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-a- <br />C. A certificate of the State 'treasurer that the licensee <br />has deposited with him $100,000 in cash or securities <br />which may legally be purchased by savings banks or <br />for trust funds having a market value of $100,000. <br />Once this proof of financial responsibility is provided by you, it <br />will be presented to the City Attorney for approval of the form of <br />the financial responsibility and to the City Council or, when <br />required, the Commissioner of Public Safety for approval. <br />Your cooperation in assisting the City of Mounds View in enforcing <br />the requirements of the State of Minnesota with respect to financial <br />responsibility for intoxicating and non -intoxicating liquor licensees <br />will be greatly appreciated. Should you have any questions or <br />require any additional information in this matter, please do not <br />hesitate to contact the undersigned. <br />Sincerely, <br />Donald F. Pauley <br />Clerk -Administrator <br />DFP/pf <br />U <br />