228940ORIGINAL TO CITY CLERK
,i
PRESENTED BY
COMMISSION
CITY OF ST. PAUL
OFFICE OF THE CITY CLERK
CIL RESOLUTION - GENERAL FORM
r
FILE NO.
NO. o
WHEREAS, the Sinking Fund Committee of the City
of Saint Paul has designated the Northwestern National Bank
of St. Paul as a depository for receiving and holding funds
and moneys of said City and has fixed the sum of $450,000
as the maximum amount to be deposited in said Bank and has
requested the sum of $500,000 as collateral to secure such
funds and moneys; now, therefore, be it
RESOLVED, That the Council of the City of Saint
Paul hereby ratifies, adopts and approves the action of the
Sinking Fund Committee in designating the Northwestern National
Bank of St. Paul as a depository for receiving and holding
funds and moneys of said City, and fixing the sum of $450,000
as the maximum to be deposited in said Bank, and establishing
the sum of $500,000 as collateral to secure these funds and
moneys.
FOR APPROVE
Asst. Corporation Counsel
COUNCILMEN
Yeas Nays
Dalglish
Holland
Loss
Meredith
Peterson
Rosen
Mr. President, Vavoulis
Favor
J
A gainst
JUN 3 1966
Adopted by the Council 19—
JUN 3
Approved 19.._
Mayor
PUBLISHED JUN 119SSO
DUPLICATE TO PRINTER
CITY OF ST. PAUL COUNCIL NO
OFFICE OF THE CITY CLERK FILE
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER nATF
228940
WHEREAS, the Sinking Fund Committee of the City
of Saint Paul has.designated the Northwestern National Bank
of St. Paul as a depository for receiving and holding funds
and moneys of said City and has fixed the sum of $450,000
as the maximum, amount to be deposited in said Bank and has
requested the sum of $500,000 as collateral to secure such
funds and moneys; now, therefore, be it
RESOLVEDf That the Council of the City of Saint
Paul hereby ratifies, adopts and approves the action of the
Sinking Fund Committee in designating the Northwestern National
Bank of St. Paul as a depository for receiving and holding
funds and moneys of said City, and fixing the .sum of $450,000
as the maximum to be deposited in said Bank, and establishing
the sum of $500,000 as collateral to secure these funds and
moneys.
COUNCILMEN
Yeas Nays
Dalglish
Holland
Loss
Meredith
Peterson
Rosen
Mr. President, Vavoulis
Tn Favor
Against
.DUN 3 1966
Adopted by the Council 19—
.SUN 3 1S"
Approved 19_
.Mayor