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HomeMy WebLinkAboutCCRes_02-01No. 02-01 CITY OF FALCON HEIGHTS COUNCIL RESOLUTION Date: Januarv 9, 2002 A RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORIES FOR THE CITY OF FALCON HEIGHTS BE IT HEREBY RESOLVED, by the city council of the City of Falcon Heights that the following financial institutions be designated as depositories for funds of the City of Falcon Heights: US Bank System, LMC 4M Fund (checking account) US Bank National Association Dain Bosworth Incorporated Solomon Smith Barney Incorporated Edward D. Jones FBS Investment Services Prudential Securities Minnesota Municipal Money Market Fund (4M Fund) and (4M Plus Fund1 Municipal Investors Service Corporation U.S. Bancorp Piper Jaffrey Wells Fargo Brokerage Services, LLC Paine Webber, Inc. BE IT FURTHER RESOLVED that the administrator or finance director is authorized to deposit general and other funds therein and handle investments and transfers of funds for the City of Falcon Heights. Collateral shall be furnished by the financial institutions as required by law. ------------------------------------------------------------------- Moved by: xuettel Approved by: Mayor Januarv 9, 2002 D t GEHRZ 5 In Favor Attested by: l ~~~~,~~ • ,j ~t~ ._ KUETTEL City Administrator LAMB 0 Against Januarv 9, 2002 LINDSTROM Date TALBOT •