HomeMy WebLinkAboutResolution 2015-01 Designating Official Depositories of Funds for 2015CITY OF LAKE ELMO
WASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION NO. 2015-01
A RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORIES OF
FUNDS FOR 2015
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 governnient 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 2015:
• Lake Elmo Bank
• Well Fargo Bank
• Northland Securities
• Morgan Stanley Smith Barney ,LC
ADOPTED BY THE CITY COUNCIL OF THE CITY OF LAKE ELMO THIS
THIRTEENTH DAY OF JANUARY 2015.
CITY COUNCIL
CITY OF LAKE ELMO
Mike Pearson
Mayor
ATTEST:
�arn Bell n_ �11
City Clerk
Resolution 2015-01