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<br /> , " ~. \,. <br /> " !, \ I ~ <br /> 'f , , .. ,. <br /> RESOLUTION NO_! 711 <br /> STATE OF MINNSSOTA <br /> COUNTY OF RAMSEY <br /> VILLAGE OF NEW' BRIGHTON <br /> RESOLUTION APPROVING AGREEMENT AND SUBSTITUTION OF SECURITIES <br /> ASSIGNED" TO VILLAGE OF NEW BRIGHTON BY PUBLIC DEPOSITORY <br /> WHEREAS designation o~ the First State Bank of New Brighton <br /> as depository of the public: funds of the Village of New Brighton <br /> has heretofore been authorized: <br /> WHE,REAS in consideration of its designation as depository of <br /> , .. public funds of ~he Village of New Brighton, the First State Bank <br /> of New Brighton executed agreement~ approved by the Village <br /> .Courmil of New Brighton by Resolution No. 65-66, which assigns, <br /> 'transfers, and sets over to said Village cert~in securities of <br /> ,the total market value of $245,000; . <br /> '., . WHEREAS a new assignment of securities reflects the following <br /> pledged securities: <br /> $50,000 FederaL tntermediateCredit Banks Due 5/4/70 <br /> $50,000 U.S. Treasurf Notes 5/15/71 <br /> $75,000, U.S. Treasury Notes 11/15/70 <br /> $25,000 U.S. Treasury Notes 10/ 1/69 <br /> $45,000 U.S. Treasury Notes 11/15/70 <br />.'"< NOW THEREFORE BE IT R:&SOLVED, Tnat the Village Council of <br /> New Brighton approve the agreement, a copy of which is attached <br /> ,hereto and made a part thereof, the securities therein specified <br /> and the assignment thereof. <br />, <br /> Adopted this 12th day of August, , 1969. <br />.. <br /> . ~ . <br /> f)~{j'. ~ <br /> Donald A. Anderson, Mayor <br /> ATTEST: <br /> -v;;-~fa~ <br /> Vernon pederson, Clerk <br /> ,. ", <br /> :,~" " \' " <br />.~r . ., , <br /> , ," <br /> . , '. <br /> (SEAL) <br /> F , '., <br /> . ~".:' ; ,] .:~ .: " , ' , , <br /> ~ <br />.. .. ~ '~~. -',. . <br />" , <br /> .- . ~ ..~ ; tel-~ <br /> ,. ~~' ~'>, ( '{J':-" <br /> , , . :- ~b. t. '- , <br />"P,. . '-.'., <br />