274775 WH17E - CITV CLERK ����l�
PINK - FINANCE G I TY OF SA I NT PA�L COURCSI y
CANARV - DEPARTMENT � File NO.
BLUE - MAVOR � � �
Council Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
RESOLVED, That the following securities
$1,000,000 9.75% U. S. Treasury Notes, due January 31, 1981
pledged as collateral to protect deposits of public funds of the City of Saint
Paul with Northwestern NaCional Bank of Saint Paul, hereby is authorized, ratified
and approved, such having been done in conformance with the applicable statutes
of the State of Minnesota.
COUNCILMEN Requested by Department of: �
Yeas .Nays �
Houa Finance and M mt. Serv asur Division
-+�� In Favor
Levitte �
McM on __ Against BY �r
Showatte� �
Tedes
` Form Approved by ity Atto ney �
Adopted Council: D —��
Ce fied Pass y Co cil tary BY
� �y
• Appr by 17ayor: D _ A�R �+ � �� Appr ve by Mayor for i ion o Council
By - – BY
R1Rt.ISHED MAY 3 198 .
. . . . . . . . . . . . . . . . � . . � . .. -. i
�
t7�i Ol• 12/1975 �
� Rev,: . 9/8/76 �
_ , ,.
EXP'LANATION 4F A�MINISTRATIVB ORDERS� ��r�� ;
�
RES�UTIONS, AND OxDINAI�SS ,
_.
: � - _ � � � � . ��ED �
£.
, � APF 1 �1980
.
IIA�4�YC�_R_'� �
, Datez �pril 5,; ,198Q :
}
� TD: MAr7�R G�ORGB I.ATIl�SER .
, .� - FR% Gary '&. Norstr�, Dept. of Finaace � Mgst. S�r�vi�es
RR: , COUI��1.i RESOLi�TION APPR�NIIiG CO'LLATERAt, �
6.
_
, AC'�CIO�T REQUEST�D: ' _ : �
. I
Th� ssa e of the attached resolutioa a r s - �
Ps S PP � the s�enrfCies pled�sd
by t6e designated bank to protect funds of the City of Saint Paul �i1e �
hekd in� said bank. �
_ . #
. . . ' � � � ' . . . - . ' . . . . . ' ,- � . .� y ,� .
y
M
-r�-- $
�P�?SH,A1�J ��IO�.E FOR T�iIS ACTION: �
;`;
�: ,
MS�4 11$ r�equir�s coilateral to protect pub2ic fnnds and s�te oat a p�coeedure
• to b�e �'ollowed in the hsndTing of said eollstersl includi�g the requirea�nt
a� app�oval by tl�e governl.ng 'body.
, A,TTAC�TS: �
Propesled Council R�so}.ution.
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