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� <br />�i�EN�HILLS <br />MEMORANDUM <br />DATE: June 13, 2411 <br />TO: Honorable Mayor anc� City Council <br />Patrick Klaers, City Administrator <br />FROM: Sue Iverson, Director of Finance and Administrative Service��3'" <br />SUBJECT: Corporate Authorization <br />Backgro�nd: <br />We are in t�ie process of checking procedures and authorizations, two resoluiions were missed in <br />the transition period betw�en Patrick Klaers hiring and the election of the new Mayor, David <br />G�raz�t. Attack�ed are the twa resolutions �which need to be adopted in order to update all the City <br />records. <br />Resoluiion 2011-029, a resolution designating depasitaries and carporate authorization. <br />Resolution 2011-030, a resol�tion for transfer of funds by teie�honic instructions. <br />By adopting these xesolutions, we will be adding Pa�rick Klaers and David Grant to the <br />investrr�ent accounts, ihey have already been auiharized for the checking accounts in ather <br />resolutions. <br />