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201408ORIGINAL TO CITY CLERK CITY OF ST. PAUL - OFFICE OF THE CITY CLERK -COUNCIL RESMUTION- GENERAL FORM COUNCIL NO. 201408 FILE RESOLVED, that Northwestern State Bank, designated as a depository -of a portion of moneys of the City of Saint Paul, subject at all times to applicable statutory requirements, among other things, for the furnishing and maintenance by said Bank, on deposit with the Commissioner of Finance, of bonds of the United States Government in an amount equal to the maximum amount of money of said City at any time on deposit with said bank, under and pursuant to the prior resolution of this Council, C.F. 199779, approved April 20, 1960, having offered to substitute for U. S. Treasury Bond # 7082, Principal Amount $100"000.00, bearing interest 2 1/2% annually, due August 15, 1963, deposited by said Bank for said purpose with said Commissioner of Finance, pursuant to said Bank's proposal therefor, the withdrawal of said U.S. Treasury Bond now on deposit and the substitution therefor by said Bank, for said security pur oses, of U.S. Treasury Bonds bearing the principal amount of $100,000.00, bearing interest at 3 3/8% per annum, due November 15, 1966, hereby is authorized and the proper City officers hereby are authorized to permit said proposed withdrawal contingent upon said proposed substitution. Council File No. 201408 — By Bernardi T. Holland- { Rsolved, That Northwestern S t a t e Bank, designated as a depository of a portion a , ubjectoat alof im s to applicable statutory requirements, among other{ things, for the furnishing and main- i tenance by said Bank, on deposit with the Commissioner of Finance, of bonds * r of the United States Government in an amount equal to the maximum ! amount of money of said City at any t time on deposit with said bank, under and pursuant to the prior resolution of j LIT i �r l u� c .r C w� 199779, approved MAR 2 9 1961 COUNCILMEN T Adopted by the Council 19— Yeas Nays B- MAR 2 9 1961 Holland Approve 19— Loss Tn Favor Mortinson , PeteiTom gains t• 1 Mayor Rosen 1'UfiLi�tll:D Mr. President, V-ayai1 ,8M 8.so 2 M DUPLICATE TO PRINTER 2014 CITY OF ST. PAUL F `f �J 8 LENCIL NO. OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRES N�'''JX CO MISSIONER DATE RESOLVED, that Northwestern State Bank, designated as a depository of a portion of moneys of the City of Saint Paul, subject at all times to applicable statutory requirements, among other things, for the furnishing and maintenance by said Bank, on deposit with the Commissioner of Finance, of bonds of the United States, Goverment in an amount equal to the maximum amount of money of said City at any time on deposit with said bank, under and pursuant to the prior resolution of this Council, C.F. 199779, approved April 20, 1960, having offered to substitute for U. S. Treasury Bond # 7082, Principal Amount $100;000.00, bearing interest 2 1/2% annually, due August 15, 1963, deposited by said Bank for said purpose with said Commissioner of Finance, pursuant to said Bank's proposal therefor, the withdrawal of said II:S. Treasury Bond now on deposit and the substitution therefor by said Bank, for said security pu oses, of U.S. Treasury Bonds bearing the principal amount of1lOO,O00.00, bearing interest at 3 3/8% per annum, due November 15, 1966, hereby is authorized and the proper City officers hereby are authorized to permit said proposed withdrawal contingent upon said proposed substitution. COUNCILMEN Yeas Nays Der,ou .� Holland Loss Mortinson Petergm Rosen Mr. President, *avetth 5M 6.60 O!W 2 MAR 2 9 1961 Adopted by the Council 19— BAR 2 9 1951 Approved 19— Tn Favor , d Mayor Against 1'UI3L15111�.D�,��� t