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RES 14-003 Designating Depository
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RES 14-003 Designating Depository
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5/14/2014 4:39:27 PM
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5/14/2014 3:47:25 PM
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City Council
Meeting Date
1/14/2014
Meeting Type
Regular
Document Type
Council Resolutions
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City Code Chapter Amendment
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Publication Newspaper
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Resolution #
14-003
Resolution Date Passed
1/14/2014
Resolution Summary
Resolution Title
Designating US Bank of St. Anthony as teh Official Depository for City Funds for the Calendar year 2014
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CITY OF ST. ANTHONY VILLAGE <br />STATE OF MINNESOTA <br />RESOLUTION 14-003 <br />A RESOLUTION DESIGNATING US BANK, N.A. OF ST. ANTHONY AS THE <br />OFFICIAL DEPOSITORY FOR CITY FUNDS FOR <br />THE CALENDAR YEAR 2014 <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 14th day of January 2014. <br />Jerome O. Faust, Mayor <br />ATTEST: Aaama. <br />u% <br />Barbara Suciu, eity Clerk <br />Review for Administration: Va c <br />U11 Z <br />Mark Casey, Ci Manager <br />
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