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92-055
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92-055
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<br />. <br /> <br />. <br /> <br />. <br /> <br />CITY OF ARDEN HILLS <br />RAMSEY COUNTY, MINNESOTA <br /> <br />RESOLUTION 92-55 <br /> <br />RESOLUTION DESIGNATING DEPOSITORIES AND <br />CORPORATION AUTHORIZATION <br /> <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 /> <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 /> <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 /> <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 /> <br />Thomas R. Sather <br />Mayor <br /> <br />Thomas Mahowald <br />Acting Mayor <br /> <br />or <br /> <br />catherine J. Iago <br />Acting Clerk Administrator <br /> <br />Paul L. Malone <br />Councilmember <br /> <br />or <br /> <br />Terrance R. Post <br />Treasurer <br /> <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 /> <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 /> <br />PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS <br />THIS 27TH DAY OF JULY, 1992.'" I" <br />'f' { i <br />n,/ ir:f/\" <br />'Sather, Mayor <br /> <br />._.....-,<r.-. <br /> <br />/:',,:,,1}:.t/\,t/~ <br />Tho~~s R'. <br /> <br />ATT/W: : <br /> <br />Lat <br /> <br />Catherine <br /> <br /> <br />Administrator <br />
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