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HomeMy WebLinkAboutResolution 2011-002CITY OF LAKE ELMO WASHINGTON COUNTY, MINNESOTA RESOLUTION NO. 2011-02 A Resolution Authorizing Signatures for Payment of Funds from the Lake Elm* Bank WHEREAS, on January 4, 2011 the City designated the Lake Elmo Bank as one of the official depository for funds of the City of Lake Elmo; and NOW, THEREFORE, BE IT RESOLVED, the Lake Elmo City Council hereby approves the following: 1. The Mayor and City Administrator shall be the primary signatures on all checks and order for payments and withdraw funds on deposit with the Lake Elmo Bank 2. The Deputy Mayor and Finance Director shall be the secondary signatures on all checks and order for payments and withdraw funds on deposits with the Lake Elmo Bank, in the event absence of one of the primary signatures or an urgent special check is required 3. Current Mayor Dean Johnston, Deputy Mayor Anne Smith, City Administrator Bruce Messelt and Finance Director Thomas Bouthilet will serve in these capacities. Facsimile signature may be used to sign all checks and orders for payment of money and withdraw funds on deposiT with the Lake Elmo Bank 4. This Resolution shall continue to be in effect until modified by the City Council and expresses written notice of its rescission or modification has been received and recorded by the Lake Elmo Bank. ADOPTED, by the Lake Elmo City Council this 25th day of January, 201 l J� Dean Johnston, Ma � W Sharon Lumby City Clerk C"