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<br /> . ~ .' <br /> , , } <br /> RESOLUTION NO. 276 <br /> STATE OF HINNESOTA <br /> COUNTY OF RAVlSEY <br /> VILLAGE OF NEW BRIGHTON <br /> RESOLUTION APPROVING AGREEHENT AND SUBSTITUTION OF SECURITIES ASSIGNED TO <br /> VILLAGE OF NNd BRIGHTON BY PUBLIC DEPOSITORY <br /> WHEREAS Designation of the First State Bank of New Brighton as depository of <br /> the public funds of the Village of New Brighton has heretofore been <br /> authorizeed-: <br /> WHEREAS in consideration of its designation as a depository of public funds of <br /> the Village of New Brighton, the First State Bank of New Brighton <br /> executed agreement, approved by Village Council by Resolution No.65, <br /> amended by Resolution No. 145, superseded by Resolution No. 180 <br /> which assigns, transfers and sets over to said village certain <br /> securities of the total market value of $245,000; <br /> 'vlHEREAS as new assignment of securities reflects the substitution of $50,000 <br /> Federal Intermediate Credit Banks 5 7/8% due 5-1-67 for $50,000 <br /> Federal Intermediate Credit Banks 4.45% due 8-1-66 and the substitutior~ <br /> of $100,000. U.S. Certificates of Indebtedness 5i% due 8-15-67 for <br /> $100,000 U.S. Treasury notes due 8-15-66. <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 /> $ 50,000 Federal Intermediate Credit Ba,nks due 5-1-67 <br /> 100,000 U.S. Certificates of Indebtedness Due 8-15-67 <br /> 25,000 U.S. Treasury Notes Due 2-15-67 <br /> 45,000 U. S. Treasury Notes Due 11-15-70 <br /> 25,000 U.S. Treasury Notes Due 10-1-69 <br /> Adopted this ;) ,.) A<l . day of tJLJ~uj , 1966 <br /> L~(j;~ <br /> Hayor <br /> ATTEST: <br /> ! '-) <br /> {I A-r" (I,/: I <br /> ,.,I,j. .....<..",.... ,L,<^,. ..(,,,_4.-'''''' <br /> Clerk-Treasurer <br /> SEAL <br />