HomeMy WebLinkAbout06-005
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~HILLS
CITY OF ARDEN HILLS
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION No. 06-05
RESOLUTION FOR TRANSFER OF FUNDS BY TELEPHONIC INSTRUCTIONS
WHEREAS, the U.S. Bank St. Paul, N. A. is the depository in which funds of the City of Arden
Hills rnay be deposited, and a corporate resolution with respect thereto is presently in effect authorizing the
deposit and withdrawal of funds; and
WHEREAS, the City of Arden Hills desires to add to and supp1ernent said corporate resolution
with the following resolution:
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills,
Minnesota, that anyone of the following persons: Michelle A. Wolfe, City Administrator; Murtnza
Siddiqui, Treasnrer; Beverly ApJikowski, Mayor, is authorized, on behalf of this corporation, to give
instructions by telephone to the U.S. BANK ST PAUL, N. A., to transfer funds on deposit with the banJe
a.
b.
to other accounts of this corporation with the bank; or
to other accounts of this corpordtion with other banks.
2. The bank is authorized to act on such telephonic instructions received by it from anyone who
represents hirnself to be any of the above.narned persons whether or not his voice resernbles the
voice of such person.
3. The bank is authorized in its sole discretion to refuse to honor telephone instructions and to insist
upon written instructions signed by anyone of the persons narned in paragraph 1 of this resolution.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS
9th DAY OF JANUARY, 2006.
Bev6~~~'
ATTEST:
N\~~
Michelle A. Wolfe, Administrator
\\Metro-inCI.us\ArdenHilIs\Adrnin\Council\Resolutions\2006\06-05, Transfer of Funds.doc