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HomeMy WebLinkAboutResolution 8039 RESOLUTION NO. 8039 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION APPOINTING THE ACTING MAYOR, OFFICIAL DEPOSITORY AND TREASURER FOR THE YEAR 2013 WHEREAS, Minnesota Statute 412.121 requires that City Councils annually elect an Acting Mayor from among Council Members; and WHEREAS, Minnesota Statute 427.01 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: 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. 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: James Ericson, City Administrator Mark Beer, Treasurer Agnes Quasabart, Deputy Treasurer Resolution 8039 Page 2 Adopted this 7th day of January, 2013. �Jde Flahe y, V . • ATTEST: James Ericson, City Administrator (SEAL)