259331 ' 259��1
OR161NAL TO CITY CL6RK
CITY OF ST. PAUL FLE NCIL NO.
r OFFICE OF THE CITY CLERK
� -_� COU IL RESOLUTION-GENERAL FORM
PRESENTED BY ,
COMMISSIONE �" ArF
� \
v
RESOLVED, that the substitution of
$3,000,000 U. S. Treasury Notes, Series F-72, 6%, due November 15, 1972
for
$3,000,000 U. S. Treasury Bonds of 1967-72, 22%, due June 15, 1972
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, ratifed 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.
FORM R ED:
Asst. C y Att y
�UL a 519�l�
COUNCILNiEN Adopted by the Counci� 19—.
Yeaa Nays
;,.:.. .,k�
uti H�� � Y i,_ � JU L 2 6 1972
Konopafzl� ;'
1 on Levine ' AP�v 19—
� ` _:�
Le ne MereditFi
prafka � n Favor _
Me dith� �
edesco yor
Sp a aMme. President� Butled A
T des gainst
*ii mca•�e..,l wr_!'�....,F . .
f
�
PUBLI3HEfl JUL 2 91972
' 259�31
. D{IrLICAT6 TO lRIN'RR �
� CITY OF ST. PAUL �N�� NO
' OFFICE OF THE CITY CLERK
� COUNCIL RESOLUTION-GENERAL FORM
►R��.r `
COMMISSIONER �A�
RE30LVBD, that the eubatitution of
$3,000,000 U. S. Treasury Notes, Series F-72, 6X, due November 15, 1972
for
$3,000,000 U. S. 15reasury Bonds of 1967-72, 2�x, due June 15, 1972_
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, ratifed and appraved, reuch
hading been done in conformance with ,the applicable etatutes of the State of Minnesota;
that such substituted secuxities, at the time of such substitution, had a m�rket value
sufficient, together with the market value of the original collateral eecurities for
said purpose, for which no substitution was made, equal to $110 for evary $100 of
deposiCs of public funds of said City with said Bank.
JUL a� '�
COUNCII�MEN Adopted by the Council 19_.
Yeas Nays
utle Hun� � $s �
C n Konopa�la7 ��",.`,.� Ap�rn� 18._
Levine � -�":-.�
� � .Mereditf� �_ Tn Favor
� •{,�Sprafka
S Tedesco �Y°r
Mme. Presidenf, Butle� � e-�;"at
des
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