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HomeMy WebLinkAbout92-021 . . . CITY OF ARDEN HILLS RAMSEY COUNTY, MINNESOTA RESOLUTION 92-21 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 March 30, 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 or Thomas Mahowald Acting Mayor Catherine J. Iago Acting Clerk Administrator or Paul L. Malone Councilmember Frank C. Green 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 Frank C. Green, 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 THIS 30TH DAY OF MARCH, 1992. COUNCIL OF (THE C~T;;; OF ARDEN ...J- () t I ! !W/YfM A/ki~\.- Thomas R. Sather, Mayor HILLS Admlnistrator