221914 ORIGINAL TO CITY GL6WK
221��4
CITY OF ST. PAUL FOENCIL NO
OFFICE OF THE CITY CLERK
C U IL RE U ION-GENERAL FORM
��ESENTED 6Y �
COMMISSIONE DATF
RE�OLVED, That the substitu�tion of:
�' � �5,000,000.00 U. S. Treasury Bonds of 197�, � 1/8,�,
. dated Ja.nuary 15, 1965, due Febr�u.ary 15, 197�
for
, ' , �5,000,000.00 U. �. Treasurg Notes Series B-65, 3 1/2y6,
dated November 15, 1962, due November 15, 1965
as eollateral security for deposits of public ft�n.ds of the City '
of Saint Paul w�th �he First Natioflal Bank of Saint Paul, hereby ;
�is authorized, ratified and approved, such having been done in
eonformance with the applicable s�atntes of the State of Nlinnesota; '
that such substituted securities, at the time�.of such substitution, ;
had a market va.lue sufficient, together with the market value of the I
original collateral securities for said purpose, for whieh no sub- �
stitution was ma.de, equal to �110 for every �100 of deposi�s of i
public f�nds of said �ity with said bank. '
i
;
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FO APPROVED'��w� n„ '
�
' A�st. Corporatian Counse�
I �
; i
FEB16 � I
� ,
COLJNCILI�N Adopted by the Council 19— . �
Yeas Nays
Dalglish ��� 1 s � ,
u ,=R„� Approved 19— i
�--- y���� '\ i
Tn Favor
Meredith � I
Peterson � �yOr ! �
. A►gaiII3t i �
Rosen •
,
Mr. President, Vavoulis PUBUSHED FEB �0 19� I ,
1oM 6-64