HomeMy WebLinkAbout02-004
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CITY OF ARDEN HILLS
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION NO. 02-04
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 may be deposited, and a corporate resolution with respect thereto is presently in effect
authorizing the deposit and withdrawal offunds; and
WHEREAS, the City of Arden Hills desires to add to and supplement 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 ofthe following persons:
Terrance R. Post, Treasurer
Dennis Probst, Mayor
Joseph P. Lynch, City Administrator
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 barue
a. to other accounts of this corporation with the bank; or
b. to other accounts of this corporation with other banks.
2. The bank is authorized to act on such telephonic instructions received by it from anyone
who represents himselfto be any of the above-named persons whether or not his voice
resembles 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 p'frsons named in paragraph 1
of this resolution. I
PASSED AND ADOPTED BY THE CITY COUN
THIS 14th DAY OF JANUARY, 2002. /
C TY OF ARDEN HILLS
DENNIS PROBST, MAYOR
H P. LYNCH, CITY ADMINISTRATOR