HomeMy WebLinkAboutResolution 7718 RESOLUTION NO. 7718
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION APPOINTING OFFICIAL NEWSPAPER, ACTING MAYOR, OFFICIAL
DEPOSITORY AND TREASURER FOR THE YEAR 2011
WHEREAS, Minnesota Statute 412.831 requires that City Councils annually
designate a newspaper of general circulation as its official newspaper; and
WHEREAS, Minnesota Statute 412.121 requires that City Councils annually
elect an Acting Mayor from among Council Members; and
WHEREAS, Minnesota Statute 427.012 requires that City Councils annually
select an official depository for City funds; and
WHEREAS, Chapter 6, Section 6.04 of the City Charter states the City Council
shall appoint a City Treasurer whose duties shall be as specified by State Law.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Mounds View does hereby appoint the following:
Official Newspaper: Primary: Sun Focus
Secondary: St. Paul Pioneer Press
Acting Mayor: Councilmember Carol Mueller
Primary Depository: Western Bank (for checking accounts, savings
accounts and investments)
Secondary Depositories: Minnesota Municipal Money Market Fund
PMA -4M Fund
Wells Fargo Advisors, LLC
RBC Dain Rauscher, Inc.
CitiGroup Global Markets, Inc.
Morgan Stanley /Smith Barney, LLC
U.S. Bank Systems Investment Services
Wells Fargo Bank N.A.
US Bank Corporate Trust Services
Federal Reserve Bank of Mpls.
TCF National Banks
US Bank N.A.
Resolution 7718
Page 2
BE IT FURTHER RESOLVED that the City Administrator, the Treasurer, or the
Deputy Treasurer are authorized to conduct banking and investment business on behalf
of the City and the persons appointed to these positions are the following:
Jim Ericson, City Administrator
Mark Beer, Treasurer
Mary Tatarek, Deputy Treasurer
Adopted this 3rd day of January, 2011.
Jo Flahe or
ATTEST:
GiWL
James Ericson, City Administrator
(SEAL)