220933ORIGINAL TO CITY CLERK ` "���
CITY OF ST. PAUL COUNCIL NO `.`
OFFICE OF THE CITY CLERK
D OYNdCEL nR�SOLUTION— GENERAL FORM
Ii
f
RESOLVED, That the substitution oft
$50,000.00 0. S. Treasury Bills, dated November 30,
1964, due November 30, 1965
for
$50,000.00 U.S. Treasury Bills, dated December 3,
1963, due November 30, 196+
as collateral security for deposits of public funds of the City
of Saint Paul with the Summit National Bank of Saint Paul, hereby
is authorized, approved, ratified and confirmed, such having been
done in conformance with the applicable statutes of the State of
Minnesota, and in compliance with the applicable statutory
securities, at the time of such substitution, had a market value,
together with the market value of the.original securities assigned
for the same purpose and for which no substitution had been made
sufficient to equal $110 for' every $100 of deposits of public funds
of said City with said bank.
FOR ROVED
Asst. Corporation Cou A
i;
I
1 COUNCILMEN
1. eas Nays
Dalglish
Holland
Loss
Meredith
Peterson
Rosen
Mr. President, Vavoulis
100 642
112 Tn Favor
Against
I
DEC 31964
Adopted by the Council 19—
PUBLISHED
DU ►LICAT! TO MtINTlR ��� A
CITY OF ST. PAUL COUNCIL NO
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED 2Y
COMMISSIONER nATE
for
RESOLVED, That the substitution of:
$50 000.00 U. S. Treasury Bills, dated November 30,.
1964, due November 30, 1965
$50,000.00 U.S. Treasury Bills, dated December 3,
1963, due November 30, 1964
as collateral security for deposits of public funds of the City
of Saint Paul with the Summit National Bank of Saint Paul, hereby
is authorized, approved, ratified and confirmed, such having been
done in conformance with the applicable statutes of the State of
Minnesota, and in compliance with the applicable statutory
securities, at the time of such substitution, had a market value,
together with the market value of the original securities assigned
for the same purpose and for which no substitution had been made
sufficient to equal $110 for every $100 of deposits of public funds
of said City with said bank.
DEC 3 1964
COUNCILMEN Adopted by the Council 19—
Yeas Nays DEC n 31984
Dalglish t+
Holland Approved 19—
Loss —In Favor -
Meredith
Peterson Mayor
Rosen —1)
Mr. President, Vavoulis
l0M 6-bs