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HomeMy WebLinkAboutCCRes_78-01CITY OF FALCON HEIGHTS Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Falcon Heights, Minnesota, was held ~. on the 11th day of January, 1978. The following members were present: Mayor Warkentien, Council- members Black, McGough, Steele and Brown, and the following were absent: None. Councilman McGough _introduced the following Resolution and moved its adoption. RESOLUTION 78-1 A RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORY FOR THE GENERAL AND SINKING FUNDS OF THE CITY OF FALCON HEIGHTS WHEREAS, The City of Falcon Heights does not. have a bank within its boundaries, and in the past has designated North Star State Bank, Roseville as its depository for the funds of the City of Falcon Heights. NOW THEREFORE, BE IT HEREBY RESOLVED, by the City Council of the City of Falcon Heights: That the North Star State Bank of Roseville be designated as depository for the funds of the City of Falcon Heights, and the City Treasurer is authorized to deposit general and other funds therein. ~° BE IT FURTHER RESOLVED, that collateral shall be furnished by the North Star State Bank as required by law. The motion for the adoption of the foregoing Resolution was duly seconded by Councilman Steele and upon a vote being taken thereon, the following voted in favor thereof: Mayor Warkentien, Councilmembers Black, McGough, Steele and Brown, and the following voted against the same: None WHEREUPON, the Resolution was declared duly. passed and adopted. ,, i WILLIS C.A. WARKENTIEN, MAYOR At ~t Dewan B. Barnes Clerk Administrator Regular Meeting of January 11, 1978