HomeMy WebLinkAbout351 - ADMIN Resolution - City Council - 1956/12/171
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Resolution No. 350 - continued
THEREFORE, BE IT RESOLVED that the treasurer be authorized to accept
said securities as collateral and that said collateral be deposited with the
Marquette National Bank of Minneapolis, for safe keeping.
Resolution No. 351 Adopted December 17, 1956
PROVIDING FOR ADOPTION OF AMENDED PERSONNEL
RULES AND REGULATIONS
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WHEREAS, by Resolution No. 2144 as amended by -Resolution No. 278, the
City Council has heretofore adopted and made effective rules and regulations
relating to conditions of employment of personnel employed by the City and the
City Manager has recommended further amendments and revisions thereof, the
said rules and regulations being numbered Sections 1:300 thru 1:327 inclusive,
and a copy of same as so amended and revised being hereto_ attached, therefore
BE IT RESOLVED, by the City Council of the City of St. Louis Park that
the said rules and regulations as hereto attached be hereby adopted and made
effective as of December 29, 1956, and shall supersede and amend said rules
and regulations as adopted by Resolution No. 244 and amended by Resolution
No. 278.
Resolution No. 352 Adopted December 17, 1956
RESOLUTION APPROVING SECURITIES FOR COLLATERAL
FROM PARK PLAZA STATE BANK OF ST. LOUIS PARK_
WHEREAS, on November 12, 1956, the City Council designated the Park
Plaza State Bank as a depository for City funds in an amount not to exceed
$300,000.00 at any one time, and
WHEREAS, the Park Plaza State Bank has presented as additional
collateral up to $300,000.00 securities in the amount of $150,000.00 de-
scribed as follows:
$100,000.00 U. S. Treasury Bills dated 12/13/56 due 3/14/57
$$ 50,000.00 U. S. Treasury Bills dated 11/16/56 due 2/15/57
THEREFORE, BE IT RESOLVED that the treasurer be authorized to accept
said securities as collateral and that said collateral be deposited with the
Marquette National Bank of Minneapolis, for safe keeping.
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