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20 <br />CITY OF ST. ANTHONY <br />RESOLUTION 12-003 <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 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 10th day of January, 2012. <br />ATTEST: <br />Mayor <br />City Clerk <br />Review for Administration---------- <br />City <br />dministration______City Manager <br />FACounciI Meetingsk2012k0r 102012\esdepository for city fimds.doc <br />