HomeMy WebLinkAboutCCRes_06-01• CITY OF FALCON HEIGHTS
COUNCIL RESOLUTION
January 11, 2006
No. 06-01
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 Markets, Inc. (formerly Solomon Smith Barney)
Wachovia Securities (formerly Prudential)
Minnesota Municipal Money Market Fund (4M Fund) and (4M Plus Fund)
MBIA Municipal Investors Service Corporation
• 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: I~N~~'t~~ Approved by: ~ -~~~~
Susan L. Gehrz, Mayor
January 11, 2006
~ -
GEHRZ f'r~\ In Favor Attested by: ~'l/~~h`T~~ ~~/ry~~~~~~x,,
KUETTEL Heather M. Worthmgton
HARRIS ~ ~ ~~ Against City Administrator
LINDSTROM January 11, 2006
TALBOT
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