246724 ORIGINAL TO CITY CLERK �/7��'j,{..�
r CITY OF $T. PAUL �OE NCIL N0� `� �
OFFICE OF THE CITY CLERK
N IL RESOLUTION-GENERAL FORM
PRESENTED 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 Statu�es 471.56 and 475.66, is hereby
authorized and directed to invest surplus cash in the General
Fund and 5urplus Sinking Fund cash in general obligations of
the United States, of the State of Minnesota or any o� its
municipalities, and in securit�.es issued by the following
agencies of the United States: Federal Home Loan Banks, Federal
Intermediate Credit Banks, Federal Land Banks, and the Federal
National Mortgage 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
�he 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 powe�s conveyed upon the said
City Treasurer and the City Comptroller by City Council Resolution,
Council File No. 236763, approved January 23, 1968.
FC��fv APPR�`��E
.
As t. Curporati C un
pE� 11 1�69
COUNCILMEN Adopted by the Council 19—
Yeas Nays �� �'�
Carlson � ''
�-- . Approved 19—
Meredith � Tn Favor
Peterson '
Sprafku � Mayor
Tedesco A gainst
Mr. President, Byrne
' .�.�st�� � 18 1969
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DUPLICATE TO PRINTER ' �O• �(.E.� n�,��
CITY OF ST. PAUL couNCa �
OFFICE OF THE CITY CLERK �`E
COUNCIL RESOLUTION—GENERAL FORM
PRESEN7ED BY
COMMISSIONER DATF
RE�OLVED, Tha� the City Trea�urer, with tf;� approval of
�he City Comptraller, pursuant �o and in accordance with the
prova.sxons of Minn��ota �ta�ut�s 471.56 and 475.66, is hereby
authorized and da.r�cted to inve�t surplus cash in the General
Fund and surpl�aF Sinlcing rund cash in general obligations o�'
the Unit�d �;tatc��, r�f the State of Minnea�ota or any of its
m�icipalities, and in securiti�s issued by the following
agenc�.es of �he Unite� States: F'ederal Home Loan B�.n.ks, Fed�ral
Interr�ediate Credit naaz}�.s, Federal Land Banks, and the k'ederal
N�tianal r��rtgage Association, sai.d general abl.igat�.ons or
s�curitie� tn be �ayable in not to e�cceed on� year, and said
of�irers are €urther �uthoriZed to sell such abliga�ions, so
purGr�ased, at any time while �am� are �so held by the City, in
the event that the moneys so invested are needed for eacpenditures
to be ��ad� by the Gity; and be it
�'URT�JER �2�:;�OL"�TL1�, That �his �uthority and d3.reCtion shall be
�u;�plernental and in aadition to the powers conv�yed upan the said
Gity Treasurer and the City Comptrolle= by City Council Resc�lution,
Caur�cil File No. 2367�3, approved January 23, 1968.
���.� k. !" �:,�+��
COUNCILMEN Adopted by the Councit 19—
Yeas Nays
Carlson �;_��� �`�
�� ,/ Approved 19—
Meredith ( '
�
' Tn Favor
Peterson
Sprafku L' Mayor
Tedesco A Sainst
Mr. President, Byrne
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