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<br /></ C~__M..,A_L--:J <br /> <br />STATE OF HIHNESO'i',:<\ <br /> <br />COUNTY 01'" }-.KlMSRY <br /> <br />C.,\TY aF .ARDEN HII..l..s <br /> <br />,!:~!,N.'JTION 1.0. .77-..& <br /> <br />DESIGNATION OF ADDITIONAL DEPOSITORIES <br />I!)RINVESTNENT !'URPOS~S <br /> <br />. <br /> <br />WHEREAS, Resolution No. 27- / designates the First National Bank of <br /> <br />St. Paul and The Roseville State Bank as official depositories f>r fun~s of the <br /> <br />City of Arden Hills for the calendar year 1977; and <br /> <br />~JlIERKAS. it is desirable to invest City funds at the higest availc'ole <br /> <br />interest rate, <br /> <br />NO\!, THEREFORE, BE IT HEREBY RESOLVED that effective t:,:tS date, the <br /> <br />following banks are designated additional depositories for the sole purpose <br /> <br />of investing funde of the City of Arden Hille: <br /> <br />American National Bank of St. Paul <br />Northwestern National Bank of St. Paul <br />First National Bank of Minneapolis <br />Northwestern National Bank of Minneapolis <br /> <br />BE IT FURTHl!R RESOLVED, that the City Treasurer is authorized to take <br /> <br />whatever actions are necessary to make investments at the aforesaid depositories <br /> <br />and to ascertain that adequate security, as required by the laws of the State <br /> <br />of. Ydnnesota, is furnished by such depositories to protect the City's deposited <br /> <br />funds against financial: loss. <br /> <br />Passed by the City Council of Arden Hills. Minnesota this .,5 Ad <br /> <br />day of 941U4.AI ' 1927-' <br /> <br />. <br /> <br /> <br />au. Jr. <br /> <br />Attest: <br /> <br />~~ffJ;;A, <br /> <br />Charlotte McNiesh <br />CJ.erk Administrator <br />