217985 d
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ORIGINAL TO CITY CLERK j� • H���(1�
', CITY OF ST. PAUL FOENCIL N�. + "
�� OFFICE ,OF THE CITY CLERK
C CIL RE LUTION—GENERAL FORM
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PRESENTED BY
COMMISSIONE DATE
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ESOLVED, That the substitution of:
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"�5,',000,000.00 U. S. Treasury Notes Series F-C4,
3 3/4� due November 15, 1964, dated August 15� 1963"
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f or �� `
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. "$5,000,000.00 U. S. Cert�ficates of Indebtedness
Series C-;63, 3 1/2� due August 15, 1963, dated August 15,
1962" �� .
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as collateral j`security for -deposits of public funds of the City
of Saint Paul with The Fir st National Bank of Saint Paul
hereby is auth'o�i�ed, ratified a.nd approved, such having�been
done in conformance with the applicable statutes of the State of
Mi nnesota; �hajt such substi�uted securities, at �t�;,��t�ime of suah
substitution, had a market value su�'ficient� togr�j with the
market valtze of the original aollateral securitie�'s o said purpose�
for which no substitution was made equal to �110 for every $100
of deposit�,:of�p public funds of sai�. City with said bank.
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�f I Co�c�ll�File No. 217985—By James J. i
�l � Resolved, That the substitution oi: J
' ";5,000,000.00 U. S. Treasury Notes ;
�' ` Series F-84, 3?i% due November 15, +
_� 1964, dated August 16, 1983"-
;; �for • , • � �
r. "$5,000 000.00 II. S. Certificates-o! �
�� Indebtec�ness Series C-83, 312% due �
6 98gust 15', 1983, dated August 15, ?
�� as collateral security for deposits of �
� publiC funds of the City ot Saint Paul
with The First National Bank of Saint f
�i Paul, hereby is authorized, ratl8ed and j
�/� approved, such having been done in �
`�'„��--- conformance with the applicable stat- -
utes o£ the State of Minnesota; that �
�� OR OF LAW t such substituted securities, at the time ''
�! of such substitution, had a market �
': value sufflcient,together with the mar-
ket value of the original collateral sec- '�
�` urities for said purpose, for which no
�� substitution was made, equal to E110 �
for every y100 04 deposits of public ;
�f funds oi said City with said bank. �
Adopted by the Council May 7, 1964.
�! Approved May 7, 1964. _ j
(May 9, 1964) ,
�� - - IdiAY 7 196�
COUNCILMEN {� Adopted by the Council 19—
Yeas Nays �• �°
Dalglish 'p 1
� �1AY '� 196a
I�ei�and* �� /' pprov d 19_
Loss ',` � � .
� n Favor �
Mortinson �f ��
Peterson �� Mayor
!, A gainst
ReBea– ��
Mr. President, Vavoulis i�
iont a-sz �� ` '
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