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<br />, <br /> <br />t!<t. '" -.1'\, <br /> <br />RESOLUTIONNO& 1034 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />VILLAGE OF NEW BRIGHTON <br /> <br /> <br />RESOLUTION APPROVING AGREEMENT AND SUBSTITUTION OF SECURITIES <br />ASS IGNED TO VILLAGE OF NEW BRIGIm~N'BY' PUBLIC DEPOSITORY <br /> <br /> <br />WHEREAS designation of the First state 'B'ank of New Brighton <br />as depository of/the public funds of the villag.e of New Brighton <br />has heretofore been authorized: <br /> <br />WHEREAS in consideration of its designation as depository <br />of public fu~ds of the village of New Brighton, the First State <br />Bank of New Brighton executed agreement, approved by the village <br />Council of New BrightorCby' Res9.):ution"'NO~ ~929,which assigns, <br />.,. < l'i..'. 't ~ <br />transfers, and sets over t'o sa::id ~v'il'laJ:je',.certain securities of <br />the total max-ket. value qf$44E, 000: <br />. 'i, :", ," ~': ~". ~ ;'~ : "',',~: ': : ,: i -i> t ' <br />W$REAS~' :new as'Si9nm~n~ '.o.t"4s~curi.ttiesreflects the <br />following pleSl9e.,(l secuX;,i~~e~: . . <br />, , :.. ,~ : ., < ~ . , <br />. , ',;.,,~, ' " ., .' :_" ~: . <'I< ,~ ,.:. ., "_~'.. <br /> <br />$445,000 Federal Intermediate-~r~di~i~ariks Due 7/1/75 <br /> <br />NOW THEREFORE BE IT RESOLVED, That the Village Council of <br />New Brighton approves 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 25th day of January 1972. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />i., <br /> <br />.~ <br />Mayor <br /> <br /> <br /> <br /> <br />/l <br /> <br /> <br /> <br /> <br /> <br />. ATTEST: <br /> <br /> <br /> <br />~e.~~ <br /> <br />Vernon C. Pederson, Clerk-Treasurer <br /> <br />~. " <br /> <br /> <br /> <br />(SEAL) <br />