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Resolution 0389
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Resolution 0389
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Last modified
6/25/2019 10:11:38 AM
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10/15/2010 4:11:40 PM
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MV City Council
City Council Document Type
Resolutions
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=b onewdum of up AWIPOW UO Devoe of benwatra Wt su* <br />I. That whereas it has submitted in writing to the_._TAZh=W-- -----Of said <br />VILLAGE OF MOUNDSVIEW __—its said proposal to be designated a depository of said <br />funds of said_-AILLAGE . . ........ . ........ . . <br />for the term from the—.-- 1st <br />day of.— JANUARY 19 68 , upon the terms of said proposal which i:: hereby made <br />a part hereof, and has assigned said securities and agreed to deposit the same with the Treasurer of said <br />VILLAGE or at such other place as the governing body of said <br />VILLAGE <br />......__.•....._.- . ... r _ ._-.__ .__ _ .._shaU'by resolution fix and determine for the safe -keeping of such <br />collateral together with such other securities as may during said term be substituted therefor or any part <br />thereof and additional thereto as security for the payment of ._0 -HUNDRED -MOMS—AND A—Na KQL I 00-----rn <br />= ------------------------------------ --- =Dollars of said public funds so to be deposited. <br />Main, ifflpreftre, If, in case it shall be designated such depository of said funds, it shall observe all <br />its duties as such depository according to the statutes of the State of Minnesota relating to depositories of <br />such public funds, which statutes are hereby made a part hereof, shall credit, account for, and pay over to <br />.. . . . ........ I TREASURER said VILLAGE <br />without exchange or other charges, on demand and its legal orders. all funds and moneys which 9W be de- <br />posited with it subject to such demands and orders, with interest thereon according to its said proposal, and <br />all funds and moneys which shall be deposited with it as time deposits, and interest thereon, as the same <br />shall become due. and at the end of said term shall credit, account for. and pay over, the same to the <br />of said VILLAGE- , all of which it <br />hereby promisea and agrees to do, this assignment and obligation shall become void and said securities shall <br />be surrendered and delivered to 4 by said FIRST STATE BANK OF NEW BRIGHTON <br />9 &-u Z___ -8 _&_.6•-A —" <br />_# A --It on its naft under the stat- <br />otherwise It sun" M and 1remain-9 _ <br />.F <br />utes of the State of Minnesota relating to depositories of public funds. it hereby authorizes and empowers <br />said VILLAGE and its governing body and officers. to sell and dispon <br />of all add securities, or such part thereof as shall be necessary, out of the proceeds thereof to retain and keep <br />the full amounts due to odd VILLAGE and to pay the <br />overplus, if any, to it as such depository, or its <br />In nftttssus 1114"N4 It has caused these presents to be executed in its corporate name by <br />its.— VICE PRESIDENT and_ CASHIER and its corporate <br />— of <br />seal to be hereunto affixed by authority of its board of directors thss lath day <br />JUNE —,19 68 <br />In Fres"ce of <br />FIPST STATE BANK OF BRIGHTON <br />C. J. musuer <br />z Vice Irresident <br />and <br />Menit)aUer <br />ItsCashier <br />
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