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
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