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<br />. <br /> <br />. <br /> <br />. <br /> <br />CITY OF ARDEN HILLS <br />RAMSEY COUNTY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 98-01 <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 5, 1998, the following resolution was adopted: <br /> <br />RESOL VED, that the First Bank SL Paul, N.A. shall be the official deposltory for all funds of <br />the City of Arden Hills for the calendar year 1998; 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 financial loss; and <br /> <br />BE IT FURTHER RESOLVED, that checks of this corporation dra\,;n on First Bank SL 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 />Dale Hicks <br />Acting Mayor <br /> <br />or <br /> <br />Brian Fritsinger <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 />indi vidual credit, and whether or not such signatures are followed by the title or office of the <br />person signing. <br /> <br />c~ ' <br /> <br />,',; <br />': -,,;, <br />~ ...e .~~ <br />