277520 WHITE - CITY CLERK g � �`'{�
PINK - FINANCE "' ;�/�
CANARY - DEPARTMENT G I TY OF SA I NT PAU L C011RC1I .� :,'�'�/'+'�+
BLUE - MAYOR File NO.
o c ' Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
RESOLVED, That the following securities
$550,000 U. S. Treasury Bills, due November 5, 1981
pledged as collateral to protect deposits of public funds of the City
of Saint Pae�l with ContinenCal Bank, St. Paul, hereby is authorized,
ratified and approved, such having been done in conformanee wi,th the
applicable statutes of the State of Minnesota.
COUNCILMEN
Yeas Nays Requestgd by Department of:
H„�t � Fina and t. Services - Treasur Division
Levine [n Favor
Maddox
McMahon � B 2��
showa�ter _ Against
Tedesco
Wilson
OCT 1 1981 Form Approved by ity ttorney .
Adopted by Council: Date —
Certified Y ss d by Council Secretary BY
B �
Approv by :Nayor: D • T � 1981 Appr by Mayor fo ss on to�ou cil
By BY
t�UBLISHED 0 C T � 41981
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�ev. : 9/8/�6 :�
, �Rev. ; 5�7/8�
* � EXPLANATION t?�' ACMINISTRnTIVE Oltb S, P.ev. : 4/34/B�J.
� � RESOLUT2€?1�S AND OkDIi��"�CES F,/r� �` ,A �' .�$��`���
? RE fVED �"w :-
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r � -: _� _ : : .,�D SEP:� 5 �981
Date Sept�e�er i�l. �9i1 .
SEP 1 �°1�1 .
. �-���;- : � CITY�ATTORN�Y' .
T(3: � Mayor Gsorge Lati�er: � _
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. F�� Gas'Y R. lfcrr�ta�, �ept. of Fina��c� 6 Kgxt. Servicss . _ .
R�: COI�iCZY. �R�t1'MON AFr�VI�IG CdLL,ATSRAZ .
` �C�I �tE4UESTED: _ : . .. .,.
, . � .
� The pa�uge of tlie attached resolntion apgaro�s� the secu�tt�sa pledg�d by .
Coati�►entiil 8ank, St. Paul, to pirotact fan�la of the Cit�r pf Safnt F:nl e
. aihile held in said Bank.
PURP E AND RATIONPiLE FOR THIS ACTIUN: ~
1�A 1�$ requires c0liateral to pro:tect public funds and sets aut a .
= _- procedurs to be folloaed in tbe hsndliag o� saf�d eollatmstitl� imclmding � , •
� ` tbe �+equir�mmat of approval by the g�rernlag �ady. �
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FI�AN IAL I1+ZPA�CT:
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ATTAC MENTS: ,MqNAC���Of�,��T� _
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. .Psapoead Couneil ��soluC�o�. _r`�FS
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