HomeMy WebLinkAbout91-004
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CITY OF ARDEN HILLS
RAMSEY COUNTY, MINNESOTA
RESOLUTION NO. 91-04
RESOLUTION FOR TRANSFER OF FUNDS BY TELEPHONIC INSTRUCTIONS
WHEREAS, the Norwest Bank st. Paul, N.A. and the Firstar
Roseville Bank are depositories 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 of funds; and
WHEREAS, the City of Arden Hills desires to add to and supplement
said corporate resolution with the following resolution:
RESOLVED,
1. Anyone of the following persons:
Frank C. Green, Treasurer
Paul L. Malone, Deputy Treasurer
Gary R. Berger, Clerk Administrator
is authorized on behalf of this corporation to give instructions
by telephone to the NORWEST BANK ST. PAUL, N.A., or to the
FIRSTAR ROSEVILLE BANK to transfer funds on deposit with the
bank:
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 himself to 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 persons named in paragraph
1 of this resolution.
Adopted by the Arden Hills City Council this 2nd day of January,
1991.
CIT~L
::TY OF DENRt;L-
Thomas R. Sather, Mayor
ATTEST:
~ 1G 8~
Gary R. Berger, Clerk Administrator