HomeMy WebLinkAbout96-004
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CITY OF ARDEN HILLS
RAMSEY COUNTY
RESOLUTION NO. 96-04
RESOLUTION FOR TRANSFER OF FUNDS BY
TELEPHONIC INSTRUCTIONS
WHEREAS, the First Bank St. Paul, N.A. is the depository 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,
L Anyone of the following persons:
Terrance R. Post, Treasurer
Brian Fritsinger, City Administrator
. is authorized on behalf of this corporation to give instructions by telephone to the FIRST BANK
ST PAUL, N.A., to transfer funds on deposit with the banle
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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 AND ADOPTED BY THE CITY C
THIS 2ND DAY OF JANUARY, 1996.
HE CITY OF ARDEN HILLS
ATTEST, ~
BRIAN FRITS ER, CITY ADMINISTRATOR