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<br />. <br /> <br />. <br /> <br />. <br /> <br />CITY OF ARDEN HILLS <br />COUNTY OF RAMSEY <br />ST ATE OF MINNESOTA <br /> <br />RESOLUTION NO. 03-01 <br /> <br />RESOLUTION DESIGNATING DEPOSITORIES <br />AND CORPORATE AUTHORIZATION <br /> <br />THIS IS TO CERTIFY THAT, at a meeting of the City Council of Arden Hills duly called <br />and held January 6, 2003, the following resolution was adopted: <br /> <br />RESOLVED, that the V,S. Bank St Paul, N.A. shall be the official depository for all <br />funds of the City of Arden Hills for the calendar year 2003; and, <br /> <br />BE IT FURTHER RESOLVED, that the City Treasurer shall from time to time, ascertain <br />that adequate security as required by the laws of the State of Minnesota, is furnished by such <br />depository to protect the City's deposited funds against financial loss; and <br /> <br />BE IT FURTHER RESOLVED, that checks of this corporation drawn on V,S, Bank St <br />Paul, N. A., hereinafter called the Bank, shall be signed by three of the following officers: <br /> <br />Beverly Aplikowski, Mayor; David Grant, Acting Mayor; <br />Joseph Lynch, Administrator; Terrance Post, Treasurer. <br /> <br />BE IT FURTHER RESOLVED, that the City Administrator is authorized to use a signature <br />stamp at such time as it becomes necessary for Mayor Beverly Aplikowski or Terrance R, Post, <br />Treasurer. <br /> <br />BE IT FURTHER RESOLVED, that the said bank is hercby authorized and directed to <br />honor and pay any checks so drawn as above set forth, whether or not such checks be payable to (he <br />order of the foregoing persons either in this individual or ot1icial capacity or deposited to this <br />individual credit, and whether or not such signatures are followed by the title or office of the person <br />slgnmg. <br /> <br />ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS <br />6th DAY OF JANUARY, 2003. <br /> <br />~-~ff (h~~.it. <br />Bevet!:y Aplikows , MA 0 . <br /> <br />ATTEST: <br /> <br />Joe Lynch, <br /> <br />