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Mounds View City Council January 10, 2005 <br />Regular Meeting Page 9 <br />Finance Director Hansen stated that the investments are done during the day, and investments <br />wouldn't be honored Tuesday morning if taken before the Council on a Monday night. <br />Mayor Marty stated that he would feel comfortable with having two signatures on investments <br />rather than one. <br />City Administrator Ulrich suggested they take some work session time to look at the City's <br />investment policies. <br />Finance Director Hansen stated that Minnesota state law limits what any City Finance Director <br />can invest in, and that there are some items allowed by law that he doesn't feel comfortable <br />investing in, so as a matter of practice, he is more restrictive than the law allows. <br />Council Member Flaherty stated he would like this issue to be discussed at a work session. <br />Finance Director Hansen stated that he recommended that they pass the entire resolution since <br />they do have business that they need to conduct day-to-day. <br />Ayes-4 Nays-0 Motion carried. <br />B. Resolution 6424 Appointing City Council Members and City Staff as <br />Representatives for City Commissions and other organizations. <br />• Mayor Marty stated he would have to decline the Northwest Youth and Family Services Board <br />because of his schedule. <br />Council Member Stigney volunteered for the Human Resources Committee. <br />Council Member Flaherty volunteered for the Human Resources Committee. <br />Council Member Gunn volunteered to be on the Y Committee. <br />Mayor Marty volunteered to be on the Y Committee. <br />Council Member Flaherty volunteered to be on the Ramsey County League and Local <br />Government Committee. <br />Council Member Stigney stated that he could continue as an interim on the Spring Lake Park/ <br />Blaine/Mounds View Firemans Relief Association. <br />Mayor Marty stated they would have to leave the position on the Northwest Youth and Family <br />Services open until the new Council member was elected. <br />MOTION/SECOND. Gunn/Stigney. To approve Resolution 6424, Appointing City Council <br />• Members and City Staff as Representatives for City Commissions and other organizations as it <br />was filled out during <br />