HomeMy WebLinkAbout92-055
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CITY OF ARDEN HILLS
RAMSEY COUNTY, MINNESOTA
RESOLUTION 92-55
RESOLUTION DESIGNATING DEPOSITORIES AND
CORPORATION AUTHORIZATION
THIS IS TO CERTIFY that at a meeting of the City Council of Arden
Hills duly called and held July 27, 1992, the following
resolution was adopted:
RESOLVED, that the Norwest Bank Minnesota, N.A. shall be the
official depository for all funds of the City of Arden Hills for
the calendar year 1992; 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
Norwest Bank Minnesota, N.A., hereinafter called the Bank, shall
be signed by three of the following officers:
Thomas R. Sather
Mayor
Thomas Mahowald
Acting Mayor
or
catherine J. Iago
Acting Clerk Administrator
Paul L. Malone
Councilmember
or
Terrance R. Post
Treasurer
BE IT FURTHER RESOLVED, that the Acting Clerk Administrator is
authorized to use a signature stamp at such time as it becomes
necessary for Mayor Thomas R. Sather 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 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 AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS
THIS 27TH DAY OF JULY, 1992.'" I"
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'Sather, Mayor
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Tho~~s R'.
ATT/W: :
Lat
Catherine
Administrator