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RES 16-004 DESIGNATING US BANK, N.A.OF ST. ANTHONY VILLAGE AS THE OFFICIAL DEPOSITORY FOR CITY FUNDS FOR THE CALENDAR YEAR 2016
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RES 16-004 DESIGNATING US BANK, N.A.OF ST. ANTHONY VILLAGE AS THE OFFICIAL DEPOSITORY FOR CITY FUNDS FOR THE CALENDAR YEAR 2016
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1/13/2016 10:30:09 AM
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1/13/2016 10:30:09 AM
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City Council
Meeting Date
1/12/2016
Meeting Type
Regular
Document Type
Council Resolutions
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CITY OF SAINT ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 16 -004 <br />A RESOLUTION DESIGNATING US BANK, N.A. OF SAINT ANTHONY VILLAGE AS <br />THE OFFICIAL DEPOSITORY FOR CITY FUNDS FOR THE CALENDAR YEAR 2016 <br />BE IT RESOLVED that the City Council of the City of Saint Anthony Village hereby designates <br />that US Bank, N.A. of St. Anthony as a depository for the funds of the City and that said bank <br />shall also be the bank for this City with respect to any /all other banking services required or used <br />by this City. <br />BE IT FURTHER RESOLVED, that said bank deposit such securities in the amount and in the <br />manner required by law. <br />BE IT FURTHER RESOLVED, that the Finance Director be authorized to accept such securities <br />as collateral as required by law, and that said collateral be held at the US Bank of Saint Anthony <br />Village for safekeeping. <br />BE IT FURTHER RESOLVED, the City Clerk shall transmit to the US Bank, N.A. of Saint <br />Anthony Village a copy of this resolution. <br />Adopted this 12`h day of January, 2016. <br />Jerome O. Faust, Mayor <br />ATTEST: <br />Nico e Miller, City Cl rk <br />Review for Administration: &1 4 <br />Klark'Casey, qty Manager <br />
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