HomeMy WebLinkAbout09-01 Official DepositoriesCITY OF FALCON HEIGHTS
COUNCIL RESOLUTION
January 14, 2009
No. 09-01
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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 Public Fund Services
Smith/Barney Citigroup Global Markets, Inc.
Wachovia Securities
Minnesota Municipal Money Market Fund (4M Fund) and (4M Plus Fund)
DMA Securities Inc (4M and 4M Plus Investment Pools)
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: Approved by: ________________________
Peter Lindstrom, Mayor
January 14, 2009
LINDSTROM ____ In Favor Attested by: ________________________
KUETTEL Justin Miller
HARRIS ____ Against City Administrator
LONG January 14, 2009
MERCER-TAYLOR