HomeMy WebLinkAboutCCRes_05-01No. 2005-01
CITY OF FALCON HEIGHTS
COUNCIL RESOLUTION
Date: January 12, 2005
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
RBC Dain Rauscher
Citigroup Global Mkts, Ina (formerly Solomon Smith Barney)
Edward D. Jones
Wachovia Securities (formerly Prudential)
Minnesota Municipal Money Market Fund (4M Fund) and (4M Plus Fund)
MBIA Municipal Investors Service Corporation
US Bancorp Piper Jaffrey
Wells Fargo Brokerage Services, LLC
BE IT FURTHER RESOLVED that the City 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.
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Moved by: Kuet t el Approved by: ~~
Susan L. Gehrz, Mayor '~
January 12, 2005
GEHFZ
KUETTEL
LAMB
In Favor Attested by: ~~~~ ~ ' y ~~,~
Heather M. Worthingto
Against
LINDSTROM -absent
TALBOT'
City Administrator
January 12, 2005