tad seta au� a
proeedure tc� be folio�d tn the handYing of �aid coll�►�erel •iauladins
th�e requirement of appr�ntal bq the g�vverning bodq. -
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FII�AN�I�I; :II�PACT: ; * . ;�:
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' �ATTA��II�NTSz� �
P�opt+s�d C�;p�ac�.T Re�latton. -