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RESOLUTION NO. 67-005 <br /> RESOLUTION DESIGNATING DEPOSITORY FOR VILLAGE FUNDS <br /> AND APPROVING SECURITIES FOR COLLATERAL WITH THE <br /> STATE BANK OF THE VILLAGE OF ST. ANTHONY <br /> BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF ST. ANTHONY <br /> THAT THE STATE BANK OF THE VILLAGE OF ST. ANTHONY, MINNESOTA, BE HEREBY <br /> DESIGNATED AS DEPOSITORY FOR THE FUNDS OF THE VILLAGE, AND THE TREASURER <br /> IS HEREBY AUTHORIZED TO OPEN OR CONTINUE AN ACCOUNT OR ACCOUNTS WITH THE <br /> SAID BANK ON SUCH TERMS AS REQUIRED BY SAID BANK IN THE NAME OF THE <br /> VILLAGE, AND TO DEPOSIT, OR CAUSE TO BE DEPOSITED IN SUCH ACCOUNT OR <br /> ACCOUNTS, ANY MONIES, CHECKS, DRAFTS, ORDERSi NOTES, OR OTHER INSTRUMENTS <br /> FOR THE PAYMENT OF MONEY, UPON COMPLIANCE BY SAID DEPOSITORY WITH THIS <br /> RESOLUTION AND THE LAW IN SUCH CASE PROVIDED* <br /> BE IT FURTHER RESOLVED, THAT UNTIL FURTHER NOTICE OF THE VILLAGE OF <br /> ST. ANTHONY BY RESOLUTIONS, WITHDRAWALS FROM THE ACCOUNT OR ACCOUNTS SHALL <br /> BE ONLY UPON WRITTEN ORDER OF THE TREASURER, COUNTERSIGNED BY THE VILLAGE <br /> MANAGER AND THE MAYOR <br /> BE IT FURTHER RESOLVED THAT THIS NOTICE SHALL CONTINUE IN FORCE UNTIL <br /> DECEMBER 31 , 1967, OR UNTIL WRITTEN NOTICE OF ITS RECISION OR MODIFICATION <br /> HAS BEEN RECEIVED BY SAID BANK. <br /> BE IT FURTHER RESOLVED THAT SAID BANK DEPOSIT SUCH SECURITIES IN THE <br /> • AMOUNT AND IN THE MANNER REQUIRED BY LAW. <br /> AND BE IT FURTHER RESOLVED, BY THE VILLAGE COUNCIL OF THE VILLAGE <br /> OF ST. ANTHONY, MINNESOTA, THAT THE VILLAGE MANAGER BE AUTHORIZED TO ACCEPT <br /> SUCH SECURITIES AS COLLATERAL AS REQUIRED BY LAW, AND THAT SAID COLLATERAL <br /> BE DEPOSITED AT AN APPROPRIATE BANK WITHIN THE CITY OF MINNEAPOLIS, <br /> MINNESOTA, FOR SAFE KEEPING. <br /> MAYOR <br /> ATTEST: <br /> CLER � <br /> 12 <br /> �ANAGER <br /> • ADOPTED THIS DAY OF JANUARY, 1967• <br />