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