HomeMy WebLinkAboutRESOLUTION 2017-001CITY OF LAl ELMO
WAS14INGTON COUNTY
STATE OF MINNESOTA
SOLUTION 2017-001
SOLUTION DESIGNATING THE OFFICIAL DEPOSITORIES OF
FUNDS FOR 2017
WHEREAS, Minnesota Statutes, Chapter 427,requires the adoption of certain policies
and procedures pertaining to the deposit of public funds; and
WHEREAS, the statute also requires the designation of an official depository of funds by
a local government each year within 30 days of the beginning of the fiscal year.
NOW THEREFORE BE IT RESOLVED, by the City Council of the City of Labe Elmo
that the following financial institutions are hereby designated as the Official Depositories of Funds
for2015:
• Lake Elmo Bank
• Well Fargo Bank-
• Northland Securities
• Morgan Stanley Smith Barney LLC
ADOPTED BY THE E CITY COUNCIL OF THE CITY OF LAKE ELMO THIS
THIRD DAY OF JANUARY 2017.
CITY COUNCIL
CITY OF LAKE ELMO
.w-M 1i� Pearson
Mayor
Resolution o 2016-01