HomeMy WebLinkAbout87-053
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STATE OF MINNESOTA
COUNTY OF RAMSEY
CITY OF ARDEN HILLS
RESOLUTION NO. 87-53
DESIGNATION OF DEPOSITORIES AND CORPORATION
AUTHORIZATION RESOLUTION
THIS IS TO CERTIFY: That at a meeting of the City Council
of Arden Hills duly called and held August 31, 1987, the following
Resolution was adopted:
RESOLVED, that the Norwest Bank St. Paul N.A. and the
Roseville Bank shall be the official depositories for all funds of the
City of Arden Hills for the calendar year 1987; 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 Roseville Bank, hereinafter
called the Bank, shall be signed by three of the following officers:
Robert L. Woodburn
Mayor
or Nancy Hansen
Acting Mayor
Patricia J. Morrison
Clerk Administrator
or Catherine J. Ia~o
Deputy Clerk
Frank C. Green
Treasurer
or Gary Peck
Deputy Treasurer
BE IT FURTHER RESOLVED, that the Clerk Administrator,
Patricia J. Morrison, is authorized to use a signature stamp at such time
as it becomes legal and/or necessary for Robert L. Woodburn, Mayor, or
Frank Green, Treasurer.
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BE IT FURTHER RESOLVED, that the said Banks are 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 by the City Council of Arden Hills, Minnesota, this
31st day of August, 1987.
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Robert L. Woodburn, Mayor