246550 !- ORIGINAL TO CITY CL6RK 2465,5�
CITY OF ST. PAUL �OE NCIL NO.
OFFICE OF THE CITY CLERK
_ , �� COUNCIL RESOWTION�ENERAL FORM
PRESENTED BY .I ,' l� ��'�^
COMMISSIONER_�_t� s—�` ��c�r :�.�� .1 ,� ��--�;,,—��t'•C:���—,—:�_1� DATF
c
RESOLVED� That the substitution of
�3,000,000 U. S. Treasury Bonds of 1980, 3-1/2%� due
November 15� 1g80�
for
�3, 000�000 U. S. Treasury Bonds of ig67-72, 2—%2��
due December 15� 1972�
as collateral security for deposits of public funds of the Cit y of
Saint Paul with the First National Bank of Saint Paul� hereby is
authorized, ratified and approved, such having been done in conform-
anee with the applicable statutes of the State of Minne�o ta; 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 sub-
stitution was made, equal to �110 for every �100 of deposits of
public funds of said City with said bank.
FO��iq Ap ROVED
Asst. Corporation ounsel
DEC 2 19�9
COUNCILMEN Adopted by the Council 19_
Yeas Nays
Carlson DEC 21�69
1 Approve 19—
Meredith Tn Favor
Peterson '
� Mayor
Sprafku �j
Tedesco A Sainst
Mr. President, Byrne �Jg�rg({E' (�E(', 6 196�
0
�46550
DUPLICAT6 TO PRINTER CI� O�' ST. PAUL COUNCIL NO�
FILE
OFFICE OF THE CITY CLERK
COUNCIL .RESOLUTION—GENERAL FORM
PRESEN7ED BY DAT
COMMISSIONE
RESOLVED� That the subatitution of
�3,000,000 U. S. Treasury Bonds of 1980, 3—i/2/o, due
November 15, 1g80,
for
�3, 000,000 U. S. Treasury Bonds of i967-72, 2—�/20,
due Decem�er l5, �97�,
ae collateral security for dep�osits of public funds of the City of
Saint Paul with the First National Bank o�P Saint Paul, hereby is
authorized, ratified and approved, such having been dane in conform—
ance with the applicable statutes of the State of NYinncsot�.; that
such substituted securities, at the time of such substitution., had
a market valaae sufficient, together with the market value o� the
original collateral aecurities for said purpose, for which no sub—
stitution was made, equal to �$110 for every �100 0� deposits of
public funds of said City �ai1;h said ban.k.
.. ����iv.� l ���
COUNCILMEN Adopted by the Council 19—
Yeas NaYs .�'��r -
Carlson � 19—.
Approve�
�is�-----
Meredith _�n Favor
Peterson Mayor
Sprafk� � Against
Tedesco
Mr. President, Byrne
�