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2018-005
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2018-005
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10/19/2024 12:11:29 AM
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1/11/2018 9:01:42 AM
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Section 2. This municipality is authorized to invest monies from time to time and to <br /> withdraw such monies from time to time in accordance with the provisions of the <br /> Declaration of Trust. The following officers of the municipality or their successors <br /> are designated as "Authorized Officials" with authority to effectuate investments and <br /> withdrawals in accordance with the Declaration of Trust: <br /> `d C rQn-t- M a Lj or <br /> Print Name Title Signature <br /> Dave- Pgrv�- t Lt �r �►�t��is�h-r�v►� <br /> Print Name itle Signature <br /> Print Name Title Signature <br /> (Additional names may be added on a separate list. The treasurer shall advise the <br /> Fund of any changes in Authorized Officials in accordance with Fund procedures.) <br /> Section 3. The Trustees of the Fund are designated as having official custody of those <br /> monies invested in accordance with the Declaration of Trust. <br /> Section 4. That the municipality may open depository and other accounts, enter into <br /> wire transfer agreements, safekeeping agreements, third party surety agreements <br /> securing deposits, collateral agreements, letters of credit, lockbox agreements, or <br /> other applicable or related documents with institutions participating in Fund programs <br /> including U.S. Bank National Association, or its successor, or programs of PMA <br /> Financial Network, Inc. or PMA Securities, Inc. for the purpose of transaction <br /> clearing and safekeeping, or the purchase of certificates of deposit ("CDs") or other <br /> deposit products and that these institutions shall be deemed eligible depositories for <br /> the municipality. PMA Financial Network, Inc. and PMA Securities, Inc. and their <br /> successors are authorized to act on behalf of this municipality as its agent with respect <br /> to such accounts and agreements. Monies of this entity may be deposited in such <br /> depositories, from time to time in the discretion of the Authorized Officials, pursuant <br /> to the Fund's Programs available through its Services Providers. <br /> NOW THEREFORE, BE IT RESOLVED: that the City Council of Arden Hills <br /> adopted this Resolution at a duly convened meeting of the Council held on the Bch day of <br /> January, 2018, and that such Resolution is in full force and effect on this date, and that such <br /> Resolution has not been modified, amended, or rescinded since its adoption. <br />
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