227629 ' �.TO CITY CLERK � r�,���.,7/�d� '
� %, CITY OF ST. PAUL couNCi� "-°
' � OFFICE OF THE CITY CLERK FILE NO.
� + - � C U I ESbLUTION—GENERAL FORM
PRESENTED BY �
COMMISSIONE DATE —
1
RE� I,VED� That the substitution of
$125,000 II. `�. Treasury Notes� 4-7/8�, dated
� February 15� 1g66, due A�zgust 15� 1967
f or
�125,000 II. �. Treas�ry Notes� 3-5/8�� dated
� Nisy� 15,. 1962 9 due �'ebruary 15, 1966,
as collateral securi�y for deposits of public funds of the
City of �aint Paul with the Guaranty State Bank of �sint �aul�
hereby is authorized, ratified and approved� sucY� having been
done in conformance with the applieable statutes of the �tate
of Minnesota; that such snbstituted securities� at the time
of suc�i substitution� had a market value sufficient� together
with the market value of the original collateral securities
for said purpose� for which no s�.bstitution was made, equal
to $110 for every $100 of deposits of public fnnds of sa3.d
City with said Bank. ,
� f ,
�ORM APPRpVED � , �
i / _
` st. Corporation Counsel ,
. , ` ' •
� 1 p 19��
COUNCILI►�N Adopted by the Council 19—
Yeas Nays
Dalglish �dlAp � o ����
evsra�
Holland Approve�i 19.�
Loss � Tn Favor �
Meredith � �
Peterson � MaYor
A gainst
Rosen I�UBLISHffl �R �,�,�, ����
Mr. President, Vavoulis '
� DUrLICATE TO rRINTER
- CITY OF ST. PAUL FIOENCIL NO. � 9
OFFICE OF THE CITY CLERK �
COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DATF _
.
RE�OLVED� That �he subs�itution oP
$125�000 II. S. Treasury Notes� 4_7/8,�� da�ed
February 15� 1966� due August 15� 196'7
f or
�125�000 II. �S. Treasury Notes� 3-5/8�� dated
May 15� 1962� due February 15� 1966,
as collateral security for deposits of public funds of the
City of �aint Paul with the Guaranty S�ate Bank of Saint Paul�
hereby is authorized, ra�ified and appr oved such having been
done in conformance with the applicable sta�utes 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 for every �100 of deposits of public f�,it�,ds of said
City with said Bank.
NI� 1019fi�
COIJNCILMEN Adopted by the Council 19._
Yeas Nays `
Dalglish �A��, 1 0 ���
�P.��dsu�� �lJ
Holland Ar ved 19.^
Loss
Tn FavOr
Meredith
Pete rs on �SyOr
�gainst
Rosen
Mr. President, Vavoulis