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No. 97-01 <br />CITY OF FALCON HEIGHTS <br />COUNCIL RESOLUTION <br />Date: 1 /8/97 <br />------------------------------------------------------------ <br />A RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORIES FOR THE <br />CITY OF FALCON HEIGHTS <br />BE IT HEREBY RESOLVED, by the city council of the City of Falcon <br />Heights that the following financial institutions be designated as depositories for funds <br />of the City of Falcon Heights: <br />First Bank System, LMC 4M Fund (checking account) <br />Northstar Bank <br />First Bank <br />Dain Bosworth Incorporated <br />Smith Barney Incorporated <br />• Edward D. Jones <br />FBS Investment Services <br />Prudential Investment <br />Minnesota Municipal Money Market Fund (4M) and <br />Municipal Investors Service Corporation <br />Piper Jaffrey <br />Norwest Investment <br />Paine Webber, Inc. <br />BE IT FURTHER RESOLVED that the administrator or designee is <br />authorized to deposit general and other funds therein. Collateral shall be furnished by <br />the financial institutions as required by law. <br />------------------------------------------------------------ <br />Moved b Kuettel A roved b ~s-~ti~n ~ - -''~~ <br />Y NN Y <br />Mayor <br />Januarv 8, 1997 <br />GEHRZ 5 In Favor Date <br />GIBBON TALBOT /~ <br />HUSTAD 0 Against Attested by:~(~ l~C~ <br />JACOBS City Clerk <br />• KUETTEL Januarv 8, 1997 <br />Date <br />