HomeMy WebLinkAbout2018-001CITY OF LAKE ELMO
'ASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION 2018-01
FUNDS FOR 2018
WHEREAS, Minnesota Statutes, Chapter 427, requires the adoption of certain policies
and procedures pertaining to the deposit of public finds; and
WHEREAS, the statute also requires the designation of an official depository of funds b
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 Lake Elmo,
that the following financial institutions are hereby designated as the Official Depositories of Funds
for 201 : _
• Lake Elmo Bank
• Well Fargo Bank
• _ Northland Securities Inc.
• Morgan Stanley
ADOPTED BY THE CITY COUNCIL OF THE CITY OF LAKE ELMO THIS 2nd
DAY OF JAN[.TAI Y 2018.
CITY COUNCIL
CITY OF LAKE ELMO
r..
ry
By:
Tulips earson-
llayor
ATTEST.
Ju i oho
City Clem