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HomeMy WebLinkAboutCCRes_74-01CITY' OF FALCY3N 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, 1974- The following members were present : Mavnr Wa rkRnia Pn ~ .cynni 1 mc-n Rl an _~...r~ ~ Erkl nnrl anr9 StAal R , and the following were ab-sent: Councilwoman Stocker ~~incilman .Steele introduced the following Resolution and moved its adoption: RESQLtTtTON #~~ 1 RESOLUT'YON ]7ESIGNtATING THE OFFICIAL`` DEPOSITORY FOR THE aE~iA.L AND SINKING., FUNDS OF THE CITY OF FALCON HE~~TS ~ ~ , WHEREAS, The City of Falcon Heights;does not have a bank within its bonndariea 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 Stare. 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 required by law. The motion for the adoption of the foregoing Resolution was duly seconded by Councilman Black and upon a vote being taken thereon, the following-voted in favor thereof: Mayor Warken ;en,. Co~,:ci~men Blacks Bcklnnd ~nA Sta~l a -- , :and the following voted against the same: Nene Whereupon, he Resolution was declared duly passed and adop ed. ~~ ~ , WILI,T S C . A . WARKENTIEN, Mayo r Attest: ,/ r Ddwan .Barnes, Clerk-Administrator Regular meeting of January 10, 197It