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<br />, . , ~ ) <br />. ... <br /> <br /> <br /> <br />RESOLUTION NO. 180 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />VILIAGE OF NEW BRIGHTON <br /> <br /> <br />RESOLUTION APPROVING AGREEMENT AND SUBSTITUTION OF SECURITIES <br />ASSIGNED TO VILLAGE OF NEW BRIGHTON BY PUBLIC DEPOSITORY <br /> <br /> <br />WHEREAS designation of the First State Bank of New Brighton as depository of <br />public funds of Village of New Brighton has heretofore been author- <br />ized; <br /> <br />WHEREAS in consideration of its designation as a depository of public funds <br />of the Village of New Brighton, the First State Bank of New Brighton <br />executed agreement, approved by Village Council Qy Resolution No. 65, <br />superseded by Resolution No. 145, which assigns, transfers, and sets <br />over to said village certain securities of the total market value of <br />$245,000; <br /> <br />WHEREAS a new assignment of securities reflects the substitution of $45,000 <br />U.S. Treasury 3 3/4% Bonds due 5-15-66 for $45,000 U.S. Treasury 5% <br />Notes due 11-15-70. <br /> <br />NOW THEREFORE BE IT RESOLVED that the Village Council of the Village of New <br />Brighton approves the agreement and the assignment of securities <br />therein specified as follows: <br /> <br />$ 50,000 Federal Intermediate Credit Banks Due 8 - 1-66 <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 Notes Due ll-15-70 <br />25,000 U.S. Treasury Bonds Due 10- 1-69 <br /> <br /> <br />'I ..,- <br />Adopted this:'} V day of -:)~(,/ , '/" j'" ' l~. <br /> <br /> <br /> <br />[)~fl ~ <br /> <br />Mayor <br /> <br /> <br /> <br /> <br />ATTEST: <br />J:' " ,,} , <br />& ( / / / r ' /J2j/ ,d ," ., <br />'cle;k:T:~s;;~~ '" d // / / <. <br /> <br />(SEAL) <br />