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<br />TAX IDENTIFICATION NO 41-6008992
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<br />CORPORATE CERTIFICATE OF AUTHORITY
<br />
<br />.
<br />
<br />Brian Fritsil1..er
<br />
<br />City
<br />Adm~nistrator
<br />. do hereby certify thaI I amR:i1iO(Q(M1{ol
<br />
<br />the City of Arden Hills
<br />
<br />. a corporation organized under the laws of the
<br />
<br />State of
<br />
<br />Minnesota
<br />
<br />; that Ine following is a true, complete and correct copy of resolutions adopteo at a meeting of the Board of Directors
<br />
<br />of said corporation duly and properly called and held on the 5th day 01 January. 19 98 ,that a quorum was presef'lt at said meeting; and that
<br />said resolutions are now in lull force and effect: or that Such resolutions were duly adopted in writing effective as of thaI date
<br />
<br />BANK
<br />RESOLVEO,Thatlheterm"Bank"asusedhereinshallreferto First Bank St. Paul, N.A.
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<br />DEPOSITS
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<br />RESOLVED FURTHER, That the Bank be and is hereby designated as a depository of this corporation with authority to accept or receive at any time for the credit
<br />01 this corporation deposits by whomsoever made of funds and other properly in whatever form or manner transferred or endorsed: and that any olficer of thiS corporation
<br />be and is hereby authorized to open or cause to be opened one or more accounts with the Bank on such terms, conditions and agreements as the Bank may now
<br />or hereafter require and to make any other agreements deemed advisable in regard to any of tne foregoing.
<br />RESOLVED FURTHER, That checks, drafts or other orders for the payment, transfer or withdrawal of any of the funds or other property of this corporation on
<br />deposit with the Bank shall be binding on this corporation when signed, manually or by use of a facsimile or mechanical signature or otherwise authorized, by any
<br />three );ll!lfM)f the following persons:
<br />
<br />Subparagraph a
<br />
<br />o
<br />
<br />the person or persons from time to time holding the following offices of this corporation: President, Vice President, Assistant Vice
<br />
<br />President, Treasurer, Assistant Treasurer, Secretary, Assistant Secretary,
<br />
<br />; or
<br />
<br />Subparagraph b
<br />
<br />[X]
<br />
<br />the fallowing named individuals: Dennis Probs t, Mavor; Dale Hicks, Acting Mayor;
<br />
<br />Brian Fritsinger~ City Administrator: or Terrance Post, City Treasurer
<br />
<br />; or
<br />
<br />.
<br />
<br />Subparagraph c
<br />
<br />o
<br />
<br />any person or persons designated in a written certificate signed by the
<br />
<br />and the
<br />
<br />of this corporation (and such officers of this corporation may appoint themselves as the persons
<br />
<br />authorized to sign).
<br />The Bank is hereby authorized to pay and Charge to the account of this corporation any such checks, drafts or other orders so signed or otherwise authorized, inclUding
<br />those payable to the individual order of the person or persons signing or otherwise authorizing the'same arid including also those payable to the Bank or to any other
<br />person for application, or which are actually applied to the payment of any indebtedness owing to the Bank from the person or persons wl'lo signed such checks, drafts
<br />or other withdrawal orders or otherwise authorized such withdrawals.
<br />In partiCular, and not in limitation of foregoing. such persons may authorize payment, transfer or withdrawal by oral or telephonic directions to the Bank complying
<br />with such rules and regulations relating to such authorization as the bank. may communicate to this corporation, from time to time.
<br />
<br />LOANS
<br />RESOLVED FURTHER, That any
<br />
<br />of the persons from time to time holding the lollowing offices of this corporation:
<br />
<br />(Insert one or twO)
<br />
<br />President, Vice President. Treasurer, Secretary,
<br />
<br />andlor the fallowing named individual(s),
<br />
<br />(Additional signature requirements: )
<br />be and are hereby authorized: (i) to borrow money and obtain ather credit or financial accommodations from the Bank far and on behalf of and in the name of this
<br />corporation; (ii) to sign, execute and deliver promissory notes, acceptances or other evidences of indebtedness therefor, or in renewal thereof, in such amounts and for
<br />such time, at such rates of interest and upon such terms as such person(s) may see fit: (iii) to discount, sell, a~sign, transfer, mortgage, or pledge to the Bank or grant
<br />security interests in favor of the Bank in the rea! property, goods, instruments, documents of title, securities, chattel paper, accounts, deposits, money, intangibles or any
<br />other property now or hereafter owned by this corporation. either absolutely for such consideration as such person(s) may deem to be appropriate or as security for the
<br />payment or performance of any debts, liabilities or obligations to the Bank; (iv} to unconditionally guarantee payment of any or alt rights to payment so transferred or of
<br />any other indebtedness owed to the Bank by any person, and (v) to do such other acts and things, to make such other agreements and to execute and deliver such
<br />other contracts or writings, such person(s) may deem to be appropriate in connection with any of the foregoing,
<br />
<br />.
<br />
<br />OTHER SERVICES
<br />RESOLVED FURTHER, That the person(s) so authorized to borrow money be and are hereby authorized and empowered on behalf of this corporation to transact
<br />any and all other business with and through the Bank which such person(s) may at any time deem to be advisable, including, without limiting the generality of the
<br />foregOing, authority to purchase certificates 01 deposit, government securities, commercial paper, stocks, bonds or other forms of investments that may be sold by
<br />the Bank., and to enter into safe depOSit agreements, lock-box agreements, night depository agreements, freight payment serviee agreements, payroll service agreements
<br />and other electronic data processing service agreements offered by the Sank, I and, \in reference to any such business, to make any and all agreements and to execute
<br />and deliver to the Bank any and all contracts and other writings which SUCh person(s) may deem to be necessary or desirable.
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<br />065-0009 (03-96A)
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