HomeMy WebLinkAboutResolution 10029 - 2025/01/13RESOLUTION NO. 10029
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION APPOINTING THE OFFICIAL NEWSPAPER, ACTING MAYOR, OFFICIAL
DEPOSITORY AND TREASURER FOR THE CITY OF MOUNDS VIEW FOR THE YEAR 2025
WHEREAS, Minnesota state law requires that the City Council annual select and official city
newspaper; and
WHEREAS, Minnesota state law requires that the City Council annually select an official
depository for City funds; and
WHEREAS, Minnesota state law requires that the City Council annually elect an Acting
Mayor from among existing City Council Members; 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 City
Primary: St. Paul Pioneer Press
Newspaper
Secondary: Press Publications (Shoreview Press)
Primary
American National Bank for checking accounts, savings accounts an
Depository
investments
Secondary
Minnesota Municipal Money Market Fund, PMA-4M Fund, Wells
Depositories
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 Minneapolis; US Bank N.A., Village Bank
Acting Mayor
Council Member Gary Meehlhause
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:
Nyle Zikmund, City Administrator
Gayle Bauman, Treasurer
Amanda Bruzer, Deputy Treasurer
BE IT FURTHER RESOLVED that the Finance Director shall be delegated authority to make
electronic funds transfers. The Finance Director may delegate certain duties to appropriate
staff, but shall remain responsible for the operation of the transfer program.
Adopted this 6th day of January, 20
ch Lindstrom, May r
ATTEST: v�
(SEAL) Nyl Zik nd, City Administrator