275192 �NH17E - CITV CL.ERK . �
�INK yFINANCE GITY OF SAINT PAUL Council �����
CAN-ARY �- DEPARTMENT 1
BLUE - MAVOR � Flle NO.
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0/ in�nce ordinance N O. �CIJ C���
Presen
Referred To Committee: Date
Out of Committee By Date
An Administrative Ordinance amending
Chapter 86 of the Administrative Code
pertai:ning to municipal bonds and other
obligations.
THE COUNCIL OF THE CITY OF SAINT PAUL DOES ORDAIN:
Section 1.
• That Chapter 86 of the Saint Paul Administrative Code be and
the same is hereby amended so as to add the following new section:
1 86.08 i Bonds : Registered. Pursuant to the author-
ity granted by Minnesota Statutes, Sectian 475.71, the
Council of the City of Saint Paul does hereby authorize
the Director of the Department of Finance and Manage-
ment Services to issue registered bonds in exchange for
any or all coupon bonds or other registered bonds of
the City of Saint Paul which may have been issued by
the City upon the request of the owner of such bonds.
The surrendered caupon bonds or registered bonds shall
be cancelled and appropriate records maintained by the
Director. All costs incurred by the City in regard to
the issuance or reissuance of registered bonds shall
be paid for by the person requesting the same. Regis-
tered bonds issued under this ordinance shall not incur �
any new liability on the City nor extend the time of
maturity of the coupon bonds which have been authorized
or issued, and in place of which they are ordered
issued, but shall only bind the City in the same manner
and to the same extent as bound by said coupon bonds,
COUNCILMEN
Yeas Nays Requested by Department of:
Fin and Services - Treas r Divis
In Favor
Against B
Form Approved b 'ty t rney
Adopted by Council: Date
Certified Passed by Council Secretary BY
By
Approved by Mayor: Date Approve r f Submi to Cou cil
By BY
WHI7E -�CITV CLERK
C KARV - DEPA TMENT COUt1C11 �, `����
BLUE - MAVOR GITY OF SAINT PAUL File NO. �`'� ° �' �
Ordin�nce Ordinance N 0. ��(o��_
Presented By
, Referred To Committee: Date
Out of Committee By Date
-2-
or as provided in and by Chapter 475, Minnesota
Statutes. The Department of Finance and Manage- -
ment Services is authorized to pay current interest
on such registered bonds by check.
Section 2.
This ordinance shall take effect and be in force thirty (30)
days from and after its passage, approval and publication.
t
COUIVCILMEN
Yeas �' Nays Requested by Department of:
I.evine � Fina nd ervices - Tre sury Division
Maddox In Favor
McMahon Q
-,�,,,,�� Against
Tedesco .
Wilson
Adopted b ouncil• Date SUL 17 1980 Form Approved by Cit tt y
Cer ' ed Pass y uncil Secr�,ta BY
�
Ap o e by Mayor: Dat Approv by yor S mis i ouncil
BY BY
SHED J U L 2 6 1980
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}:: ;� Rev,.: : 9/6f76
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` E7CP�ANA'�ION l�1� S1`RA�I�TE .DRDERS.,
, itESSt�:tl'��ONS, ORD�ES
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JI1N 1 �1990
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Date: Ju�a� 5, 1�80 � ` . � �
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, TO:. 13AYOR G80�GE LATiM�H ` . - � �
�`x: Gary`R;� N�retrs+�, D�pC. of Finxuce �S;'�8mt. Serv�ce�
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LtE: 08DI�t68 �BL� TO TRA�TSFEB/RIIGIST�A�� OF: G�' Bt�1�8 � � ,. �" � ;
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OF�`IC�+ O�` THF CITY �GOUNCZL
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Da t e ; June 27, 1980
CaNIN� iTT�EE R � F' Q �T _
TO : Saint Paul City Council
FROM � Corr�mi'tte� on FINANCE, MANAGEMENT & PERSONNEL
George McMahon , choi�-man, makes the fol lowing
report on C. F_ (l ) X[� Ordinan�e
Q Resofution
� Other
T 1 T LE : Ordi nance desi gnati ng the Di rector of Fi nance and Management
Services as transfer agent with respect to transfer/registration
of all City bonds. (11062-GM)
The Finance Committee, at its meeting of June 26, 1980, recommendedYappraval
of the above ordinance.
CITY HALL SF.VENTH FL�OR SAINT PAUL, MINitiESdTA 55i02
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=aS.��TY ��s�,;, CITY OF SAINT PAUL
- R ''`� ' �"' OFFICE OF THE CITY ATTORNEY
�� �
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',� iiii°i�i°ii +<
'>;� �1-1-i „� EDWARD P. STARR, CITY ATTORNEY
�e�. . 647 City Hall, Saint Paul, Minnesota 55102
� � 612-298-5121
GEORGE LATIMER
MAYOR /
� �QC�'~?�.�
June 4, 1980
RECEIVED
JUP� 1 ,1�80
MAYOR'S QFElCE � ���'�j�
o,�fi (� ,FD
q �FA �c� ��S
Mr. Gary Norstrem ���,,9QT� �F�. 198 _
Treasury Manager 'qi4q?��,�,tiFo� 0
Department of Finance & Management Services �c;,,f,nr^,���F,,�
Room 219 �r�T S��Vq�'O.Q
CITY HALL r�4'��c�S
Dear Mr. Norstrem:
Enclosed is the ordinance requested by you authorizing the Finance
Director to issue new or replacements of registered bonds.
If ou have any questions, please call.
Ve tr ly y s,
JE ME J. SEGAL
Assistant City Attorney
JJS:cg
encl.
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1 st �-- J — �j'G 2nd �'—� �'�
3rd 7— / ��— �'�j Adopted � - / � -�.�'
. Yeas Nays
HOZZA
HU� ��5��2 � �
LEVINE _
MADDOX
McMAHON
TEDESCO
PRESIDENT (SHOWALTER)