245125 OR161NAL TO CITY CLERK 245��P�
CITY OF ST. PAUL FOENCIL NO.
� OFFICE OF THE CITY CLERK
I ,RESOLUTION-GENERAL FORM
-PRESENTED BY �
COMMISSIONE DATF
RESOLVED, That the substitution of
�300, 000 U. S. Treasury Bonds of 1972, 4°�0, dated
September 15 , 1g62, due August 15, 1g72,
for
�300,000 U. S. Treasury Bonds , 4�0, dated
January �.5, 1965, due February 15, 1g70,
as collateral security for deposits of public funds of the City of
Saint Paul with Commercial State Bank of St. Paul� hereby is auth or-
ized, ratified and approved, such having been done in conformance
with the applicable statutes of the State of Minnesota; that such
substituted securities , at the time of such substitution, had a
market value sufficien�, 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.
F APPROVEO �
Asst. �orporatan Cout�se{
AUG 'S1969
COUNCILMEN Adopted by the Council 19—
Yeas Nays �� 5 1�69
Carlson
pprove 19—
�
Meredith �n Favor
r-
Sprafk� !,� Mayor
A gainst I���
Tedesco
�'�t�' '°' .� :=�7���� PUBLISNEP AUG 9 1969
Mr. Vice Preaiden� . �
I O
� � �
DUPLICATE TO PRINTER ����-�C,)
CITY OF ST. PAUL �LENCIL NO.
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DATF
R�SOLVED, That the substitution of �
�300,000 U. S. Treasury l�onds of 1972, 4 fo, dated
Septeruber 15, 1962, dus .:ugust 15, 1972,
for
�300,C�U0 U. S. Treasury Bonds , 4�0, dated
�anu�ry 15; 1965, due Febriiary 15� 1970,
as collatera� security for depo�its� of public funcls of the City of
Saint x anl iaith Commercit�l State Baxili of '��t. 1'aul, hereUy is aut'�or—
ized, ratifiec� and �,�aproved, such having been done in canformance
with the aPplic able statutes of the State oY I�innesota; that such
substituted securities , at the ta.me of �uch substitution, had �
market value sufficient, together with the mnrket value o� the
original collateral securities �or said purpose, for �ahich na sub—
stitution was �uade, equal ta �110 for every �100 af deposits of
public funds of said C�ty with said bank.
+'-`�r�,��a� „ ���'�
COUNCILMEN Adopted by the Council 19—
Yeas Nays , .
���, +`�� ; ���+
Carlson
�$��_ Approve� 19—
Meredith �ln Favor
p..+ w....w
Sprafku � Mayor
A gainst
Tedesco
Mr.Pres�de�t;�'Byx�n� :_,.�.
t.. .,�! ._�.
. .� . . . .
�O