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CITY OF LAKE ELMO <br />WASHINGTON COUNTY <br />STATE OF MINNESOTA <br />RESOLUTION 018-11 <br />RESOLUTION TO DESIGNATE FIRST RESOURCE BANK AS AN <br />OFFICIAL DEPOSITORY OF FUNDS <br />WHEREAS, Miri es to Statutes, {chapter 427, requires the adoption of certain policies <br />and procedures pertaining to the deposit of public funds; and <br />NOW THEREFORE BE IT RESOLVED, by the City Council of the City of Lake Elmo, <br />that the following financial institutions are hereby designated as the Official Depositories of Funds: <br />First Resource Bank <br />ADOPTED BY THE CITY COUNCIL OF THE CITY OF LAKE ELMO THIS1 t <br />DAY OF OCTOBER 2018. <br />CITY COUNCIL <br />CITY OF LAKE ELMO <br />H� <br />By:, µ <br />Mike Pearson <br />Mayo <br />