201737ORIGINAL TO CITY CLERK
Council File No. 201737 —By Bernard
T. Holland—
Whereas, In the matter of the group
insurance program now established for
CITY OF $T. .Saint Paul City employees group in-
sured under policies with The Minne-
-� OFFICE OF THE s°ta Mutual IAfe Insurance Company,
insurer ollc No 365379 -G in effect
IL R
p Y
UTIONprior to March 1, 1961 dividends have
accrued in substantial amounts by
reason of favorable mortality exper-
ience during the past several years,
and additional insurance coverage has
been afforded to such employees from
and by the application of such accrued
dividends; and
Council, by motion
,�SL,�r1?tG i ed that
NO 2017 3 7
WHEREAS, in the matter of the group insurance program
now established for Saint Paul City employees group insured
under policies with The Minnesota Mutual Life Insurance Company,
insurer, policy No. 365379 -G, in 'effect prior to March 1, 1961,
dividends have accrued in substantial amounts by reason of,
favorable mortality experience during the past several years,
and additional insurance coverage has been afforded to such
employees from and by the application of such accrued dividends;
WHEREAS, the Council, by motion adopted April 18, 1961,
determined that such accrued dividends for the policy year
March 1, 19600 through February 28, 1961, would be paid to those
persons covered under the employees group who were premium- paying
insured on February 28, 1961 and on March 1, 1961 and who had
been continuously insured for six months prior to March 1, 1961;
now, therefore, be it
RESOLVED, effective March 1, 19619that 25 per cent
of such accrued dividends, or an amount of approximately
$10,900.00, be returned to those employees described in the
preceding paragraph, such distribution to be made by The
Minnesota Mutual Life Insurance Company as soon as conveniently
possible; and be it
FURTHER RESOLVED, that the City Clerk be-and iche is
hereby directed to prepare a certified copy of this Resolution
and deliver the same to The Minnesota Mutual Life Insurance
Company without unnecessary delay.
COUNCILMEN
Yeas Nays
DeCourcy
Holland
Loss
Mortinson
Peterson
Rosen
Mr. President, Vavoulis
6M I5-60 2 '
In Favor
Against
ppR 211961
Adopted by the Council 19—
pp , 211961
pproved 19-
1
/ Mayor
( usLISWD ` qb 1
F-
OU►LIC • TL TO ►RINTCR - ••
.0
CITY OF ST. PA'JL COUNCIL NO. t' . e3
;ILE OFPCF OF THE CITY CLERK
C%, RESOLUTION— GENERAL FORM
PRESENTED BY
COMMISSIONER B. T. Holland _ DATE_ --
W1HMEAS, in the matter of the group insurance program
now established for Saint Paul City employees group insured
under policies with The Minnesota Mutual Life Insurance Company,
insurer, policy No. 365379•Go in effect prior to MarCh It 1961,
dividends have accrued in substantial amounts by reason of
favorable mortality experience during the past several years,
and additional insurance coverage has been afforded to such
eemxp�loyees from and by the application of such accrued dividends;
WHEREAS* the Council by motion adopted April 18, 1961,
determined that such accrued dividends for the policy year
March 1, 1960, through February 289 1962, would be paid to those
persons covered under the employees group who were premium -paying
insured on February 28, 1961 and on March 1, 1961 and who had
been continuously insured for six months prior to March 1, 1961;
now, thoref ore, be it
RESOLVED, effective March 1, 1961,thab 23 per cent
of such accrued dividends, or an amount of approximately
$1 0,900.00, be returned to those employees described in the
preceding paragraph, such distribution to be made by The
Minnesota Mutual Life Insurance Company as soon as conveniently
possible; and be it
FUITHER RESOLVED, that the City Clerk be andthe is
horoby directed to prepare a certified copy of this Resolution
-and doliver the same to The Minnesota Mutual Life Insurance
Company without unnecessary delay.
COUNCILMEN Adupted by the Council
Yeas Nays
DeCourcy
Holland Approved.
Loss 7
__In Favor George J. Vavoulis
Mortinson -- — - — - - - -- --
Peterson 0 Mayor
OFFICE OF THE COMMISSIONER OF FINANCE
t April .7 1
St ,haul 2, Minn., , 961
a -
You are hereby notified t the Council of the City of St. Paul will
congider the matter of c- plication, of First Security State
Bank of St. Paul, for permit to remodel existing drive —in
banking facility on the NE corner of University and
Raymond Aves.
and that a public hearing will be held in the Council Chambers of the
Court House and City Hall Building in the City of St. Paul, at 10:00
o'clock A.M. on April 20, 1961
BERNARD T. HOLLAND
File 15267 Page 1 Commissioner of Finance.
The City Charter requires this Notice be sent from the Department of Finance.