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HomeMy WebLinkAbout03-001 . . . CITY OF ARDEN HILLS COUNTY OF RAMSEY ST ATE OF MINNESOTA RESOLUTION NO. 03-01 RESOLUTION DESIGNATING DEPOSITORIES AND CORPORATE AUTHORIZATION THIS IS TO CERTIFY THAT, at a meeting of the City Council of Arden Hills duly called and held January 6, 2003, the following resolution was adopted: RESOLVED, that the V,S. Bank St Paul, N.A. shall be the official depository for all funds of the City of Arden Hills for the calendar year 2003; 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 V,S, Bank St Paul, N. A., hereinafter called the Bank, shall be signed by three of the following officers: Beverly Aplikowski, Mayor; David Grant, Acting Mayor; Joseph Lynch, Administrator; Terrance Post, 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 Beverly Aplikowski or Terrance R, Post, Treasurer. BE IT FURTHER RESOLVED, that the said bank is hercby authorized and directed to honor and pay any checks so drawn as above set forth, whether or not such checks be payable to (he order of the foregoing persons either in this individual or ot1icial 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 6th DAY OF JANUARY, 2003. ~-~ff (h~~.it. Bevet!:y Aplikows , MA 0 . ATTEST: Joe Lynch,