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NOW, THEREFORE, BE IT RESOLVED by the City Council <br />of the City of Mounds View, Minnesota, as follows: <br />1. The actions of the City administration in <br />purchasing the required government obligations, arranging <br />for their deposit with Norwest Bank Minneapolis, N.A., <br />as escrow agent, and arranging for the preparation of the <br />necessary escrow agreement are hereby approved and ratified. <br />2. The form of Escrow Agreement between the City <br />and Norwest Bank Minneapolis, N.A., a copy of which has been <br />presented to the Council, is approved, and execution of said <br />Agreement by the Mayor and City Administrator is approved and <br />ratified. <br />Adopted this _ day of February, 1984. <br />Mayor <br />Attest: <br />City Administrator-Clerl: <br />171 <br />