HomeMy WebLinkAboutCC RES 07-002 RESOLUTION ESIGNATING THE OFFICIAL DEPOSITORY FOR CITY FUNDS Meeting Sheet
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Folder: RES 2007
Document: CC RES 07-002 RESOLUTION ESIGNATING THE OFFICIAL
DEPOSITORY FOR CIN FUNDS
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CITY OF ST. ANTHONY
RESOLUTION 07-002
A RESOLUTION DESIGNATING THE OFFICIAL
DEPOSITORY FOR CITY FUNDS
BE IT RESOLVED that the City Council of the City of St. Anthony hereby designates
that Bremer Bank, N.A. of St. Anthony as a depository for the funds of the City and that
said bank shall also be the bank for this City with respect to any/all other banking
services required or used by this City.
BE IT FURTHER RESOLVED, that this notice shall continue in force until December 31,
2007, or until written notice of its revision 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.
• BE IT FURTHER RESOLVED, that the Finance Director be authorized to accept such
securities as collateral as required by law, and that said collateral be held at the Bremer
Bank of St. Anthony for safekeeping.
BE IT FURTHER RESOLVED,that the City Clerk shall transmit to the Bremer Bank,
N.A. of St. Anthony a copy of this resolution.
Adopted this 9th day of Tanugly, 2007.
M yor
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FACouncil Meetings\2007\010907\depository for city funds.doc