269812 .
WHITE - CITV CLERK �
PINK� - FINANCE COUIICIl ������
CANARV - DEPARTMENT GITY . OF SAI�NT PAUL �
BLUE - MAYOR File � NO.
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ouncil Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
RESOLVED, That the following securities
$1,000,000 6-5/8?'e U. S. Treasury Notes, due Au�ust 31, 1979
pledged as collateral to protect deposita of public funds of the City of Saiat
Paul with Northcaestern National Bank of Saint Paul, hereby is authorized,
ratified and approved, such having been done in conformance with the applicable
statutes of the SCate of Minnesota.
COUNCILMEN Requested by Department of:
Yeas Nays �.
Butler L, Finance and Mgmt. Services-Treasurv Division
Hozza � [n Favor
Hunt "",. __�.
� _ Against BY
Roedler
Sylvester
—�`s SEP 2;2 �9�� PP Y Y Y
Adopte y Council: Date Form A roved b it Attor
Ce ified Passed ouncil Secre � BY
By
App ove^d y �'� sEP �3 �977 Appro b Mayor r Sub io to uncil
lVlayor: Dat �
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By � .1�� __��_ BY
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�����st�E� G t,T 1 1977
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BXPLl�NA'�I(3N QF AD1�:IPiISTRATI`�'P E3IiD'�8$,
, RBSOLt7TTON�� ANb �RDINA3�tC�S !
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T�ate s Septce�r 7, 1977
T�: I�LAYQI� GEOR�E LATiM�R • �
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FK• Ga�► Rs„- lbntre*s, F1Ep�. of Fiaaace b M$st. $� �
i �.�a/{� �{y�� y�� `�� v ��� �e �+.'v,;
.�.b',�,`K !���r_ -`, ' ��. � :.. .�� : . � ,���� u� _ .
A�r.. .. �� �i7W� �+FA1�.1irNJJ��i� .� �. �r y ,rw
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�,C��1�1' �L�i ESTED r. �1,
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�e :passage of the sttaehed �ne�r�+lution aFp���s tht s��n�ira.t�es �p2sd�ed
by t�_ designated :bank to ptv�t+�ct f�ds of th� �ity a�;�a#nt P�ai: �rbf�;e
h�id ia°said` b+tnlc. % �
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PQRP�SE ADTD RpiTSOPAI+L FQR 'T81�3 1RCTI01+1 z `
MSA 11$ reqnir��l Eol�s taral to protect publ�ic f�� a�p� sets av�;a p�d+et�a .
to b� follo�ed in t��e bandlia� of said collateral lnciti�di� th+e s�qu�,�rit; .
of sPPre�sal by tbe gavetn3t� body..
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< ATTACHMENTS:
Frq�osed :Conacil �aso],nt�on.
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