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2658 <br />one-hundred and forty-five thousand dollars (~ll~5,000.00). ~T <br />I <br />RESOLVED FURTHER that the collateral shall be ~----~i <br />furnisYted_ by ,the Falcon Heights State Bank in lieu of the <br />' corporate or surety bond required by law, consisting of '~ <br />one-hundred and forty thousand dollars (#11~0~000) face of <br />U. S. Government Obligations accompanied. by an assignment <br />providing that in case of default on the part of the Falcon <br />Heights State Banks the Council has full pourer and authority <br />to sell the co~.lateral or so much as may be necessary to <br />realize the full amount due the municipality. <br />RESOLVr~ FURTHER that checks of the Village of Falcon <br />Heights drawn upon the said bank account shall be honored <br />by said bank only if signed by the Mayor, the Clerk and the <br />Treasurer of the Village of Falcon Heights, Minnesota. In <br />the absence of the Mayor, the .Acting Mayors signature . <br />shall be honored. <br /> RESOLVE FURTHER that this designation shall be effective <br /> until the_end of the present council year. <br /> Upon a vote being taken, the resolution was declared unanimously <br /> passed and adopted. <br />Posting Places: On motion by Blacks seconded by Strandquist and carried the <br /> following places were designated_as official posting places: <br /> (1) Village Hall - 16~ West Larpenteur Avenue ~ <br /> _ <br />(2) Applebaum~s Market -.1558 West Larpenteur Avenue <br /> (3) Blomberg~s Store - 3owa and Ham].ine Avenue <br /> (!t) Falcon Heights Pharmacy - 1707 North„Snelling Avenue. <br />B & E Patrol for Strandquist moved seconded by Black that B & E Patrol be <br />Animal Control: retained to furnish animal control services.. Motion was carried. <br />Safe Deposit Box: <br />r Strandquist moved, seconded by Black to continue renting a <br /> safe deposit box at the Falcon Heights State Bank. Motion <br /> was carried. <br />Office cif Police Stone moved, seconded by Black that the office of Police <br />`Commissioner ~ Commissioner be a'oolished inasmuch as the law enforcement <br />Abolished: services are contracted to Ramsey County Sheriff is `" <br /> Department. Ayes: Warkentien~ Strandquist Black and <br /> Stone. Nays:_ None._ Motion was carried. <br />Acting Mayor: Warkentien moved seconded by Strandquist that Charles P. <br />. Stone be appointed acting mayor to conduct duties of the .. <br /> mayor in the event Mayor Warkentien is absent. Motion was <br /> carried: <br />Municipal Bond ffiack moved seconded by Stone that the firm of J <br />uran and <br />Consultants: Moody be appointed as municipal bond consultants, Motion <br /> was carried. <br />Representative and Strandquist introduced the following resolution and moved ~ ~~ <br />Alternate its adoption: <br />Representative - <br />Ramsey County YV'HE~ ~' ,S, the Village of Falcon Heights is a member in <br />League of -~ <br />1R __', ,~ ~~~ , ~odod standing of the Ramsey County League of Municipalities, <br />