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<br />. <br /> <br />. <br /> <br />. <br /> <br />~ <br />~HILLS <br />CITY OF ARDEN HILLS <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION No, 04-02 <br /> <br />RESOLUTION DESIGNATING DEPOSITORIES <br />AND CORPORATE AUTHORIZATION <br /> <br />BE IT RESOLVED, that the U.S. Bank St. Paul, N.A. shall be the official depository for all <br />funds ofthe City of Arden Hills for the calendar year 2004; and, <br /> <br />BE IT FURTHER RESOLVED, that the City Treasurer shall from time to time, ascertain <br />that 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 tinancialloss; and <br /> <br />BE IT FURTHER RESOLVED, that checks of this corporation drawn on U.S. Bank St. <br />Paul, N. A., hereinafter called the Bank, shall be signed by three ofthe following officers: <br /> <br />Beverly Aplikowski, Mayor; Gregg Larson, Mayor Pro Tem; <br />Michelle Wolfe, Administrator; Murtuza Siddiqui, Treasurer, <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 Beverly Aplikowski or Murtuza Siddiqui, <br />Treasurer. <br /> <br />BE IT FURTHER RESOLVED, that the said bank is hereby authorized and directed to <br />honor 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 person <br />slgrung. <br /> <br />ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS <br />12th DAY OF JANUARY, 2004, <br /> <br />Beverly Aplikowski, MAYOR <br /> <br />ATTEST: <br /> <br />Michelle Wolfe, Administrator <br /> <br />\\Earth\Admin\Council\Resolutions\2004\04-02. Designating Depositories.doc <br />