260217 WHITE - CITY CLERK ((('''��� ■/��
PINK -- FINANCE GITY OF SAINT PALTL CO11IIC11 ��g����
CANARY - DEPARTMENT
V
BLUE - MAVOR File NO.
C uncil Resolution
Presented By —�
,
Referred To Committee: Date
Out of Committee By Date
RESOLVED, Chat the substitution of
$200,000 U. S. Treasury Notes, Ser. A-75
S 3/4�, Due February 15, 1975
for
$200,000 U. S. Treasury Notes, Ser. F-72
6�, Due November 15, 1972
as collateral security for deposits of public funds of the City of Saint Paul with The
Northwestern National Bank of Saint Paul, hereby is authorized, ratified and approved, such
having been done in confor�nance with the applicable statutes of the State of Minnesota;
that such substituted securities, at the time of such substitution, had a market value
sufficient, together with the market value of the original collateral securities for
said purpose, for which no substitution was made, equal to $110 for every $100 of deposits
of public funds of said City with said Bank.
COUNCILMEIV Requested by Department of:
Yeas Nays
Hunt � Dept.of Finance & Manage Serv.-Treas. D
� In Favor , �
Levine ���
Meredith � Against BY �
Sprafka
Tedesco
Mme.President Butler NQV 3 Q 197a .
, Form A�1'pved by C'ty Attorney
Adopted by Council: Date '
Certifi s ed by Counc' ec BY ,
By
Approv by Ma�o ., Date � 72 Approved by Mayor for Submission to Council
By BY
PUBLISHED DEC 21972