HomeMy WebLinkAbout90-004
.
.
.
CITY OF ARDEN HILLS
RAMSEY COUNTY, MINNESOTA
RESOLUTION NO, 90-04
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:
NAME
Frank C. Green
Paul L. Malone
Gary R, Berger
TITLE
Treasurer
Deputy Treasurer
City Administrator
is authorized on behalf of this corporation to give instructions by
telephone to the NORWEST BANK ST. PAUL, N,A., or 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.
Passed by the
January, 1990.
Thomas R. Sather
Mayor
ATTEST:
~ -1Z- ~M
Gary R, Berger
City Administrator