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HomeMy WebLinkAbout90-001 e - e CITY OF ARDEN HILLS RAMSEY COUNTY, MINNESOTA RESOLUTION NO. 90-01 DESIGNATING DEPOSITORIES AND CORPORATION AUTHORIZATION THIS IS TO CERTIFY: duly called and held adopted: That at a meeting of the City Council of Arden Hills January 8, 1990, the following resolution was RESOLVED, that the Norwest Bank St. Paul, N.A. and the Firstar Rosevil1e Bank shall be the official depositories for all funds of the City of Arden Hills for the calendar year 1990; 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 Firstar Rosevil1e Bank, hereinafter ea1led the Bank, shall be signed by three of the following officers: Thomas R. Sather Mayor or Acting Mayor Gary R. Berger City Administrator Catherine J. Iago Deputy Clerk or Frank C. Green Treasurer Paul L. Malone Deputy Treasurer or BE IT FURTHER RESOLVED, that the City Administrator, Gary R. Berger, 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 banks are hereby authorized and directed to honor and pay any cheeks 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. Adopted by the Arden Hills City Council this 8th day of January, 1990. CITY~OUN IL CITY OF EN ~ By I 'M Thomas R. Sather, Mayor ATTEST: Gary~er~r'~dministrator