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Item No: 07A <br />Meeting Date: January 5, 2014 <br />Type of Business: CB <br />City Administrator Review: _____ <br /> <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Desaree Crane, Assistant City Administrator <br /> <br />Item Title/Subject: Resolution 8351 Selection of the Acting Mayor, <br />Treasurer and Official Depositories for 2015 <br /> <br /> <br />Background: <br /> <br />In accordance with Minnesota state law, it requires the City Council to annually select an <br />Acting Mayor from among City Council Members. In addition, state law also requires the City <br />Council to annually select an official depository for City funds. <br /> <br />In accordance with Section 6.04, of the Mounds View City Charter, it requires the City <br />Council to appoint a City Treasurer. <br /> <br /> <br />Discussion: <br /> <br />The attached resolution appoints the treasurer consistent with Section 6.04 of the City <br />Charter, and also lists the city job positions that are authorized to conduct banking and <br />investment business on behalf of the City. <br /> <br /> <br />Recommendation: <br /> <br />Designate the City’s Acting Mayor, and adopt Resolution 8351. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br /> <br />___________________________ <br />Desaree Crane <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />