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87-054
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87-054
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<br />. <br /> <br />. <br /> <br />. <br /> <br />~ <br /> <br />STATE OF MINNESOTA <br /> <br />COUNTY OF RAMSEY <br /> <br />CITY OF ARDEN HILLS <br /> <br />RESOLUTION NO. 87-54 <br /> <br />RESOLUTION FOR TRANSFER OF FUNDS <br />BY TELEPHONIC INSTRUCTIONS <br /> <br />WHEREAS, The Norwest Bank St. Paul, N.A. and the Roseville <br />Bank are depositories in which funds of the City of Arden Hills may be <br />deposited, and a corporate resolution with respect thereto is presently in <br />effect authorizing the deposit and withdrawal of funds; and <br /> <br />WHEREAS, the City of Arden Hills desires to add to and <br />supplement said corporate resolution with the following resolution: <br /> <br />RESOLVED, <br /> <br />1. Anyone of the following persons: <br /> <br />NAME <br /> <br />TITLE <br /> <br />Frank C. Green <br />Gary Peck <br />Patricia J. Morrison <br /> <br />Treasurer <br />Deputy Treasurer <br />Clerk Administrator <br /> <br />is authorized on behalf of this corporation to give instructions by <br />telephone to the NORWEST BANK ST. PAUL, N.A. or the ROSEVILLE BANK to <br />transfer funds on deposit with the bank: <br /> <br />(a) to other accounts of this corporation with the Bank, or <br /> <br />(b) to other accounts of this corporation with other banks. <br /> <br />2. The Bank is authorized to act on such telephonic <br />instructions received by it from anyone who represents himself to be any <br />of the above-named persons whether or not his voice resembles the voice of <br />such person. <br /> <br />3. The Bank is authorized in its sole discretion to refuse <br />to honor telephone instructions and to insist upon written instructions <br />signed by anyone of the persons named in paragraph 1 of this resolution. <br /> <br />Passed by the City Council of Arden Hills, Minnesota this <br />31st day of August, 1987. <br /> <br />Ki~~/~4:~-2ro./ <br /> <br />Robert L. Woodburn, Mayor <br /> <br />
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