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RESOLUTION NO. 10029 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />RESOLUTION APPOINTING THE OFFICIAL NEWSPAPER, ACTING MAYOR, OFFICIAL <br />DEPOSITORY AND TREASURER FOR THE CITY OF MOUNDS VIEW FOR THE YEAR 2025 <br />WHEREAS, Minnesota state law requires that the City Council annual select and official city <br />newspaper; and <br />WHEREAS, Minnesota state law requires that the City Council annually select an official <br />depository for City funds; and <br />WHEREAS, Minnesota state law requires that the City Council annually elect an Acting <br />Mayor from among existing City Council Members; and <br />WHEREAS, Chapter 6, Section 6.04 of the City Charter states the City Council shall <br />appoint a City Treasurer whose duties shall be as specified by State Law. <br />NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Mounds <br />View does hereby appoint the following: <br />Official City <br />Primary: St. Paul Pioneer Press <br />Newspaper <br />Secondary: Press Publications (Shoreview Press) <br />Primary <br />American National Bank for checking accounts, savings accounts an <br />Depository <br />investments <br />Secondary <br />Minnesota Municipal Money Market Fund, PMA-4M Fund, Wells <br />Depositories <br />Fargo Advisors, LLC, RBC Dain Rauscher, Inc., Morgan <br />Stanley/Smith Barney, LLC, U.S. Bank Systems Investment Services; <br />Wells Fargo Bank N.A.; US Bank Corporate Trust Services; Federal <br />Reserve Bank of Minneapolis; US Bank N.A., Village Bank <br />Acting Mayor <br />Council Member Gary Meehlhause <br />BE IT FURTHER RESOLVED that the City Administrator, the Treasurer, or the Deputy <br />Treasurer are authorized to conduct banking and investment business on behalf of the City and <br />the persons appointed to these positions are the following: <br />Nyle Zikmund, City Administrator <br />Gayle Bauman, Treasurer <br />Amanda Bruzer, Deputy Treasurer <br />BE IT FURTHER RESOLVED that the Finance Director shall be delegated authority to make <br />electronic funds transfers. The Finance Director may delegate certain duties to appropriate <br />staff, but shall remain responsible for the operation of the transfer program. <br />Adopted this 6th day of January, 20 <br />ch Lindstrom, May r <br />ATTEST: v� <br />(SEAL) Nyl Zik nd, City Administrator <br />