277519 WHITE - CITY CLERK
PINK - FINANCE
CANARY - D6PARTMENT G I TY OF SA I NT PAU L Council ������ .
BLUE - MAYOR �
— File N 0.
il Resolution
Presente `
Referred To Committee: Date
Out of Committee By Date
RESOLVED, That the following securities
$300,000 Federal National Mortgage Assn. Discount Notes,
due, November 20, 1981
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.
COUIVCILMEN Requestgd by Department of:
Yeas Nays
Hunt � Finan and . Services - Treasur Division
Levine In Favo[
Maddox
McMahon d
sr,o,,,,eite� Against
Tedesco
Wilson OC`T � 1981
Form Approv d y it Att ey
Adopted by Council: Date
Certified ss by Council S ret BY `
B, � `
A d b 1Aavor: �j `� 1981 App ve y M�r for Su o Council
By BY
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` EXFLA�tATTO'i�I f}+E' A13��ATISTR?��IUE �R'#:2��t�. R�v�=;.� 4,j��{?/�`1. , �t°
` r2ESOLUTION�;:�NU't?RDINARI�ES '. F�p9 V- ��L'�. ` �:: .?—t,�f��
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� l�elywt Gefezge Latfaier . . ., ,�'� A r1 f TQ��/ '';
fae '���, �:
;-F �?�i,.' ��y �, porstr+�, D�pt. of Finan�a � 1�Sgai�. Serv��s - �;s�� ' �' r
� � C0U1�C�..�SdLU�Z�i APPRdVIIiG: G�T�. :
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i �ON REQU� ESTED: . _
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F T Tb� pas�ige of tha at�a��,ed r��ala�ion .ap�s+o�n►a the secaritias p►led� �y - � `�.
Suvait 1TsEio�a1 Bank to proeect fui�ds of t�� City of Saint;�a�t1-abi��.�e�,�l
€ in ssld Bank.
� P POSE �ND RATTONALE FOR THIS AC'�IDi�t: � �
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��r�dur+�, tct b� folloa�ed in the lundl3ng of:aafd c��Z+rtas�t�4: iti�€�ud��t� '
t�e �s��t�,resent of app�avtl by the governt� i�a�d�►. .:
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