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MEE7ING <br />REC�UEST F'OR C+�UNCIL ACT10N DATE: 1-9"78 <br />AGEiVDA SECTi01V: ORiGINATING DEPT./DIV,' <br />On�anizational Business Ac�hn <br />ITENE NO.: ITEM oESC�r�prionr' �sic3nation. af Oificial Depositaries <br />� ' � <br />❑EPT.HEAD APPROVAL. <br />MGR. REVIEWED/RECOMM�NDS: <br />�e 1�sevilZe State Bank, Narth Star State 13ank, Mid-America National Bank, <br />First FedPxal Savings & Loan, Niinnesota Federal 5avings & S�n, Midwest Federal <br />Savings & Loan, and �ai.n City Federal 5avings &�an are px�sently the official <br />depasitora�es for the City. <br />Action requested: Nb�ion designating �he following banks and savi.ngs <br />and �oan associations for depositories of city funds. <br />Raseville State Bank <br />Nor�h Star S�ate Bank <br />Mid-America Natianal Bank <br />�ruin Gity Federal Savings & I,Qan <br />Minn.esota Federal Savings & I�oan <br />First Federal Savi.ngs & LAan <br />Midwest Fed�ral Savings & ir�an <br />