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HomeMy WebLinkAbout2011-029-ARZIHILLS CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION No. 2011 -029 RESOLUTION DESIGNATING DEPOSITORIES AND CORPORATE AUTHORIZATION BE IT RESOLVED, that U.S. Bank St. Paul, N.A. shall be the official depository for all funds of the City of Arden Hills for the calendar year 2011; and, BE IT FURTHER RESOLVED, that the City Treasurer shall from time to time, ascertain that adequate security as required by the laws of the State of Minnesota, is furnished by such depository to protect the City's deposited funds against financial loss; and BE IT FURTHER RESOLVED, that checks of this corporation drawn on U.S. Bank St. Paul, N. A., hereinafter called the Bank, shall be signed by any of the following officers: David Grant, Mayor; Patrick Klaers, City Administrator; Susan Iverson, Finance Director /Treasurer. BE IT FURTHER RESOLVED, that the City Administrator is authorized to use a signature stamp at such time as it becomes necessary for Mayor David Grant. BE IT FURTHER RESOLVED, that said bank is hereby authorized and directed to honor and pay any checks so drawn as above set forth, whether or not such checks be payable to the order of the foregoing persons either in this individual or official capacity or deposited to this individual credit, and whether or not such signatures are followed by the title or office of the person signing. 13th DAY OF JUNE, 2011. ATTEST: "eded / David Grant, Mayor Patrick Klaers, City Administrator