244411 �
ORIGINAL TO CITY CLERK CI I 1 OF ST. PAUL COUNCIL 2���� �
OFFICE OF THE CITY CLERK FILE NO.
NCIL R TION—G E L FORM
PRESENTED BY
COMMISSIONE
RESOLVED, That the substitution of
�3,000,000 U. S. Treasury Bonds of 1967-72,
22�0, due December 15, 1972,
for
�3, 000,000 U. S. Treasury Bonds of ig64-6g,
22�, due December 15 , 1g6g,
as collateral security for deposits of public funds of the City
of Saint Paul with The First National Bank of Saint Paul,
Minnesota, hereby is authorized, ratified and approved, such having
been done in conformance with theagplica ble 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
purpose , for which no substitution was made, equal to �110 fo r
every �100 of deposits of public funds of said City with said
bank.
F APPROVED i
. Asst. Corporatioa Cou
JUN 1 1 1'�9
COUNCILMEN Adopted by the Council 19—
Yeas Nays
Carlson JUN 1 1 1969
��_ , pproved 19—_
Meredith � Tn Favor
Peterson �
ayor
Sprafka � Againat
Tedesco
Mr. President, Byrne PUBLISHEr �11.N 14 1969
0
DUPLICATE TO PRINTER ���p�� �1
CITY OF ST. PAUL �OENCIL N0. ___.��
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION-GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
R.ESOLV]CD, That the substitution af
�3,0OO,OUO U. S, Treasury Bonds of ig67-72,
2z�o, due 1Jecember i�, 1972,
for
�3,004,000 U, S. Tre�,sury Bonda o� 1964-69,
22�0, due December 15, 1969,
as collateral security for deposits o� public funds of the City
o� 5aint Paul with The First National Bank oY Saint Paul,
Minnesota, hereby ia authorized, ratified and �pproved, such hftving
been done in eonformance with theapplicable statutes of the 5tate
of Minnesota; that such �substituted securities, at the time of
such substi�tution, had a market value sufficient, together with
tile market value of the ariginal collateral securities for aaid
�urpose, for which no subst3tution was made, equal to �110 fo r
every �100 of deposits o� public funds of said City with said
bank.
COUNCILMEN Adopted by the Council 19—
Yeas Nays
Carlson �
r�,�ni;a�, Approved 19—_
Meredith Tn Favor
Peterson
Sprafka � Mayor
Tedesco Against
Mr. President, Byrne
O