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CITY OF ST. ANTHONY VILLAGE <br /> STATE OF MINNESOTA <br /> RESOLUTION 11-003 <br /> A RESOLUTION DESIGNATING THE OFFICIAL <br /> DEPOSITORY FOR CITY FUNDS <br /> BE IT RESOLVED that the City Council of the City of St. Anthony hereby designates <br /> that US Bank, N.A. of St. Anthony as a depository for the funds of the City and that said <br /> bank shall also be the bank for this City with respect to any/all other banking services <br /> required or used by this City. <br /> BE IT FURTHER RESOLVED, that this notice shall continue in force until December 31, <br /> 2008, or until written notice of its revision or modification has been received by said <br /> bank. <br /> BE IT FURTHER RESOLVED, that said bank deposit such securities in the amount and <br /> in the manner required by law. <br /> BE IT FURTHER RESOLVED, that the Finance Director be authorized to accept such <br /> securities as collateral as required by law, and that said collateral be held at the US Bank <br /> of St. Anthony for safekeeping. <br /> BE IT FURTHER RESOLVED, the City Clerk shall transmit to the US Bank, N.A. of St. <br /> Anthony a copy of this resolution. <br /> Adopted this 11th day of January, 2011. <br /> jayor <br /> ATTEST: ` <br /> City Clerk <br /> Review for Administratio <br /> City Manager <br /> FACouncil Meetings\2011\01112011\resdepository for city funds.doc <br />