221338/1
ORIGIPAL TO CITY CLERK 221338
CITY OF ST. PAUL COUNCIL NO. _
OFFICE OF THE CITY CLERK FILE
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED
COMMISSI
RESMQEDO that the proper city officers are
hereby authorized and directed to establish a trust fund
to be known as the "Stadium Real Estate° account.
All proceeds from the sale of real property of
the stadium complex shall be credited to said account.
Expenses incurred due to the sale of the pro-
perty shall be charged to this account.
All extraordinary major maintenance costs may
be charged to this account.
With the approval of the Comptroller and the
City Councils, all capital improvements may be charged
to this account.
All funds not immediately needed shall be in-
vested by the Sinking Fund Committee. All interest --
earned on said investments shall be credited to the in-
terest account-for general debt as long as there is out-
standing bonded debt on said Stadium.
Be.XT FINALLY RSSO,IVEDO,that the Comptroller,
in accordance with Ordinance Number 126000 approved
November 20, 1963, is hereby directed to assign the
proper account number-to this trust account.
FO PROV
Asst. Comnration ounsel
COUNCILMEN
Yeas Nays
Dalglish
Holland
Loss
Meredith
Peterson
�ieae$-
. e Pr ". '
1965
Adopted by the Council AN 6 19—
Approved)AW 6 1965 19
In Favor A4,n aa_,�
d Actin =g Mayor
Against
PUBLISHED JM1 1
DUPLICATE TO PRINTER
CITY OF ST. PAUL FILE No NO
!` OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
RESOLVED, that the proper city officers are
hereby authorized and directed to establish a trust fund
to be known as the "Stadium Real Estate' account.
All proceeds from the sale of real property of
the stadium complex shall be credited to said account.
Expenses incurred due to the sale of the pro-
perty shall be charged to this account.
All extraordinary major maintenance costs may
be charged to this account.
With the approval of the Comptroller and the
City Council, all capital improvements may be charged
to this account.
All funds not immediately needed shall be in-,
vested by the Sinking Fund Committee. All interest
earned on said investments shall be credited to the in-
terest account for general debt as long as there is out-
standing bonded debt on said Stadium.
Be IT FINALLY RESOLVED, that the Comptroller,.
in accordance with Ordinance Number 12600, approved
November 200 1963, is hereby directed to assign the
proper account number to this trust; account.
COUNCILMEN
Yeas Nays
Dalglish
Holland
Loss
M-0-j@gMW Meredith
Peterson
else •
; � wesident, Vavoulis,
Mr. Vice •president (Rosen)
l0ri 6-62
221338
Adopted by the CounciAN 19—
JAN 6 1955
Approved 19—
In Favor
c> Mayor
Against