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<br />. <br /> <br />. <br /> <br />.. <br /> <br />CITY OF ARDEN HILLS <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 00-01 <br /> <br />RESOLUTION DESIGNATING DEPOSITORIES <br />AND CORPORATE AUTHORIZATION <br /> <br />THIS IS TO CERTIFY THAT, at a meeting of the City Council of Arden Hills duly called and <br />held January 3, 2000, the following resolution was adopted: <br /> <br />RESOLVED, that the U.S. Bank St. Paul, N.A. shall be the official depository for all funds of <br />the City of Arden Hills for the calendar year 2000; and <br /> <br />BE IT FURTHER RESOLVED, that the City Treasurer shall from time to time, ascertain that <br />adequate security as required by the laws of the State of Minnesota, is furnished by such <br />depository to protect the City's deposited funds against fmancialloss; and <br /> <br />BE IT FURTHER RESOLVED, that checks ofthis corporation drawn on U.S. Bank St. Paul, <br />N. A., hereinafter called the Bank, shall be signed by three of the following officers: <br /> <br />Dennis Probst <br />Mayor <br /> <br />Gregg. P. Larson <br />Acting Mayor <br /> <br />or <br /> <br />Joseph P. Lynch <br />City Administrator <br /> <br />Terrance R. Post <br />Treasurer <br /> <br />or <br /> <br />BE IT FURTHER RESOLVED, that the City Administrator is authorized to use a signature <br />stamp at such time as it becomes necessary for Mayor Dennis Probst or Terrance R. Post, <br />Treasurer. <br /> <br />BE IT FURTHER RESOLVED, that the said bank is hereby authorized and directed to honor <br />and pay any checks so drawn as above set forth, whether or not such checks be payable to the <br />order of the foregoing persons either in this individual or official capacity or deposited to this <br />individual credit, and whether or not such signatures are followed by the title or office of the <br />person signing. <br />