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265525 WHITE - CITV CLERK � PINK - FINANCE � COIItICll CANAR+��- DEF�MRTMENT GITY OF SAINT PALTL BLUE - MAYOR File �O. � �6552 �� � - uncil Resolution Presented By Referred To Committee: Date Out of Committee By Date WHEREAS, State law authorizes the Council of the City of Saint Paul to designate depositories for municipa.l funds and further authorizes the investment of municipa.l funds in time deposits of any state or national bank and any state or nationa.l savings associ- ation subject to such limitations and requirements as are imposed by Minnesota Statutes, Cha.pter 118; now, therefore, be it RESOLVED, That the following banks and savings associations be and are hereby designa.ted by the Council of the City of Saint Paul as depositories for City funds, and the proper officers of the Depa.rtment of Finance and Ma.na.gement Services, Treasury Division, are hereby authorized to deposit and invest City funds in time de- posits at these banks and savings associations in accordance with the limitations a�rid requirements of Minnesota Statutes, Cha.pter 118: American National Bank Capital City State Ba.nk Cherokee State Ba.nk Commercial State Ba.nk Ea.stern Heights State Ba.nk First Grand Avenue State Ba.nk First Merchants State Bank First Nationa.l Bank COUNCILMEN Requested by Department of: Yeas Nays Christensen Finance and Mana ement Services Hozza In Favor Levine Rcedler A gains t BY Sylvester Tedesco President Hunt Form Approv by ity rney Adopted by Council: Date Certified Passed by Council Secretary BY By Approved by Mayor: Date Approved ayor for issio BY BY WHITE - CITY CLERK PINK - FINANCE COIlACll CANAR4 - DE��P`ARTMENT GITY OF SAINT PAITL File NO. ���� . BLUE -MAYOR - � " � Council Resolution Presented By Referred To Committee: Date Out of Committee By Date 2. First Security State Ba.nk First State Ba.nk of St. Paul Gambles Cont�:nental State Ba.nk Gua.ranty State Bank Liberty State Ba.nk Mid America State Bank of Highland Park Midway Nationa.l Bank Minnesota State Ba.nk Northwestern National Ba.nk Northwestern State Bank Pha.len Park State Ba.nk Produce Exchange Ba.nk St. Anthony Park State Bank Summit National Ba.nk Western State Ba.nk The First Federal Savings and Loan Association of Minneapolis Home Federal Savings and Loan Association Lincoln Federal Savings and Loan Association Midwest Federal Savings and Loan Association Minnesota Federal Savings and Loan Association Northern Federal Savings and Loan Association Twin City Federal Savings and Loan Association COUIVCILMEIV Requested by Department of: Yeas Nays Christensen Finance and Management Services Hozza J [n Favor �/� Levine � /�%� S lvester Against BY �* �des�a— President Hunt �Y 2 g �� Adopted by Council• Date Form Approved by ity torney Certified Co il Secretary BY By - Approv ayor: Date Approved by Mayo r Submission to Council By By PueL�s�r�o JUN ! 4 �975 � . , ,, a� , r t .� .�..: :-� - - y .:ti .r - �,. ,�' , . :.: �� .. ,- , :'=A. 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