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HomeMy WebLinkAbout95-001 . . e L " CITY OF ARDEN HILLS RAMSEY COUNTY RESOLUTION NO. 95-01 RESOLUTION DESIGNATING DEPOSITORIES AND CORPORATION AUTHORIZATION THIS IS TO CERTIFY That at a meeting of the City Council of Arden Hills duly called and held January 3, 1995 the following resolution was adopted: RESOLVED, that the First Bank St. Paul, N.A. shall be the official depository for all funds of the City of Arden Hills for the calendar year 1995; and BE IT FURTHER RESOLVED, that the City Treasurer shall from time to time, ascertain that adequate security as required by the laws ofthe State of Minnesota, is furnished by such depository to protect the City's deposited funds against financial loss; and BE IT FURTHER RESOLVED, that checks of this corporation drawn on First Bank St. Paul, N.A., hereinafter called the Bank, shall be signed by three of the following officers: Dennis Probst Mayor Paul Malone Acting Mayor or Brian Fritsinger Deputy Clerk Terrance R, Post Treasurer or BE IT FURTHER RESOLVED, that the Deputy Clerk is authorized to use a signature stamp at such time as it becomes necessary for Mayor Dennis Probst or Terrance R. Post, Treasurer. BE IT FURTHER RESOLVED, that the said bank is 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 the foregoing persons either in this individual or official capacity or deposited to this individual credit, and whether or not such signatures are followed by the title or office of the person slgmng. , . ,- ~ PASSED AND ADOPTED BY THE CITY THIS 3RD DAY OF JANUARY, 1995. ATTEST: ~ /I. !Jp TERRANCE R. POST, ACTING CITY ADMINISTRATOR