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HomeMy WebLinkAboutCCRes_79-01CITY 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 10th day of January, 19?9• The following members were present: Mayor Warkentien Councilmembers Black, McGough, Steele and Brown and the i'ollowing were absent: None. Councilmember Black introduced the following Resolution and moved its adoption. RESOLUTION 79 -1 A RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORY FOR THE GENERAL AND SINKING FUNDS OF THE CITY OF FALGON 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. i BE IT FURTHER RESOLVF~, 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 Councilmember 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. ,~ Willis C. A. Warkentien, Mayor Attest: ;~ ,,~ Dewan B. Barnes, Clerk Administrator Regular Meeting of January 10, 1979