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HomeMy WebLinkAbout04-002 e %. ~HiLLS CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION No. 04-02 RESOLUTION DESIGNATING DEPOSITORIES AND CORPORATE AUTHORIZATION BE IT RESOLVED, that Ihe 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 2004; 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 D,S. Bank St, Paul, N, A, hereinafter called the Bank, shall be signed by three of the following officers: I Beverly Aplikowski, Mayor; Gregg Larson, Mayor Pro Tern; Michelle Wolfe, Administrator; Murtuza Siddiqui, Treasnrer. BE IT FURTHER RESOLVED, that the City Administrator is authorized to use a signature stamp at such lime as it becomes necessary for Mayor Beverly Aplikowski or Murtuza Siddiqui, Treasurer. BE IT FURTHER RESOLVED, that the 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 slgnmg, ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS 12th DAY OF JANUARY, 2004. d ~' &Verl~Ski, MAYOR ATTEST: ~~f~d~ e IIEarthlAdminICounciIIResolutions\2004104'()2, Designating Deposiw,ies.doc