260549 WH17E - CITY CLERK � 1
PINK - FINANCE �
BLUERY- MAVORTMENT GITY OF � SAINT PAIIL F le ci1NO ;�b � 54��
ou�zcil Resolution
Presented By �
Referred To Committee: Date
Out of Committee By \ Date
RESOI,VED, That the substitution of
$3,000,000 U.S. Treasury Bills, due April 19, 1973
for
$3,000,000 U.S. Treasury Bills, due January 18, 1973
as collateral security for deposits of public funds of the City of Saint Paul
with The First National Bank of Saint Paul, hereby is authorized, ratified and
approved, such having been done in conformance 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.
COUNCILMEN Requested by Department of:
Yeas Nays Department of Finance and Management Services,
Hunt
Konopatzki In Favor
—�e�vi�--
Meredith U Against BY ��
Sprafka
Tedesco
' � ,IAN 2 6 1973
Form Approved ity Attorney
Adf�3t�b�'�S��i�tllevine Date
Certif' ed by Co S e ry BY
By
Approve by Ma Da JA Approved by Mayor for Submission to Council
By BY
PUBLiSHED FE8 31973