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)EN HILLS <br />CITY OF ARDEN HILLS <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />RESOLUTION No. 2011 -030 <br />RESOLUTION FOR TRANSFER OF FUNDS BY TELEPHONIC INSTRUCTIONS <br />WHEREAS, U.S. Bank St. Paul, N. A. is the depository in which funds of the City of Arden <br />Hills may be deposited, and a corporate resolution with respect thereto is presently in effect authorizing the <br />deposit and withdrawal of funds; and <br />WHEREAS, the City of Arden Hills desires to add to and supplement said corporate resolution <br />with the following resolution: <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills, <br />Minnesota, that any one of the following persons: Patrick Klaers, City Administrator; Susan Iverson, <br />Finance Director /Treasurer; David Grant, Mayor, is authorized, on behalf of this corporation, to give <br />instructions by telephone to the U.S. BANK ST PAUL, N. A., to transfer funds on deposit with the bank: <br />a. to other accounts of this corporation with the bank; or <br />b. to other accounts of this corporation with other banks. <br />2. The bank is authorized to act on such telephonic instructions received by it from anyone who <br />represents himself to be any of the above -named persons whether or not his voice resembles the <br />voice of such person. <br />3. The bank is authorized in its sole discretion to refuse to honor telephone instructions and to insist <br />upon written instructions signed by any one of the persons named in paragraph 1 of this resolution. <br />ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS <br />13th DAY OF JUNE, 2011. <br />David Grant, Mayor <br />ATTEST: <br />Patrick Klaers, City Administrator <br />