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<br /> ~ <br /> ~ ~~ <br /> . STATE OF MINNESOTA <br /> COUNTY OF RAMSEY <br /> CITY OF ARDEN HILLS <br /> RESOLUTION NO. 87-22 <br /> DESIGNATION OF DEPOSITORIES AND CORPORATION <br /> AUTHORIZATION RESOLUTION <br /> THIS IS TO CERTIFY: That at a meeting of the City <br /> Council of Arden Hills duly called and held January 2, 1987, the <br /> following resolution was adopted: <br /> RESOLVED, that the Norwest Bank St. Paul, N.A. and the <br /> Rosevil1e Bank shall be the official depositories for all funds <br /> of the City of Arden Hills for the calendar year 1987; and <br /> BE IT FURTHER RESOLVED, that the City Treasurer shall, <br /> from time to time, ascertain that adequate security as required <br /> by the laws of the State of Minnesota, is furnished by such <br /> depositories to protect the City's deposited funds against <br /> financial loss, and <br /> . BE IT FURTHER RESOLVED, that checks of this corporation <br /> drawn on Norwest Bank, St. Paul, N.A. and the Roseville Bank, <br /> hereinafter called the Bank, shall be signed by three of the <br /> following officers: <br /> Robert L. Woodburn or <br /> Mayor Acting Mayor <br /> Patricia J. Morrison or Catherine J. Iago <br /> Clerk Administrator Deputy Clerk <br /> Donald R. Lamb or Gary Peck <br /> Treasurer Deputy Treasurer <br /> BE IT FURTHER RESOLVED, that the Clerk Administrator, <br /> Patricia J. Morrison, is authorized to use a signature stamp at <br /> such time as it becomes legal and/or necessary for Robert L. <br /> Woodburn, Mayor, or Donald Lamb, Treasurer. <br /> BE IT FURTHER RESOLVED, that the said Banks are hereby <br /> authorized and directed to honor and pay any checks so drawn as <br /> above set forth, whether or not such checks be payable to the <br /> order of one of the foregoing persons either in his individual <br /> or official capacity or deposited to his individual credit, and <br /> whether or not such signatures are followed by the title or <br /> office of the person signing. <br /> . Passed by the City Council of Arden Hills, Minnesota, <br /> this 27nd day of April, 1987. <br /> Robert L. Woodburn, Mayor <br /> ATTEST: <br /> . Patricia J. Morrison <br /> Clerk Administrator <br />