Loading...
228941ORIGINAL TO CITY CLERK .I- PRESENTED BY COMMISSION CITY OF ST. PAUL ICE OF THE CITY CLERK RESOLUTION - GENERAL FORM COUNCIL ` A117 FILE NO.-' WHEREAS, the Sinking Fund Committee of the City of Saint Paul has designated the Northwestern State Bank, St. Paul, Minnesota, as a depository for receiving and holding funds and moneys of said City and has fixed the sum of $90,000 as the maximum amount to be deposited in said Bank and has requested the sum of $100,000 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 State Bank, St. Paul, Minnesota, as a depository for receiving and holding funds and moneys of said City, and fixing the sum of $90,000 as the maximum to be deposited in said Bank, and establishing the sum of $100,000 as collateral to secure these funds and moneys. FO APPROVED Asst. Corpor tion Counsel COUNCILMEN Yeas Nays Dalglish Holland Loss Meredith Peterson Rosen Mr. President, Vavoulis ,UVA 3 Adopted by the Council 19- JM 3 Appro d 19— Favor , Mayor �i�gainst PUBLISHED JUN 111966 DUPLICATE TO PRINTER 1 CITY OF ST. PAUL COUNCIL NO. ����_- OFFICE OF THE CITY CLERK FILE COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER nATF WI1EREAS,, the Sinking Fund Committee of the City of Saint Paul has designated the Northwestern State Bank, St. Paul, Minnesota, as a depository for receiving and holding funds and moneys of said City and has fixed the sum of $90,000 as the maximum amount to be deposited in said Bank and has requested the sum of $100,000 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 State Bank, St. Paul, Minnesota, as a depository for receiving and holding funds and moneys of adid City, and fixing the sum of $90,000 as the maximum to be deposited in said Bank, and establishing the sum of $100,000 as collateral to secure these funds and moneys. COUNCILMEN Yeas Nays Dalglish Holland Loss Meredith Peterson Rosen Mr. President, Vavoulis 31jt4 -3 10 Adopted by the Council 19— j11t4 3 Approved 19— In Favor 6 Mayor Against