234577 � r►.A�µ�
� ORIG�INAL TO CITY CLERK ��Y/„�. 1 q O
CITY OF ST. PAUL couNCi� �' B"' ' "
• OFFICE OF THE CITY CLERK FILE NO.
GO � �IL ESOLUTION—GENERAL FORM
PRESENTED BY
� COMMISSIONE / / t / DATE
�
RESOLVED, That the substitution of
�100,000 U.S. Treasury Bonds of 1970, dated 1-15-65,
due 2-15-70,
� for
� �100,000 U.S. Treasury Bills dated i2-8-66, due
6-8-67,
as collateral security for deposits of public funds of the
� City of Saint Paul with the Summit National Bank of St. Paul,
hereby is authorized, 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 sufficient, together
with the market value of the original collateral securities . ,
� for said purpose , for which no substitution was made , equal
t to �110 for every �100 of deposits of public funds of said
! City with said bank.
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1 FOR ' PPROVED /
A st. Corpora ion Co nsel
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� q�C 81916�
� COUNCILMEN Adopted by the Council 19—
CYeas , Nays ' '
i ��� �u� �r 1���;
� Dalglish Approved 19..—
� Holland Tn Favor
' Meredith '
!� �� � " � Mayor
t A gainst
� Tedesco � ,
� Mr. President, Byrne PUBLISHED ��G �.219�1
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DUrLICATE TO rRINTER
� CITY OF ST. PAUL FIOENCIL NO. _
OFFICE OF THE CITY CLERK
, COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
� COMMISSIONER DATE
RESOLVED, Th�t the aubstitution of �
� �100,000 U.S. Treaeury Bonds o� 1970, dated 1-15-65,
due 2-15-70,
' for
�; �100 000 II.S. Treasury Bills dated 12-8-66, due
6-8-�7�
I as oollateral sevurity �or deposits of public funds of the
City o� Saint Paul with the Summit National Bank o� St. Paul,
hereby is authorized, ratified and approved, suoh having been
done in don�ormance with the applioable statutes of the State
, o� Minnesota; that euch substituted securitiea, at the time
� - of such eubatitution, had a market value �uf�iQient, together
with the market value of the original collateral seQUrities
�or eaid purpoae� for whioh no subs.titution �,�as made, equal
to �110 for every �100 0� deposits of public funds o� said
City with said bank.
AUG 8196�
COUNCILMEN Adopted by the Council • 19—
Yeas Nays �uG 81���
'(�ar}se�
Dalglish Approved 19—
Holland �Tn Favor
Meredith
��� � Mayor
Tedesco A Sainst
Mr. President, Byrne
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