HomeMy WebLinkAboutCC RES 66-005 DESIGNATION OF DEPOSITORY O VILLAGE FUNDS Meeting Sheet
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Box: 34
Folder: CC RES 1966
Document: CC RES 66-005 DESIGNATION OF DEPOSITORY O VILLAGE
FUNDS
• RESOLUTION NO. 66-005
RESOLUTION DESIGNATING DEPOSITORY FOR VILLAGE FUNDS
AND APPROVING SECURITIES FOR COLLATERAL WITH THE
STATE RANK OF THE VILLAGE OF ST. ANTHONY
BE IT RESOLVED BY the Village Council of the Village of St. Anthony
that the State Bank of the Village of St. Anthony, Minnesota, be hereby
designated as depository for the funds of the Village, and the Treasurer
is hereby authorized to open or continue an account or accounts with the
said bank on such terms as required by said bank in the name of the
Village, and to deposit, or cause to be deposited in such account or
accounts, any monies, checks, drafts, orders, notes, or other instruments
for the payment of money, upon compliance by said depository with this
resolution and the law in such case provided.
BE IT FURTHER RESOLVED, that until further notice of the Village of
St. Anthony by resolutions, withdrawals from the account or accounts shall
be only upon written order of the Treasurer, countersigned by the Village
Manager and the Mayor,
BE IT FURTHER RESOLVED that this notice shall continue in force until
December 31, 1966, or until written notice of its recision or modification
• has been received by said Bank.
BE IT FURTHER RESOLVED that said Bank deposit such securities in the
amount and in the manner required by law.
AND BE IT FURTHER RESOLVED, by the Village Council of the Village
of St. Anthony, Minnesota that the Village Manager be authorized to accept
such securities as collateral as required by law, and that said collateral
be deposited at an appropriate bank within the City of Minneapolis,
Minnesota for safe keeping
Mayor
ATTEST:
Village ClerkVill Manager
J
Adopted this ay of 1966
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