224169 � 2�'��.69
ORIGI✓��L Tif CITY CLHWK
� ��` �+ CITY OF ST. PAUL couNCi�
� OFFICE OF THE CITY CLERK FILE NO
' COUNCIL RESOLUTION—GENERAL FORM
�RESENTED EY � L�
COMMISSIONE DA
RE�OLVED, by the Council of the City of �aint Paul�
that Chapter 211, Laws of Minnesota for 1965, approved the
21st day of April� 1965� entitled
"AN ACT RELATING TO THE CITY OF SAINT PAUL;
AUTHORIZING THE INV�TMENT OF MUNICIP`AT�
�TNDS IN BANK �AVING`� CERTIFICATE�."
�
a certified copy of wh-3,ch is filed 1� rewith� shall be a.n.d said
Act hereby is in all things approved;
RE�OLVED FtTRTHER? that the City Clerk, as the chief
clerical officer of said Clty of Saint paul, shall forthwith
file with the �ecretary of State a certificate in form prescribed
by the gttorney General stating the essential facts necessary to
said approval of said Act hereunder a.nd including a copy of this
resolution of approval of said Act.
�. . - -
FOR PPROVED i
t, �r�poration Counsel
,���y 2 4196�
COi1NCILMEN Adopted by the Council 19—
Yeas Nays �� 2� ��5
Dalglish ° i
Holland - Approved 19—
Loss Favor / �- �� , �-
Meredith `
Peterson
� Mayor
� A gainst 1�
Rosen '
Mr. President, Vavoulis p�J$LI$HED � �'6
ions e-as
DU►LICATC Til rRIHT[R �����9
; - �� CITY OF ST. PAUL FO�NCIL NO
OFFICE OF THE CITY CLERK
J
COUNCIL RESOLUTION—GENERAL FORM
►�ESENTED tY
COMMISSIONE� DA�
RESOLVED, by the Counoil c�f the City of Saint Paul�
that Chapter 211� Laws of Minnesota t'or 1965� approv�d the
21st day of April� 1965� entitled
"AN ACT RELATIId(� TO THE CITY OF SAINT PAUL;
AUTHORIZINa Z'FiE IIdVESTMENT OF MtTNICIPAT,
FITNDS IN BANR SAVINGS CERTIFICATES."
a certified copy of which is filed Y� rewith� sh811 be and said
Act hereby is in all things approved;
RESOLVED FURTHER that the City Clerk� as the chief
cler3Qa1 officer af said C�ty of Saint paul� shall forthwith
file with the Secretary of State a certificate in form prescribed
_ by the A�torney General stating the essent3al facts necessary to
said approval of said Act hereunder a.nd ineluding s copy of this
resolution of approval of said Act.
JUN 2 41�f�
COUNCILA�N Adopted by the Council 19—
Yeas Nays JUN 2 419�5
Dalglish
Holland Approverl 19—
Loss Tn FanOr
Meredith
Peterson �yOr
_�_—_Agsinst
Rosen
Mr. President, Vavoulis
ion� sas
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• � ' • • H.F. No. 1046 �
. . �� ��� •' CHAPTER No. .
RELATING TO THE CITY OF SAINT PAUL; � '
' AUTHORIZ�NG THE INVESTMENT OF MUNICIPAL � �
_ FUNDS IN BANK SAVINGS CERTIFICATES. ' "' �
` . •• ' _ � - . .
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA�: •
' Section 1. Notwithstanding the provisions of any � • '
statute of this state or the charter of the city, of Saint ' .
' Paul to the contrary, said city is hereby authorized to
invesf any municipal funds not presently needed for other ,
. . ,
- _ purposes in certificates of deposit isaued by any state or �
national bank, provided the bank shall deposit a bond to .. , .
, •
• the city executed by a corporate surety company equal to -
• •the amount of .the certificate of deposit or� in lieu of . ' � �
such bond, shall assign to the city collatergl securities
-- for deposits in accordance with Minnesota Statutes 1961. _ _ ___
Section 118.01,, to the. extent such certificates of deposit , �
may not be insured under� the provisions of Minnesota� •
. Statutes 1961, Section 118.10, and any acts amendatlry
thereof. . . . �
� Sec. 2. Investments of such municipal funds shall be , -
made at the direction of the sinking fund committee.• This .
section is supplemental to any other statute or charter
- provision relating to disposition or administration of - _
municipal funds and supersedes such�provisions•only to the _ ;
• , �xtent that said provisions restricC or prohibit investments
• , .
now suthorized by law. � y ' � ' ,
• Sec., 3. This act shall become effective only after its •
approval by a majority of the go�erning body of the city,o£ ' • .
- . Saint Paul and upon compliance with the provisions of • � ' .�� ��; . -
Miinnesota Statutes, Section 645.02�. " • • �
� -
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' . ' � ' H.F. No. 1046 .
, y . ' ��� _ .
.. � , i' ' .
. Speaker of the Ho s o Rep esentativ s •: . ' .
;4? ` ��.� ��L�
� . ' - � President of the Senate.
. . _ ,
f � . N
� -�- -
� Passed the House of Representatives this 17th day of March ' � 'I • __ ^
; in the year of Our Lord one thousand nine hundred and � _ -
' sixty-five. � ' ' ' ` -
f , . , . ,
f
� • • , • .
t ` „
� Chief Clerk, Ho o epresen ative , -
3 . . .
� . _ .
� Passed the Senate this 13th day of April• in th year of Our.
Lord one thousand nine hundred and sixty-five. •
� � ' , - � i , .
� . • , . . •
x • - , � . ,
� � . � � � S cre afy of the S ate. , s
; , ' . � - , - �--- ' . �
b • �
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� Approved � � , , 1965 .
� � - � � �_�. .��:�. . � ; � �_ � .
� � � . . �� -
� � � , . :. Governor' of the State of-Minnesota. ,
- Filed ' a j 1965 ' . . ' �
. . �lJ� ' " • ' • '
� • � • , . -- _
. , , oC• � '
. , ' � , �- e eta y of the State of Minnesota.
' .. ' ; , ° . � I ,
. .-.. ' '_' '- � � '' _ F -• __ � - -- - - .._.. _ .
, , • : • _' .".._'. . ' , . ' . .
., . � � . ;• . , . . - .
� . . • ' , ' :.. 2� .. . • � •, ' ' I • • � -
" _._ , __.—_ . ------ _.._ , ,.,r.-..,._ . , .�,�__._�_ -- ._....Y�.._.__ v --___ � ..-.._.._..
i� . . .
Robert �Gerbe�, Jr. ��`'tT ''L Albert B. Olson
City Clerk and � a Council Recorder
Comm�sioner of Registrattion
�� _ ,� .
� - .:P „�
OFFICE OF THE CITY CLERK
CITY OF SAINT PAUL
. BUREAU OF RECORDS
388 City Hail
St.Paul,Minnesot�z 5610�
� June 28, 1965 ��� �
Hon. Joseph L. Donovan
Secretary of State
State Capitol
.St. Paul, Minnesota
Dear Mr. Donovan:
In comQliance with I,aws 1959, Chapter 368, M. S. 1g61, 645.021 or a�y
other laws applicable, I enclose herewith for filing in your office,
Certificate of Approval of the followirag special law by the governing
boc�y of the City of Saint Paul:
Chapter 211 AN ACT RELATING � THE CI`!�C OF SAINT PAUL; AUTHORIZING
THE INVF�S�1T OF MiTNICIPAL F[TNDS IN BANK SAVINGS CER-
TIF'ICATES.
Will you please ackr�owledge receipt of the Certificate and resolution
on this letter and return it to this office?
e ruly yours,
'�Vc�°
ity Clerk
. �
ng �
" STATE OF MINNESOTA
DEPARTMEIZT QF $TATE
_ • �. t L. � D
,1 t1� i - 1965
�.�,��, �°�.-�
Secretaiy of State
�sz