HomeMy WebLinkAboutResolution 8687 RESOLUTION NO. 8687
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION APPOINTING OFFICIAL NEWSPAPER, ACTING MAYOR, OFFICIAL
DEPOSITORY AND TREASURER FOR THE YEAR 2017
WHEREAS, Minnesota state law requires that City Councils annually elect an
Acting Mayor from among City Council Members; and
WHEREAS, Minnesota state law 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 Sherry Gunn
Official Newspaper: Primary: Sun Focus
Secondary: St. Paul Pioneer Press
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.
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.
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 8687
Page 2
Adopted this 3rd day of January, 2017.
41/6
Carol Mueller, Mayor
ATTEST:
ja/INIU 9A2A-A-1S11/1-/
James Ericson, City Administrator
(SEAL)