227017ORIGINAL TO CITY CLERK
r,
PRESENTED BY
COMMISSIONE
for
CITY OF ST. PAUL
OFFICE OF THE CITY CLERK
CIL RESOLUTION - GENERAL FORM
COUNCIL
FILE NO
RESOLVED, That the substitution of:
$3,0007000.00 U- S. Treasury Notes Ser. D -67, 4 -1/4 %,
dated November 15, 1965, due May 15, 1967
$3,000,000.00 U- S. Treasury Bonds of 1974, 4 -1/8 %,
dated January 15, 1965, due February 15, 1974
- ' as collateral security for deposits of public funds of the City
of Saint Paul with The First National Bank of Saint 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 pur ose, for which no
substitution was made, equal to $110 for every 9100 of deposits of
public funds of said City with said Bank.
FO PPROVE
Asst. Corpo tlon Counsel
COUNCILMEN
Yeas Nays
Dalglish
Holland
Loss
Meredith
fPresi Pete -rfsWr
Mrden t,
4
ions 6-es
Tn Favor
Against
Adopted by the Council 19—.
Annroved 19—
Mayor
'PUBLISHED FEB 5 1966
DUPLICATE To MINTER
CITY OF ST. PAUL COUNCIL
OFFICE OF THE CITY CLERK FILE
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED tr
COMMISSIONER DATE
Yeas
for
RESOLVED, That the substitution of:
$3,000,000.00 U. S. Treasury Notes Ser. D -67, 4 -1/4 %,
dated November 15, 1965, due May 15, 1967
$3 000,000.00 U. S. Treasury Bonds of 19749 4 -1/8 %,
dated January 159 1965, due February 15, 1974
as collateral security for deposits of public funds of the City
of Saint Paul with The First National Bank of Saint 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 to $110 for every $100 of deposits of
public funds of said City with said Bank.
COUNCILMEN
Dalglish
Holland
Loss
Meredith
Peterson
Mr. Xr ent,
10M s-a
Nays
s
In Favor
a
Against
3 AN 2 a 1966
Adopted by the Council 19.—
Approved 19—
Mayor