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HomeMy WebLinkAbout87-022 . STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF ARDEN HILLS RESOLUTION NO. 87-22 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 January 2, 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 or Catherine J. Iago Clerk Administrator Deputy Clerk Donald R. Lamb 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 Donald Lamb, Treasurer. 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, 4It this 27nd day of April, 1987. f1f.I~~j,j,?%.4~~-y,--- Robert L. Woodburn, Mayor ATTEST: (jiJJA~A~ aricia ~rrison Clerk Administrator .