217176 ' ��`�rt�_��
ORIGINAL TO CITY CLERK • � ,�� r�JLjj�l �^ ��� �
� � CITY OF ST. PAUL�D � Z , o ci�
" '` OFFICE OF THE CITY �CLERK I L E N O. –
.�•�-
, U OLUTION—GENERAL FORM
�•r
PRESENTED BY r '�'�
COMMISSIONE I�rY DATF
� .
RE�OLV�D� Tha� pursnan.� to Minnesota �tatt�tes� �
See. 118.01, and pnrsuaA.t to the� Saint Fa�l� I�Ii.n�esota,
City Gharter, See. 189, the-�Fed.eral Rese�ve Banic of Minneapolis
is hereby designated as depo�itory fo� t�i� aafekeeping of
Qollateral sec�urity deposited with and a�signed to the Gi�y
of �air�t Pat�:l. a� seeurity foP its deposits� of p�t�lio f�nds; and
Fl�RT1� xESOLVED� Tl�at the� Federal Re serve� BanY�of -
Min.neapolis shall iss�e� a reaeipt for the� deposit� of aollateral
secaurit� refleattve of the� �tran�aQtion and its� e�stod�ial �tatus
in �espec�� of �he st�b�eat of �he deposit� iAaluding, amo�g
other tY�ings, pPOQi�io�� i'or its r�mitta�ae of int�rest on
the sub�eat aollater-al a� re�Qe�i�ea�- by it, from time �o time,
,�o the deposi�ory bank eoneerned� sncsh �reaeipt� �o� be filed
a� the Sain.t Pa�l, Mi�nesota� �itg Eharster pravidea; and
,
? F`�TI�a RF�OVgED� T�iat the proper City offiaerg are
;hereby a�thorized to enter into an'agreemeAt �rith� �he Federal
�?e seree Barak of Minneapoli s in a f'orm approved by the Corporation
�oun�el of the Gitg of' �aint Faul to effeetuate� the� provisions �
of this R�sol�tion. -
' � TTn. 217176—By James J.
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• �,.. �u_,sant to Minnesota
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Asst. Cor atior� Counsel x
�
r ! � MAR 2� 1g��
� COUNCILMEN Adopted by the Council 19— •
, Yeas � Nays
Dalglish . � �pR � ;� '�� � ,
r A o ed 19—
� Holland �
Loss
• In Favor �
Peterson - � � Mayor
A gainst
Rosen .
Mr. President, Vavoulis _. - ' ` `'• �� -
+ • - `•` ' � .
iont s-sz ' • t' �, ,
1 i '7 .. '_ . .. • .
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w�. � � �_
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DUrLIGATE TO rRINTER ' � _ +�
CITY OF ST. PAUL FOENCIL NO. _
y - OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DATE �
RESOLVED� That pursuant to Minnesota Statutes,
Sec. 118.01, and pursuant to the Saint Paul, Minnesota,
City Charter, Sec. 189� the Federal Reserve Bani� of Minneapolis
is hereby designated as deposi.tory for the safekeeping of
collateral security depos3.ted with and assigned to the City
of Saint Paul aB security for its deposits of public funds; and
FTJRTHER RESOLVFD, That the Federal Reserve B�nk of
?�Iinneapolis shall issue a receipt for the deposits of collateral
security reflective of the tran�action an.d its custo3ial status
in respect of the sub�ect of the deposit, including, among
other things� provisions for its remittance of interest on
the sub�ect collateral as received by it� from time to time,
to the depository bank concerned, such receipts to be filed
as the Saint Paul, Minnesota, City Charter provides; and
FURTHER RESOLVED� That the proper City officers are
hereby authorized to enter into an agreement with the Federal
Reserve Bank of Minneapolis in a form approved by the Corporation
Counsel of the City of Saint Paul to effectuate the provisions
of this Resolution.
�'�R 2 019b��
COUNCILMEN Adopted by the Council 19—
Yeas Nays ,
Dalglish ��l�p_� � ri ��u�
Holland Approved 19—
�g� Tn Favor
'���.,--
Peterson Mayor
Rosen �—Against
Mr. President, Vavoulis
iont s-sa