Laserfiche WebLink
<br />STATE OF MINNESOTA <br /> <br />.' <br /> <br />. <br /> <br />COUNTY OF RAMSEY <br />CITY OF ARDEN HILLS <br />RESOLUTlON NO. 76-2 <br />DESIGNATION OF ADDITIONAL DEPOSI- <br />TORIES FOR INVESTMENT PURPOSES <br /> <br />WHEREAS, Resolution No. 76-1 designates the First National <br /> <br /> <br />Bank of St. Paul and The Rosevllle State Bank as official deposi- <br /> <br /> <br />tores for funds of the City of Arden Hills for the calendar year <br /> <br />1976; and <br /> <br />WHEREAS, It is deslra~le to invest. City. funds at the highest <br /> <br />available Interest rate, <br /> <br />, <br /> <br />NOW, THEREFORE, BE IT HEREBY RESOLVED that effective this <br /> <br />date, t~e following banks are designated additional depositories <br /> <br />for the. sole purpose of investing 'rundsof the City 6f Arden Hi lis: <br /> <br />American National Bank of St. Paul <br />Northwestern National Bank of~St. Paul <br />First National Bank of Minneapolis <br />Northwestern National Sank of Minneapolis <br />f' <br />BE IT r-URTHER RESOLVED, that the City Treasurer, Is authorized <br />t <br />1"0 taka'whai'ever actions are ol!cessary >(0 make investments at the <br /> <br />foresald depositories and to ascertain that adequate security, as <br />req u I red by the laws of the State of M f nnesota, is. 'furn l!ij.hed by such <br /> <br />depositories to protect the City's deposited funds against financial <br /> <br />loss. <br /> <br />Passed by the City Coune! I of Arden HI lis, Minnesota this 2nd day o~ <br /> <br />eanuarv, <br />SEAL <br /> <br />1976. <br /> <br /> <br />~JZ;Z1)~~__ <br /> <br />Charlo;tte MeN lesh'. <br />Clerk ftdministrator <br /> <br />,- <br />