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HomeMy WebLinkAbout80-001 l b1ATE OF ~:[Wtl~SOT^ COUNTY OF 2AHSEY CITY or ~RDBN HILLS RESOLUTION NO. 80-1 DESIGNATION OF DEPOSITORIES AND CORPORATE AUTHORIZATION RESOLUTION . THIS IS TO CERTIPY: Tba~ at . meeting of tbe City , Council of Arden Hills Duly called and held 3anuary 2, 1980, the following resolution waa adopted: RESOLVED, that the Nortbwestern National Bank of Paul and The Roae.,,!l!e Stat& Bank sball be the official tories for ail fJrida of the City' of Arden Hills for the calendar year 19801 and , St. deposi- I BE IT FURTBE, BISDLVlD, that tbe Cltf Treasurer shall, from time to time, ascertain trat adequate security, as re- qui zed by the lawJjI of the S ta~ of, Minnesota. is, fU!:)1llished by sucb depoaitorles': to protect tbe City's d"poai-l:ed funds against financial Ions; and . . . ; "BE IT FURTHER RESOLVED, that cbecke 0 f this, c'Orporation dravn on ,Norl:h~HHltern National Banlt of St. Paul and 'the llose- 'rille State Ba.nk, bereinafc,ar called the Bank, shall ,be signed by tbree of eh" following officers; Henry J. Crepe~u, Jr. Mayor or Robert Woodburn Acting NayaI' Charlotte McNiesh Clerk Administrator or Dorothy Zebm Deputy Clerk Donald R. Lamb Treasurer or Ward Hanson Acting Treasurer BE IT FURTHER RES'OLVgD, that the Clerk Administll'stor, Cbarlotte t1cNiesh is authorized to UEle III signature stamp at such times that it,'becotll,6EI legal and/o'!>: necessary for Henry J. \;r~epeau, '-" Jir., Mayor, or Donal_c!"R. Lamb, TreSBuite.. .1.1. BE IT FURTHER RESOLVlm, I:hat the said Bank i6 he'!>:eby au~ thorized and directec to honor and pay any checks eo dra~n as above set forth, whether or not such checks be payable to the order of one of thefo~eBoiug pereaas either in hiB individ~al or official capacity ~r deposited to his individual credit, and whether or nol: Buch signatuces are follo~ed by tbe title or office or the person signing. . Passed by the City Council of Arden Hilla, Minnesota this 2nd 'day of January, 19D~. I ~ Charl9tte McNiesh ~lerk.dminiBtr~tor '.. \ \. 1 I I, /, I r ,._' , , "_ I ' ,