269263 WHITE - CITV CLERK
PINK - FINANGE COUI�CII � L[� �
CANARV - DEPARTMENT GITY OF SAINT PAUL i�. ;�+!. :� /�S . �
BLUE - MAVOR File NO. �
ouncil Resolution
Presented By ' `
Referred To Committee: Date
Out of Committee By Date
RESOLVED, That the following securities
$200,000 7� U.S. Treasury Notes, B-83, due November 15, 1983
100,000 7.30� Federal National Mortgage Association Debentures,
due June 10, 1983
190,000 6.75� Federal National Mortgage Association Debentures,
due December 11, 1978
pledged as collateral to protect deposits of public funds of the City of
Saint Paul with Commercial State Bank of Saint Paul, hereby are authorized,
ratified and approved, such having been done in conformance with the ap-
plicable statutes of the State of Minnesota.
COUNCILMEN
Yeas Nays Requested by Department of:
Butler � Finance and Mana ement Serv' - T r Div.
Hozza [n Favor
Hunt � � ri'
Levine Against BY ���
Rcedler
Sylvester
Tede � 21 �$n
Form Approved b City torn
Adopte y Council: Date
C tified Pass y C nci cretary BY
Approved by ayor. D e � ,UN 2,2 �9 7 Approv d by May for u i icu► to Council
gy By
PUBLISHED �UL 2 1977
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f7M �tl�s . 1.2/19T5 .
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Rav.z. 9�8/76 ' ,`; .. ��
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'- �` �.�CPLAN�TION O�' ADMINYSTRATIVE QRDERS• �.�,� �*.� � �•.�
RESOT,�UTIONS, AND` ARDINAPiCES �
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D at e; June 2 r. 1977 �' '�"'y .Aj"1'C+�'r'�I�Y
TC�e MAYOR GEORGE LATSMER .
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FR: Ber�a�d.J. �arlso� ����
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. vlr- c�ercial� s�t� ���'� te�t �i-t�r .�t�tds a� `said�Ba�r � ;
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,�1ECTIflN R84IIESTED: ^� ;,' ,. �� '
�1'"�Y�S � +'.,.�,�'f �
A�prdve securitieffi) he3.d ass collatezal to psotec� pub�ic� fi�6.�� .
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PURPOSE ADtD- RATIQbiALE �'QR :'TSIS<',�li�T�Q�fi: • ;
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M.S.?�. 118 requi.re� collateral.to grcatect p�l�a fut�d� u�d �s��� dut a.; ' �,
pro�edure �o be followed in th� ha►�dling af said :co1].a��al; ;:��.�td3,t�g: �'�
the require�ent of appro�al by the govei^riing body. ��
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ATTACHMENTS: . �
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Pxopos�l Council Resfllution .
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