HomeMy WebLinkAbout6761 - ADMIN Resolution - City Council - 1981/01/19t
• RESOLUTION NO. 6761
RESOLUTION APPROVING SECURITIES FOR COLLATERAL
FROM MARQUETTE NATIONAL BANK OF MINNEAPOLIS,
MINNESOTA
WHEREAS, the Marquette National Bank of Minneapolis, a City De-
pository, has presented the following collateral to secure deposits of
the City:
$90,000 Rome County, GA, Ser. 1968, Dev. Auth. Rev., 6% duel6/1/87
BE IT RESOLVED by the City Council of the City of St. Louis Park
that the Treasurer be authorized to accept said securities as collateral
and that said collateral be deposited with the Federal Reserve'Bank of
Minneapolis, Minnesota for safekeeping.
Adopted by the City Council January 19, 1981
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,-,-`' Attest:
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City Clerk
Reviewed for Administration:
E2aJpL 1/C4U,eil
Mayor
Approved as to form and legality:
City Att.rney