HomeMy WebLinkAbout07-024
~
~~HILLS
CITY OF ARD]~N HILLS
COUNTY OF RAMSEY
STATE Of' MINNESOTA
RESOLUTION No. 07-24
RESOLUTION FOR TRANSFER OF }i'UNDS BY TELEPHONIC INSTRUCTIONS
WHEREAS, U.S. Hank S1. Paul. N. A. is the depository in which funds of the City of Arden
Hills may be deposited, and a cOIvoratc resolution with respect thereto is presently in efkct authorizing the
deposit and withdrawal of funds; and
'VHEREAS, the City of Arden Hills desires to add to and supplement said cOllJoratc resolution
with the following resolution:
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills,
Minnesota, that anyone of the following persons: Michelle A. 'Volfe, City Administrator; Susanlversoll,
Finance Director/Treasurer; Stanley D. Harpstead, l\'layor, is authorized, on behalf of this corporation, to
give instructions by telephone to the O,S. BANK ST PAUL. N, A., to transfer funds on deposit \vith the bank:
a, to other accounts of this corporation with the bank or
b, to other accounts o[this corporation with other banks.
2. The bank is authorized to act on sueh 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 I of this resolution,
ADOPTED BY THE CITY COUNCIL OF THE CITY 0
29th I>A Y OF JANUARY, 2007.
ATTEST: