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HomeMy WebLinkAbout99-001 , . . . CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 99-01 RESOLUTION DESIGNATING DEPOSITORIES AND CORPORATE AUTHORIZATION THIS IS TO CERTIFY THAT, at a meeting of the City Council of Arden Hills duly called and held January 4, 1999, the following resolution was adopted: RESOLVED, that the U.S. Bank St. Paul, N.A. shall be the official depository for all funds of the City of Arden Hills for the calendar year 1999; 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 depository to protect the City's deposited funds against financial loss; and BE IT FURTHER RESOLVED, that checks of this corporation drawn on U.S. Bank St. Paul, N.A., hereinafter called the Bank, shall be signed by three ofthe following officers: Dennis Probst Mayor Beverly Aplikowski Acting Mayor or Brian Fritsinger City Administrator Terrance R. Post Treasurer or BE IT FURTHER RESOLVED, that the City Administrator 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 bonor 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 tbis individual credit, and whether or not such signatures are followed by the title or office of the person slgnmg. / .;;": ~- - . - Resolution #99-1 Page Two January 4, 1999 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS 4th DAY OF JANUARY, 1999. ATTEST: j~7 <~ ~/7" --- /~ BRIAN FRITS~ , CITY ADMINISTRATOR