263191 WH17E - CITV CLERK
PINK - FINANCE COL111C11 �63� 91
B9L'UERVy AVORTMENT GITY OF SAINT PAUL File NO.
� � C ncil Resolution
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Presented By �
,� > .
Referred To Cammittee: � Date
Out of Committee By "" Date
RESOLVED, That pursuant to the authority contained in Minnesota Statutes, Section 475.7�,
the Council of the City of Saint Paul, does hereby authorize the Mayor, the Director
of the Department of Finance and Management Services, and the City Clerk to issue
five (5) registered bonds of the City of Saint Paul in the amount of $1,000 each to
David 0. McComb, Fort Wayne, Indiana, in exchange for Registered Bonds Numbered 17 to
21 inclusive issued in lieu of Flood Control Bonds, dated October 1, .1961, 3.40%,
due October 1, 1986, Numbered 57965 to 57969, inclusive; said registered bonds to be
issued at the office of the Department of Finance and Management Services, and to be
done under the direction and supervision of the Sinking Fund Committee; provided,
however, that such registered bonds so issued shall not incur any new liability on the
City or extend the time of maturity of the coupon bonds which have been authorized or
issued, and in place of which they are ordered issued, but shall only bind the City to
the same manner and to the same extent as bound by said coupon bonds, or as provided in
and by Chapter 475, Minnesota Statutes; the manner of cancellation of such registered
bonds and the form of registered bonds to be as prescribed by the Sinking Fund Committee.
The Department of Finance and Management Services is authorized to pay current interest
on such registered bonds by check.
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COUIVCILMEN
Yeas �l� Nays Reguested by Department of: �
Finance and Mana ement Servi.ee
Konopatzki • �_ In Favor
Levine Director
Meredith -:. ; 4 • � Against By
� Roedle7C • Ba bara Asbury - Bond Regis rar
Tedesco e
Mme.President � �it MAR �J �J74 . Form Approved by City torne
Adopted by Council: Date
Certifie a ed by Co i S y BY �
By
Approv y Max • Date Approve y ay � si n to cil
By BY
PusttsH�rr R 7 197
.. 263�91
CITY OF SAINT PAUt,
OFFICE OF THE CITY ADMINISTRATOR
FRANK D. MARZITELL�
February 25, 1974
T0: Mayor Lawrence D. Cohen
FR: Frank D. Marzitelli
� `
r�E: Issuance of registered bonds
I have reviewed the above referenced resolution and am in agreement
with same. Your approval and submission to the City Council for
action is recornmended.
FDM/ca
Attach.
City Haal, Saint Paul, Minnesota s5 ��2
_ . _ ���3191.
DEPARTMENT OF FINANCE AND MANAGEMENT SERVICES
DIVISION OF ACCOUNTING
109 CITY HALL
ROBERT W.TRUDEAU SAINT PAUL,MINNESOTA 55102 CLEMENS j.SCHLECK
Director Chief AccounUnt
February 25, 1974
Mr. Frank Marzitelli
City Administrator
3rd Floor - City Hall
Dear Mr. Marzitelli:
Please review the attached council resolution which will be
submitted to the Mayor for his approving signature before submission to
the City Council for action.
Your immediate attention to this matter is greatly appreciated.
Very truly yours,
Robert W. Trudeau, Director
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Barbara Asbury (Mrs.) �
Bond Registrar
attach.