HomeMy WebLinkAboutCC RES 69-013 RESOLUTION DESIGNATIN ADDITIONAL DEPOSITORY FOR VILLAGE FUNDS AND APPROVING SECURITIES FOR COLLATERAL WITH THE FIDELITY STATE BANK OF MINNEAPOLIS Meeting Sheet
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Box: 34
Folder: CC RES 1969
Document: CC RES 69-013 RESOLUTION DESIGNATIN ADDITIONAL
DEPOSITORY FOR VILLAGE FUNDS AND APPROVING SECURITIES FOR
COLLATERAL WITH THE FIDELITY STATE BANK OF MINNEAPOLIS
RESOLUTION NO. 69-013
RESOLUTION DESIGNATING ADDTTIONAL DE-
POSITORY FOR VILLAGE FUNDS AND APPROV-
ING SECURITIES FOR COLLATERAL WITH THE
FIDELITY STATE BANK OF MINNEAPOLIS
BE IT RESOLVED BY the Village Council of the Village of St.
Anthony that the Fidelity State Bank of Minneapolis, Minnesota, be
hereby designated as additional 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 , 1969, or until written notice of its recision
or modification has been received by said bank,
• BE IT FURTHER RESOLVED that said bark 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.
Adopted this i day of March, 1969.
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ATTEST:
. Vi 11a \Clerk
Vi age Manager