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<br /> :'," IfESOLlJTION' NO. 741 . ~.
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<br /> 't, STATE OF MINNESOTA' "
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<br /> -,-' :,' COUNTY OF' RAMSEY ,
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<br /> .. Ii, ~, V1L~GEOr NEW BRIG~';t'9N'
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<br /> , ~ < :,<RESOL-qTION".AMENDING RESOLUTiON 65-65 BEING A RESOLUTION'APPROVING
<br /> ..':~~.AGREEMENT'AND"SUJ3STITUTION'OF SECURITI~S ASSIGNED TO VILLAGE OF ,
<br /> :,: <N~ BRIGH'1't)N'BX' 'PUBLIC 'DEPOSITORY ~,. .
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<br /> ';'~:; Wfl~~EAS desigI1ation" oft?he' First- Sta't~Bank of New Bri,ghton
<br /> ,', ",,' as depo:s'i.tory' d~ th~, public' funds of the V.ill.age, of New Brighton
<br /> ~:. "ha.~ heretofore been authorized, and
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<br /> . .,'" , r 'WREREAS~inconsideration of its designation as depository of ,
<br /> '. ,public, funds :of the 'Village, 'of New Brighton, the First State Bank
<br />.' of ;.N$w 'Brighton"executed aqre-ement i, approved ,by the Village councL:
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<br />" 2'. of, New Brighton by Res9"lpt:ion No. 65-65., which assigns, trans.feb:;,
<br />:'~-! ~' and sets. over' 'to said:., Vil.lqi.ge ~eX'tain' sf!\curities of the total
<br /> 'rnarkEi:t.value of $2'45, OOO;~'and
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<br /> '" 'WH$RM.S;the'First,St:~l'te Bank, of. New Brighton has executed an
<br />',,' - ., 'amende9.:agreem~htwhicll;as.signs"t\t'ansfers and s,ets over to s~id
<br />.' '" ". Villageeerta;osecuritieso-f the total market, value of $445,000,
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<br /> WHEREAS the new aS$i~ent of securities reflects the .
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<br /> ',follow ing pl~dged, .sectlr i ties:
<br /> , , ' $50, 000, Federa~ Intermediate Credit Banks Due 5/4/70
<br /> J, .' '$50, 000 u~ S. iJ.'r,ea:s:uiy,Notes 5/15/71
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<br /> ; , : '$15,;000 U.S~ Treasury Not,es 11/15(70
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<br />\ l" ' ' " $225,000 Federal Intermed.i,atec:r;-e9-it :Banks 7/1/70
<br />, ,-' $45 ~OOO" U. S . Treasury Notes, 11/15/70
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<br /> "NOW' ~ERE1'~':~1l:I~'::~S9LV~t 'Tb~t!:the' Village' Counc,il:' of
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<br /> . ,New Brighton apPrro~ ~theacj:r~ement, a cdpy ~f which is attached ,
<br />,.- h~r~t,o and ,1!l~~~ a, part ,thereof, the securiti,es therein specified '
<br />':... arid the aSSiig~~t:'t;h~;t;ed~..'), ,". ,-, 1" ,
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<br /> ,', t . Adopted..tnis 14th day of October 1969.
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<br /> ,/. Donald,A. Ander~on,~Mayor
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<br /> .. ' " Vernon ':PederiJ.Qn/' C,~erk
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