Laserfiche WebLink
<br />';1'.; . " ~,' t:;; '~~.,:r.;.'~~ <br /> <br />CO'JN1"{ UP f'PJiSEY <br /> <br />CITY 0.3' Ar:VEn rILLE <br /> <br />. <br /> <br />RESOLUTION NO. 74-32 <br /> <br />DESIGNATION OF ADDITIONAL DEPOSITORIES <br />:?CR INVESTMENT PU;U"OSES <br /> <br />IYllEREAS, Resolution "lo. 74-1 designat.ad the Fi,st National <br /> <br />Bank of St ~ Pa\.:d~ the ROSE:vill:a StCl.t~ P,arJ.. and Fir~ t State Bank of New <br /> <br />Brighton as ofHcial,,,posito::lc=s for fULds of the City of Arde',l Hills <br /> <br />for ~he calenear year 1974; and <br /> <br />WHEREAS, it il3 desh'abla to invest ":HIage funds at the <br /> <br />bj,ghest avail"ble interest rat", <br /> <br />Nml, THEREFORE, BE IT HEF.EEY RESOLVED that effective this <br /> <br />date, the follo"iug ba.nks aTe designated additic.nal depositories fer <br /> <br />the oole purpose of inveilting funds of the City of Arden Hills in <br /> <br />CertHicates of Deposit' <br /> <br />American Nationa.l Bank eJf 3t. Paul <br />NorthwetH:ern l'Iational Jl:mk ;)f St;. Paul <br />First National Bank of Hin'l'''polis <br />Nortln,estern National Bank ,)f Minneap'J1is <br /> <br />BE IT PURTHER RESOLVED, Lh~; the City TreaBurer shall <br /> <br />ascertain that edequate seCtority, as ,,'equired by th.a lawS of the State <br /> <br />of Mi.nnesC>ta, i!J furnished by cuch d",,,ositori,as to protect the City's <br /> <br />depoai.ted funds cgaim:t finallcial 10;,3. <br /> <br />p''lssed by the City Gouncil of Arden 1Iills, Hianesota, this 28th day of <br /> <br />... October, 1974. <br /> <br /> <br /> <br />Charlctt'2 ~'-:_cNi.::.:2h <br />Cler)i~ tlJ.?d::::.is':::-::a.t:or <br /> <br />l?PL <=v k ~-t.. <br /> <br />r1? <br /> <br />.. <br />