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CITY OF ARDEN HILLS
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION NO. 01-01
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 2, 2001, the following resolution was adopted:
RESOLVED, that the 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 2001; 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 U.S. Bank St. Paul,
N. A" hereinafter called the Bank, shall be signed by three of the following officers:
Dennis Probst
Mayor
or
David Grant
Acting Mayor
Joseph p, Lynch
City Administrator
or
Terrance R. Post
Treasurer
BE IT FURTHER RESOLVED, that the City Administrator is authorized to use a signature
stamp at such timc as it becomes necessary for Mayor Dennis Probst or Terrance R. Post,
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 ofthe
person signing.
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Resolution #01-01
Page Two
January 2, 2001
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS
THIS 2"d DAY OF JANUARY, 2001.
ATTEST:
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J.6SEPH'P. LYNCH, ciTy ADMINISTRATOR