227300ORIGINAL TO CITY CLERK
PRESENTED BY
COMMISSIONI
for
CITY OF ST. PAUL
OFFICE OF THE CITY CLERK
M MOLUTION— GENERAL FORM
RESOLVED, That the substitution of
COUNCIL 227300
FILE NO
$200,000 Treasury Bills, .915o4
65915059 dated Januay , 196, due July 77 1966
,
$200,000 U. 'S. Treasury Notes, 4% dated
February 15, 1962, due August i5- 1966, Nos.
104627 23366, with February 15, 1966— s.c.a.
as collateral security for deposits of public funds of the City of
'Saint Paul with The Downtown State Bank of St. Paul, hereby
is authorized ratified and approved, such having been done in
conformance Uth 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 to $110 for every $100 of deposits
of public funds of said City with said bank.
st. Corporation Counsel
COUNCILMEN
Yeas Nays
Dalglish
Holland
Loss
Meredith
Peterson
Rosen
Mr. President, Vavoulis
ions 6.62
F EB 15 "66
Adopted by the Council 19—
FEB 151966
pprov d 19—
Favor ,
`J Mayor
Against
.PUBLISHED FED 19 1966
DUPLICATE TO PRINTER
CITY OF ST. PAUL COUNCIL NO .427300
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DAB
for
RESOLVED, That the shbstitution of,
$200,000 U. S. Treasury Bills, Nos. 6591504 -
6591505, dated Januay 6, 1966, due July 79 19669
$200,000 U. S. Treasury Notes, 4% dated
February 15, 1962, due August 15 1966, Nos.
10462, 23366, with February 15, 1966 and s.c.a.
as collateral security for deposits of public funds of the City of
Saint Paul with The Downtown State Bank of St. Paul, hereby
is authorized ratified and approved, such having been done in
conformance 2th 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 to $110 for every $100 of deposits
of public funds of said City with said bank.
COUNCILMEN
Yeas Nays
Dalglish
Holland
Loss
Meredith
Peterson
Rosen
Mr. President, Vavoulis
IOU e-bs
FEB 1. 5 1.966
Adopted by the Council 19—
FEB 15 1966
Approved 19—
Tn Favor
0 Mayor
Against