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255991 ORIGINAL TO CITY CL6RK 25�gg1_ CITY OF ST. PAUL �OE NCIL NO. " OFFICE OF THE CITY CLERK �� C N RESOLUTION—GENERAL FORM PRESENTEO BY � COMMISSIONE � ' � DATF RESOLVED� That the City Treasurer� with the approval of the City Comptroller, pursuant to and in accordance with the provisions of Minnesota Statutes 1971, Chapter 475, is hereby authorized and directed to invest surplus cash in the General Fund and surplus Sinking F'und cash in general obligati�'ns of the United States, of the State of Minnesota or aaiy of its municipalities, and in securities issued by the following agencies of the United �tates : Federal Home Loan Banks, Federal Intermediate Credit Banks , Federal Land Banks , Banks for Cooperatives , and the Federal National Mortage Association, said general obligations or securities to be payable in not to exceed one year, and said officers are further authorized to sell such obligations, ,so purchased, at any time while same are so held by the City, in the event that the moneys so invested are needed' for expenditures to be made by the City, and be it FURTHER RESOLVED� That this authority and direction shall be .supplemental and in addition to the powers conveyed upon the said City Treasurer. and the City Comptro ller by City Council Resolution, Council File No. 236763, approved January 23, 1968; and be, it ' FINALLY RESOLVE D, That Council File No. 246724 is hereby rescinded. FORM APPROVED � o �-�� . Asst. Corporati n Counsel ocT 1 a �9�� COUNCILMEN Adopted by the Counci� 19— Yeas Nays But�er 0 CT 12 197� �se� C°��-,��.`, ro 19— �� �n Favor Meredith � Sprafka Mayor � Againat Tedesco Mr. President, McCarty 0 CT 16 ��7� PUBLISHED � � 25599_1_ ou�uc�n ro�R�Nte�t � CITY OF ST. PAUL �uNC�� NO OFFICE OF THE CITY CLERK COUNCIL RESOLUTION—GENERAL FORM PR�ENTED!Y COMMISSIONH! �A� SSSOLVED� That the Ci�ty Treasurer, Mith the app�c+�vsl oi the City Co�ptro l le r, purrn�►at �o an�d in s�o rdaaae ��h t�s pro�i�iona oi Atinne�ota Statnt�s i9?i, Chapte� #?�, i��he�c�eby authorl�ed and direoted to iavost surpius oa�h is the a•aersl Fun� and •nrplus Sin�cin� Fuad vawh �n Seasral obli�stit�� oi tha IIaitod �tat�r, o! the 8tat• oi Min�e�ota or a�y ot 1t• ouni�ipalities, an�d in •�oaritiss is�ned by t�� !o ilorri� ag�neie,r oi tbe IInit�d Stater i Fsdsral �c►►�s I,o�n Bant�, F�d�aral Interatdiate Credit Sanic�r Federai I.�nd Baak�, Ban�s ior Cooperati'ss, a�d the Fedaral l�atiosul Morts�e A�sooiation, �sie! ��ersl obll�jttoa� or saouri ti es to lae payable !n sot to .zoesd os. ysar, +�nd �aid oii4oers are tnrtber anthorlssd to s�ll suoh oblisstioa�� so purohared� $t w�r ti'ee �thile •a�e a�e so held by the City, in th• event � the �oneyis so in�s�t�d are needsd ior ezpenditares �o b� �ad• by th� City� and be it FOBT�H SEaOLVED� 'T�at thi• antgority aad dirs�tioa ,rhall be Tenpple�tental and is addition t�c►► the po�+re rr oomosy�d npoa the •aid Cit�r Tarea�nrs� and th• City Co�ptm ller by City Couu01l �teeolntlom� Couttzoll File lTo. 236763, sppx'orsd J4�ivat'► $3� 19f8; and be it FI1tALLY A�84LVED* Tlut Couaoii File No. �#b7Q4 1• hereby rs�oladeA. COUNCILMEN Adopted by the Counc;� 0 CT 12 197�9_ Yeas Naya But�er OCT 1 � 197�1 ��. Appro� 18_ �vin�` -� Tn Favor �eredith Spraflca �t ��r A g81IISt Tedeaco Mr. President, McCarty ��