Laserfiche WebLink
<br />,. -" <br />, <br />IIC " <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />I <br /> <br />RESOLUTIClT NO. 355 <br /> <br />STATE OF MmNESOTA <br />COUNl'Y OF R.A1IiSEY <br />VILLAOE'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 <br />of the public funds of the Village of New Brighton has heretofore <br />been authorized: <br /> <br />~ ''.. " ( ~-' , <br /> <br />'WHEREAS ill consideratlo,ti of its designation as a depository of public <br />funds qf~,the, Village of New Brighton, tPe First State Bank of <br />, Ne}f Brighton exee1.ited agreement,'approved by the Village Council <br />'of-NewBtightonby'Resolution No. 65~65~ which assigns, transfers, <br />and,sets Qver to, said Village certain securities of the total <br />m.a.rke"tvalu~ ,of $245,000: ' . <br /> <br />WHEREAS a new assignment of securities reflects the following pledged <br />securities: <br /> <br />$50,000 Federal Intermediate Credit Banks Due 5-1-67 <br />$50,000 U.S. Treasury Notes Due 5-15-71 <br />$75,000 U. S. Treasury Notes Due 11-15-70 <br />$25,000 U~ S. Treasury Notep Due 10-1-69 <br />$45,000 U. S. Treasury Notes Due 11-15-70 <br /> <br /> <br />NOW THEREFORE BE IT RESOLVED that the Village Councii of New Brighton approves <br />the agreement, a copy of which is attached hereto and made a part <br />thereof, the securities therein specified and the assignment thereof. <br /> <br /> <br />Adopted this+day {)f February, 1967. ',/i <br /> <br />// / 't - 1 <br />~ I /7,./;/, <br />',' \tJ.fitl.t:t Cf, .l-~L~.kLOvJ <br />MaY~~ / (/ :L''J 7 <br />,/ f/ 1/. " <br />--' J <br />(:- tL~:l:J ./ ~ , <br /> <br />~ . ,; (, <br /> <br />Man <br />ATTEST: <br /> <br />J~ /2~. <br />Clerk-Treasurer ' <br />(SEAL) <br />