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252. and Stone introduced the following resolution and moved its adoption: RESOLVED that the Falcon Heights State Bank of Falcon Heights, Minnesota be and is hereby designated as a depository for the funds of the Village of Falcon Heights anc# that the Village Treasurer is authorized to deposit General and other Village Funds therein to the amount of one-hundred and forty-fivethousand dollars (~11i.5,000). RFSOLZtED FURTHER. that the collateral shall be furnished by the Falcon Heights State Bank in lieu of the corporate or surety bond... required by law, consisting of one- hundred and forty thousand dollars (1l~0,000) face of U. S. Government Obligations accompanied by an assignment pro- viding that in case of default on the part of the Falcon Heights State Bank, the Council has full pourer and .authority to sell the collateral or so much as may. be necessary to realize the full amount due the municipality. RESOLVID FURTHER that checks of the Village of Falcon Heights drawn upon. the said. bank account shall be honored by said bank only if signed by the Mayor, the Clerlc and the Treasurer of the Village of Falcon Heights, ~dinnesota. RESOLVF~ FURTHER that this designation shall, be effective.. until the end of the present council year. _ Seconded by Strandquist and upon a vote being talten, the resolution was declared unanimously passed and adopted. Klattrs Addition No. 2 Black introduced the following resolution .and moved its Resolution Determining adoption: Suffici.ency.of Petition: ~ ~ iAS, the Council has received a petition (copy of which is on file in the office of the Village Clerk) signed by all of the owners of real property abutting upon, the street named in said petition for the construction of street, curb and. gutter and sanitary sewer improvements on Sheldon Street between Ruggles anc~ Roselawn Avenue, as more .fully appears in said .petition; and ~IERI;AS, said petitioners have waived their rights to public. hearings on said proposed construction of said improvements; and YVIiF.REAS, said petitioners have petitioned to have the entire cost of the construction of said improvements assessed against their properties; NOa{(, THEREFORE, BE IT RESOLVED by the Village Council of the Village of Falcon I~eights,_Minnesota as follows: 1. Said petition is received and the Clerk shall file the same with the Village records. 2. The Council hereby finds, determines and declares that the petition attached hereto has been signed by all the owners of the real properties abutting upon the street named