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Last modified
7/17/2007 9:20:40 AM
Creation date
4/25/2005 12:24:31 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
7851
Resolution Title
Resolution Designating Depositories
Resolution Date Passed
1/13/1986
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<br />EXTRACT OF ~IINUTES OF MEETING OF THE <br /> <br />CITY COUNCI L OF TIlE CITY OF ROSEVI LLE <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />Pursuant to due call and notice thereof) a regular meeting of the <br />Ci ty Counei 1 of the Ci ty of Rosevi lIe) County of Ramsey, mnnesota <br />was duly held on the 13th day of January) 1986 at 7:30 p.m. <br /> <br />The following members were present: Matson, Cushman, Kehr, Johnson, <br />and Demos and the following were absent: None. <br /> <br />!'.Iember Johnson <br />moved its adoption: <br /> <br />introduced the following resolution and <br /> <br />RESOLUTI ON <br />7851 <br />RESOLUTION DESIGNATING DEPOSITORIES <br /> <br />RESOLVED, That Roseville State Bank, North Star State Bank) <br />Mid-America National Bank, First Minnesota Saving Bank, Midwest <br />Federal Savings and Loan) Twin City Federal Savings and Loan be <br />and are hereby designated as depositories for the funds of the <br />City of Roseville. <br /> <br />RESOLVED ALSO) That before any deposits are made in the de- <br />positories in excess of the amount of such deposit guaranteed <br />by the Federal Deposit Insurance Corporation, and Federal Savings <br />and Loan Insurance Corporation, the depository shall furnish <br />collateral in the manner and to the extent permitted by law. All <br />such collateral must be approved by the council. See attachment. <br /> <br />This designation is effective until the end of the present <br />council year. <br /> <br />The motion for the adoption of the foregoing resolution was duly <br />seconded by member Kehr, and upon a vote being taken <br />thereon) the following voted in favor thereof: all present, <br />and the following voted against the same: <br /> <br />none. <br /> <br />WHEREUPON) said resolution was declared duly passed and adopted. <br /> <br />STATE OF MINNESOTA) <br />) 55 <br />COUNTY OF ~lSEY ) <br /> <br />~ the undersigned) being the duly qualified City Manager of the <br />City of Roseville) County of Ramsey) State of ~Iinnesota, do hereby <br />certify that I have carefully compared the attached and foregoing <br />extract of minutes of a regular meeting of said City Council held <br />on the 13th day of January) 1986) with the original thereof on <br />file in my office. <br /> <br />WITNESS BY llANO officially as such Manager this 23rd <br />January. 1986. <br /> <br />day of <br /> <br /> <br />SEAL <br />
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