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270938
WHITE - CITV CLERK � PINK - FINANCE GITY OF SAINT PALTL Council (((��� ^�,('\ � CANARV - DEGARTMENT �.�' ��.` �j�( OI.UE - MAVOR File � NO. �'��� C ncil Resolution Presented By Referred To Committee: Date Out of Committee By Date RESOLVED, That the following securities $ 50,000 - 4.20% Faribault County, MN Aid Hwy Bonds due April 1, 1982 50,000 - 4.20% Hopkins, MN Perm Imp Rev Fund Bonds due Jan 1, 1979 100,000 - 5.25% Minnetonka, MN Imp. Bonds due February 1, 1979 pledged as collateral to protect deposits of public funds of the City of Saint Paul with the First Merchants 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. • K ' COUNCILMEN Requested by Department of: Yeas Nays � Butle� _ __�_ [n Favor _ �iunt � ._. �ev�ne v __ Against Roedler , Sylveste[ ApR 2:5 19� Tedescp..- Form Approve by C� Attorney Ad�pted by.�ouncil• Date Certified P• •sed by C�afinc' Secr�tary BY / �� � � ^ Approved r for Subm' o Council Appr y Mayor: Dat — g1' � – — BY ��� Q��R� �c►,�n npq 3 � 197� _ OM D2 s I2/�9'�5�,. , .. , , � ° , Rev. ; ; S°f8/7 :` ' � - " _ �������- � , ; ., ' '- '� EXPLAAlATION OF ADMIM��TRATTVE ORDERS, ��' RESOLUTI01�?S, �INtT) O�iDI,NANCES. : •� � � ' . ,� ��� �'j�. } �� _ � L� Date: t�pril i'4, 1}78 A�� �A 1g� �►�� . � TO: MAYOR GEt�RGE LAT:IMER , ,>; FR:' (3a fi. No�est�cem, ;Dept. �f Fina�c� ai�d T rq l�nt Se�vtce ' ' . � : ' ; F .y} , *�,. f � . � . _ . . . . . ,. . . } �_ _ Y '� a� ;�� ..� : . . ', . . . �� -: ��� ��t�'��N:AF��V�I�.:���"��L,: _ '._. : _ _ . �. : >�=- - , _ ... - . ._ - . _ . _ .. _ , - _. ..- - _ .�r� , : _ , . -. .,. , : � _ ... _ . ,- .. . � _ , . . , _ ; ;� ��: ,: .�ACTI�N R84itEST��: ;` . ; 3'he passage af the attached resolution appr�oves th� securi�i�s p�.ec���d' by t�e designated bank to protect funds of the City of; S�int� Pau� �v�Y#:Ie � ; �: ,•�� held 3.n sa3.d'�b�nk. . ' . ° ' ; : ., � :. . ; ., � — �WxtPASE. AI�1D 1tATIONALE FOR �THIS; AC'.�`�I,QNs � ' � : - : : , � I�fSA �.18 re�uires co�.l.�teral to proC�ct pub�.ic fui�� and s+�� :owt a p�o�u�e ' � to. t�e folkowed .in th� handlit►g of said coI].ater�l. �telucting.:the-r�eq��;��; of 'approv�l by the<governi.n� body. : _ . _ :� , : ;' : ;: , - � . � � ' - , - . ,;: ;, w , ATTACHMENTS: : .' , , , Pro�us�d.Cpuneil �tesolution: ' , . , �_ t , : ;. ;; ,, , ,. , ' ; . ;_': }`' ' � . � . . _...