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248104 • -� 248�Z0�� ORI6INACTO CITY CLffRK , CITY OF ST. PAUL COUNCIL NO. OFFIC OF THE CITY CLERK F�`E O C S UTION-GENERAL FORM PRESENTED BY COMMISSIONE DATF SOLVED� That the Council of the City of Saint Paul hereby authorizes , approves, and ratifies similar action by the Sinking Fund Committee of said City, in the premises , and designates Capital City State Bank of Saint Paul , a bank authorized to do business in the State of Minnesota, as a depository of a portion of the moneys of said City, subject at all times to the applicable statutory re- quirements that said Bank shall furnish and maintain on deposit with the Commissioner of Finance of said City bonds of the United States Government in amount equal to 110 percent of the maximum amou nt of money of said City at any time on deposit with said Bank, such bonds having a market value of at least par or equivalent of 110 percent of the amount of such deposit, approved by this Council� and ac- companied by a proper assignment of the same to said City� to the end the said Bank so depositing and assigning such securities shall and will safely keep and pay over t said Commissioner of Finance, or his Order, on demand, free of e� change , all moneys of said City de- posited therein at any time, while such bonds shall be so deposited with said Commissioner, with interest, if any� thereon, at the agreed rate ; that in case of default on the part of said Bank, as such de- pository, the Council shall have full power and authority to sell sueh bonds or so mueh thereo� as may be neeessary to realize the full amount of said City' s funds so deposited in said Bank� together with sueh interest� if any� thereon� and to pay the balance or over- -� plus� if any� to said Bank; that as and for such deposit and assign- N , . ment to be made by said Bank with said Commissioner� to secure said �' � deposit of said City' s funds in said Bank� the deposit and assign- o ment by said Bank of �31,000 of 7-3�4�o U. S. Treasury Notes, due � i� � May 15� i973, in acco�dance with the pertinent pledge of securities� � � delivered by said Bank to said Sinking Fund Gommittee� hereby is o � approved and authorized for acceptance by said Sinking Fund Committee � �' and said Gommissioner for said purposes ; that the amount of the , said City's funds deposited pursuant hereto with said Bank shall at � no time exeeed either �25 ��00 or ten-elevenths of the market value of bonds so deposited and assigned by said Bank as security therefor. Upon the effective date of this resolution� the prior Resolutions of this Council� C. F. No. 228121� approved Apri114, 1966, C. F. No. 235053, approved September 1J, i967, and C. F. No. 246040� approved October 23� 196g, are hereby cancelled and superseded; and be it COUNCILMEN Adopted by the Council 19— Yeas Nays Carlson Dalglish Approved 19—_ Meredith Tn Favor Peterson Sprafka Mayor Against Tedesco Mr. President, Byrne O . " 2����� ORI61NAInTO�CITY CL6RK . . CITY OF ST. PAUL FOENCIL NO. OFFICE OF THE CITY CLERK COUNCIL RESOLUTION-GENERAL FORM PRESENTED BY COMMISSIONER DATF Page 2. FURTHER RESOLVED� That the Council of the City of Saint Paul concurs in the action of the Sinking Fund Committee in releasing the following collateral held by the First National Bank of Saint Paul belonging to the Capital City State Bank: �35 ,000 U. S. Treasury Bonds which matured February 15, 197�. II�I� 31 1910 COUNCILMEN Adopted by the Council 19— Yeas Nays Carlson � � � �"o Dalglish proved 19—_ Meredith �n Favor Peterson � Sprafka � Mayor Tedesco A gainst Mr. President, Byrne pU6LISHED APR 4 1970 O DUPLICAT6' PRIN7ER {�'F��r.:;.,'�s+� �� e w 1i� � i CITY OF ST. PAUL COUNCIL OFFICE OF THE CITY CLERK FILE NO. COUNCIL RESOLUTION—GENERAL FORM PRESENTED BY COMMISSIONER DATF ,�.� i .� . . . �t • e �1 ��LaULV;�;D, T��3t the Cou*�.^z'. o�' �Tz � ���.� � c: . ,.�r:�; ,�r. hc���w i;Y <:1 ai'.;10?"�.� ",.> > �;i��a�iULC,'S � c°Y7C� I^`r7,�'.lf'1(?,�, �j.?'4� � i� li`'"G3 C�i 3 ��` � a.tl � :=t� ���,�� ;'i�: .....b:_i.i ii���:f.' �%:Y' �:ii�.1LI liJ.�liv' l.%1 tiV?.l; '')T'F" 1�:-3f':: ' E�tf1� i�e t.��i:.tjibaW:...'. t�i;.�?1�ie`�.1 .; , , , . . _ . ._ � �.,, __,. �„r �J%3,t1�� ilUti��.;�a."w.t.,4'C� �fi�:i rC' ili`.Sa.E!_E.'S.r'i lI1 :: �_ �,; �� �.4�._. �a<��il� ui ����.ri-r. ,'a,�.�.1, �� , � � r.., • ic�.i•'i :�'tti"s`:4;1,� e`�S F'� C� '.'')QS���',t)Y'�r C�:.. .. :�`Jk"��;,C3�, O�� �;.:'i: islOYlc."y'� �. ,. . _ � .'�r �. _ " , , , , , � .� i'+ ..:�t....., �_ . �� 3�t#:.��, :__; !� ,:�, ��.i l "�;1 s?3 t.;, �;D t �t' �>�) $.:➢_i,� t.'_ _ �_ a.�.t,,..:�t, >";� :t�;-- � � � � � • .. , . .;. ,,.. . , _., -_ �, � p�; �, � �... � �;� , s:� , �r.. t .,.� . " • � �';' . 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C�' GC .1�;�11:1�;�� :s�7 il �lY'O�)t.-'x' d.5'Slfl'YlY'1l�11�'i O� �'.'R;�_' Sc'�iP?��• ��.� ;�;,_i +'.' °.;1�',�y'� �;r7 �'i�10 (:?1C� -� . -�;ai�! �i���;k ao cia�.�ositin.e�, anci �.s�2�Y�.i.n� savai sec�ritic:s s�i�.11 �.nc1 d�tili �:,.���ly �L�e�� ancT ��ay over to ��,id Cominissioner oi Firia�3ce, or �11`.3 Order, 011 decn�a,iirl , �l"PF'• O� S,'"'iC}ll`L:?,'';° � �'.� �.1 �)i�i''�' �':3 �:� �i�� 1.:� i+l��' :'.:— �3091�{".E:C� tiic'.�T'v].Yl cl��; ar�.y tzrna� Wr11.1.!;' ,��'x^F:1 �t3t�.i�;:> 5��,'t.�.1 �,J(: 3Q' :1t:�?OS1�G'(� Lti:i"uii a+:�:i4� �'..`V��titll`.y".y"lUt1c;I'� !V].1"i!1 l?7�'iE',rG'S�"i� '.�'� �11�T� �i�4�'��••,:;Oz1� <.�"� �'ii1`L' a`i, �TE.'f?Ci r_��:,�: ; ��iat in casc: of cielaeilt on. t�i� nr��t �f ��ai�l �:a��a��, �z�;; :;�zcta de– ;�+:;�:.i,��y, t�ia Couxicil sha11 hav� �ul� �?oaaer ��ad r�,�z���ority �o sell svic:s ba�d� or so mucri thereof �s *uay be necessar� to ����li�:; �Iae :�;ai� .��:i�;��t o� s�ici �it,y' � ��.anc�� :�,o deF�os�t:cl �.� >`s�l,:E.CI. :3�.i1�:, to�;etYier w:��;t� :�u�:� interi;��, ii any, therean� ��.d a;o ;��,y t'xc; ��a�L��iee a;: over– ��?��:> , i�' �.y7�, to s�did i:tanl�; that as and �or such de�osit and as�ign– mcat���; �o ��: r�ade by �aid Y3anls; wit� said Commissianer, to secure saic� de�,osit of said Cit,y' � .funcls in ���id :�3�z�'�� t�ae dc�Y�o.�:i.�� cr,,c� ::.::sign– i.l@Ylj'i �Jy '-:�liw1G lii�I1i�: O1 ��r7j��0�)U O� 7^y/14�J T�• �i o �x E,'c`Z..a:;s,3."vJ '"tiO�:t�.�:i� C?ii0 ��i��;T �5, :�>'r 3, iri accorda�ce with the nertia�ent ;_l.ecr�;e vs ���curities, ilei�.vex•ec� by s�.icf l3auls to said Satnliin� F'�and Co;��;zi�tee y l�e�.•eUy i� a�,�,��vec� anc: a�;ttlori�ecl i'or �cceptzr�ce ht= s�k�.c� Sz��l,:.�.n�; :d��:i�d l:c�c:�ittee ari�? �ai� Coru�,�issione.r for saic� �tar�o�;es ; that tYie ��aotknt; afi' the s�.i� GYty' � iunds deposited ptzrs�x�nt k�ereto wi��a ��a�d La�l� :�t���.11 at iic ti�ne e�ceed eil;ner ��5, �0�� or ten–elevent��� of �;����� r��?x�e1; v�,lue of �,ur�1s so cie��osited �.na �s::i�necl Yzy s:zi� �'��r� �s �;:;c��.raty ttierefor. U�dr� t:ie efiective clate of this resoluti��, tz�? �ricar �:�e��lutions of tt�is :o����il, �. r'. l�Too 2�8121� ��prov°c� ",�.�iZ -24,1 ,��� G. I'. No. `w3��53� a����roved ;��e�teiai�er 19, 1967� �n.� �. F. �`� . "°.tt�:�4i)� a����roved Oc�:z:�;;z• 2�, 1y6�, a_re nex`�'�y c��eelled an;l ,:�?tz�erse±:�ec�; and be it COUNCILMEN Adopted by the Council 19— Yeas Nays Carlson Dalglish Approved 19�_ Meredith Tn Favor Peterson Sprafka Mayor Tedesco A gainst Mr. President, Byrne CJ .:.� r;s� , .,�� DUPLICATE Tn PRINTER !r�'A�`� ` y _,�� CITY OF ST. PAUL COUNCIL NQ,. '` '�` OFFICE OF THE CITY CLERK FILE COUNCIL RESOLUTION-GENERAL FORM PRESENTED BY COMMISSIONEQ DATF Page 2. FUI�.TIL�R IZLSOLV�:1�, That the Council of the City of Saia�t Paul concurs in the aetion o� the :�inking Fund Committee in releaaing the following eollateral held by the First National Bank of Saint Fau1 belonging to the Capital City° State Bank« �35�U00 U. S. Treasury Bonds which maturEd FeUruary 15, 1970. ,,�-�� ����` ,a . �.w��3� COUNCILMEN Adopted by the Council 19_ Yeas Nays , . , � G �"�� Carlson �''� Dalglish � Approved 19_._ E Meredith Tn Favor Peterson -�� Mayor Sprafka ''a,�� Tedesco A gainst Mr. President, Byrne O