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<br /> CITY OF ARDEN HILLS <br /> RAMSEY COUNTY, MINNESOTA <br />. RESOLUTION 92-55 <br /> RESOLUTION DESIGNATING DEPOSITORIES AND <br /> CORPORATION AUTHORIZATION <br /> THIS IS TO CERTIFY that at a meeting of the city council of Arden <br /> Hills duly called and held July 27, 1992, the following <br /> resolution was adopted: <br /> RESOLVED, that the Norwest Bank Minnesota, N.A. shall be the <br /> official depository for all funds of the city of Arden Hills for <br /> the calendar year 1992; and <br /> BE IT FURTHER RESOLVED, that the City Treasurer shall from time <br /> to time, ascertain that adequate security as required by the laws <br /> of the state of Minnesota, is furnished by such depository to <br /> protect the City's deposited funds against financial loss; and <br /> BE IT FURTHER RESOLVED, that checks of this corporation drawn on <br /> Norwest Bank Minnesota, N.A. , hereinafter called the Bank, shall <br /> be signed by three of the following officers: <br /> Thomas R. Sather or Thomas Mahowald <br /> Mayor Acting Mayor <br /> Catherine J. Iago or Paul L. Malone <br />. Acting Clerk Administrator councilmember <br /> Terrance R. Post <br /> Treasurer <br /> BE IT FURTHER RESOLVED, that the Acting Clerk Administrator is <br /> authorized to use a signature stamp at such time as it becomes <br /> necessary for Mayor Thomas R. Sather or Terrance R. Post, <br /> Treasurer. <br /> BE IT FURTHER RESOLVED, that the said bank is hereby authorized <br /> and directed to honor and pay any checks so drawn as above set <br /> forth, whether or not such checks be payable to the order of one <br /> of the foregoing persons either in his individual or official <br /> capacity or deposited to his individual credit, and whether or <br /> not such signatures are followed by the title or office of the <br /> person signing. <br /> PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS <br /> THIS 27TH DAY OF JULY, 1992. <br /> Thomas R. Sather, Mayor <br /> ATTEST: <br />. <br /> Catherine J. Iago, Acting Clerk Administrator <br />