245432 , 245432
OR161NAL TO CITY CL6RK �
CITY OF ST. PAUL �o�NCi� NO
' FFICE OF THE CITY CLERK �
I l TION—GENERAL FORM
PRESENTED BY
COMMISSIONE DATF
RESOLVED� That the substitution of
�20,000 U. S. Treasury Notes, Series .D-1971, 7-3�4�,
dated August 15, 196.g, due February 15, 1971,
for
�20,000 U. S. Treasury Notes, Series C-1969, 6%,
dated May 15, 1968, due Augu�t 15, i969
as collateral security for deposits of publie funds of the City .
of Saint Paul with the Produce Exchange Bank of St. Paul, hereby
is authorized, ratified and approved� such having been done in .
confo rmance 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 pur ose, for which no
substitution was made, equal to �110 for every �100 of deposits
of publ ic funds of said City with said bank.
FO APPROVED /
- .....
C9rporat Cou I
Ai,iG 2 9 1969
COUNCILMEN � Adopted by the Council 19_
Yeas Nays AUG 2 9 1'69
Carlson
Dalglish pprove 19—
Meredith �n Favor
Peterson '
� Mayor
� A gainat
Tedesco
Mr. President, Byrne PUBLISH€o �Ep 6 �969
a��
DUPLICATE TO PRINTER CI I 1 OF ST. PAUL � �oENC�� A'O• " -���f_,7,A,/
OFFICE OF THE CITY CLERK ��
COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DAT�
I�EaULV��D, That tiie substitution o�
,;�20,000 U. S. Treasury No�es, aeries D-1971, "T-3�4io,
c���.ted. ��Ll�,iASt 1�, ig69, due Febri��,ry 15, �q?�,
,'or
:;��0,�JO �U. S. �Preasury fiTotes, �eries C-19�i9, 6%a,
dated ivlay 1�, 1)6�, due 1^�zi�;�,�st 15' 1969
�,s collateral sec�arity for d�posits o# �L1�117.0 f�xnds of t�ie ��ity
o� aaint 1'a�z]. jvith t�ie �roduce I:xchange I3an� o�P St. �aul, llereby
is authorized, ratiiaed and ap�roved� siich havi.ng t�eeAl done in
con:�ormance with tl�e a��lica�l� �1;atutes o� the :�t�te of r�iinne,ota;
tliat S1AC�'1 au�stituted securities, at �;�ie time oi' such substitui;ion,
klad �, ��rt�et v�:lue su�'ficient, to�etizer zvith tile market value o�
tile ori�,in�.I collateral secu:�ities for said PU.P�O„�iE� for whicti Y�o
sui�stitul;ion �v�LS r�ade, equal to �,�110 �or every �.V100 of c3e1�osi�s
of �uUl ic �iAnct� o� said �ity witli s�,id b�,t�.k.
A� � � ����
COUNCILMEN Adopted by the Council 19—
Yeas Nays t
��u�� ,� �"y^f;r�a
Carlson � � ` � '
Dalglish Approved 19.—
Meredith �n Favor
Peterson
� Mayor
�� A gainst
Tedeaco
Mr. President, Byrne
O