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HomeMy WebLinkAbout86-001 STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF ARDEN HILLS RESOLUTION NO. 86-1 DESIGNATION OF DEPOSITORIES AND CORPORATE AUTHORIZATION RESOLUTION ~ THIS IS TO CERTIFY: That at a meeting of the City Council of Arden Hills duly called and held January 2, 1986, the following resolution was adopted: RESOLVED, that the Norwest Bank St. Paul, N.A. and the Roseville Bank shall be the official depositories for all funds of the C~ty of Arden Hills for the calendar year 1986; 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 depositories to protect the City's deposited funds against financial loss; and BE IT FURTHER RESOLVED, that checks of this corporation drawn on Norwest Bank, St. Paul, N.A. and the Roseville Bank, hereinafter called the Bank, shall be signed by three of the following officers: Robert L. Woodburn or Mayor Charlotte McNiesh or Clerk Administrator Dale Hicks Acting Mayor Dorothv Zehrn Deputy Clerk Donald R. Lamb or Treasurer Garv Peck Councilmember BE IT FURTHER RESOLVED, that the Clerk Administrator, Charlotte McNiesh, is authorized to use a signature stamp at such time that it becomes legal and/or necessary for Robert L. Woodburn, Mayor, or Donald Lamb, Treasurer. - BE IT FURTHER RESOLVED, that the said Banks are hereby authorized and directed to honor arid pay any checks so drawn as above set forth, whether or not such checks be payable to the order of one of the foregoing persons either in his individual or official capacity or deposited to his individual credit, and whether or not such signatures are followed by the title or office of the person signing. Passed by the City Council of Arden Hills, Minnesota this 2nd day of January, 1986. ~~~ obert L. Woodburn Mayor ATTEST: ~~ Charlotte McNiesh Clerk Administrator