255946 ORI6INAL TO CITY CL6RK
CITY OF ST. PAUL F�ENC�� NO.
OFFICE OF THE CITY CLERK
�UN I�OLUTION—GENERAL FORM
PRBSENTED BY
COMMISSIONE ' DATF
RESOLVED� That the substitution of
�3,000,000 U. S. Treasury Notes , Series D-76,
64,-dfo, due November 15, i976,
for
�3,000,000 U. S. Treasury Bills due September 23, 1g71 ,
as collateral security for deposits of public funds of the City
of Saint Paul with The First National Bank of Saint Paul, is
hereby authorized, ratified and approved, such having been done
in conformance with the applicable statutes of the State of
Min.nesota; 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 APPROVED
.
� J Ar.•i l.L el��i/\
Asst. Corporation Couhsel �
�
O CT 5 1971
COUNCILMEN Adopted by the Council 19—
Yeas Nays �97�
Butler O CT 5
� rov 19—
Levine
n Ravor
Meredith
r
Sprafka
V A gainst
�es�
Mr. President, McCarty O CT 91971
pUBLISHED
O
DYlLICAT6 TO HttN'RR . � 2��'y��
CITY OF ST. PAUL ���"� NO "
, OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION-6ENERAL FORM
rR�e�c er � .
COMMISSIONER . °A�
RESOLVED� That the substitution of
�3,000,000 U. S. Treasury Notes, Series D-76,
� 6�fo, due l�ovember �.5, �-97�,
�or - �,
�3,000, 000 U. S. Treasury Bills due September 23, �.971,
as collateral security for deposits of public fund� of the Cit�
of Saint Paul wit�i The First National Bank of Saint Paul, is
hereby authorized, ratified and approved, such having been done
in conf orman�e with the applicable statutes of the State of
Minnesota; that such substituted securities, at the time oY
such substi�tution, had a market value sufficient, together with
the market vaTue of the original collateral securiti:es for said
purpose , �or which no �ubstitutian was made� equal to ��.10 for
every �100 of deposits of public funds oY said City with said .
�
bank.
COUNCIL�JIEN Adopted by the Counci� OCT 5 197k9_
Yeas Nays
Bu�a� OCT 5197�
Approv� 19._
Levine _�n Favor
Meredith �r
Sprafka � Ag��t
��
Mr. Preaident, McCarty
. ��