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<br /> ,.. <br /> " <br /> , ... <br /> '" -. 1 <br /> )., ,.. <br /> RESOLUTION NO. (b 6--~ ? <br /> STATE OF MINNESOTA <br /> COUNTY OF RAMSEY <br /> VILLAGE OF NEW BRIGHTON <br /> RESOLUTION APPROVING AGREEMENT AND ASSIGNMENT OF SECURITIES <br /> IN LIEU OF BOND BY PUBLIC DEPOSITORY <br /> WHEREAS designation of the First State Bank of New Brighton as depository of <br /> the public funds of the Vii lage of New Brighton has heretofore been <br /> authorized, and <br /> WHEREAS in consideration of its designation as a depository of public funds <br /> of the Vii lage of New Brighton, the First State Bank of New Brighton has <br /> executed an Agreement which assigns, transfers, and sets over to said vi Ilage <br /> those certain securities described as follows, to-wit: <br /> $ 50,000 Federal Intermediate Credit Banks Due 11-1-65 <br /> 100,000 U.S. Treasury Notes Due 8-15-66 <br /> 25,000 U.S. Treasury Notes Due 2-15-67 <br /> 45,000 U.S. Treasury Bonds Due 5-15-66 <br /> 25 , 000 U.S. Treasury. Bonds Due 10-1 -69 <br /> of the total market value of $245,000. <br /> NOW THEREFORE BE IT RESOLVED that the Vi I lage Counci I of New Brighton approves <br /> the Agreement, a copy of which is attached hereto and made a part hereof, the <br /> securities therein specified, and the assignment thereof. <br /> Adopted this ;;" fZ day of Q //.,//["/ . 1965--: <br /> / <br /> f)~tl ~ <br /> Mayor <br /> ".'''>.., i <br /> I f <br /> I:" r I <br /> . V~ ...<' f/, .,; <br /> " ,.' ,,~ "..J "' ,"-' <br /> ATTEST: Vi Ilage Manager <br /> ~~~~n~ <br /> Village lerk-Tre surer <br /> ( SEAL) <br />