HomeMy WebLinkAboutCC RES 11-003 RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORY FOR CITY FUNDS Meeting Sheet
IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII
103869
Box: 31
Folder: RES 2011
Document: CC RES 11-003 RESOLUTION DESIGNATING THE OFFICIAL
DEPOSITORY FOR CIN FUNDS
CITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 11-003
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 US 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,
2008, 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 US Bank
of St. Anthony for safekeeping.
BE IT FURTHER RESOLVED, the City Clerk shall transmit to the US Bank, N.A. of St.
Anthony a copy of this resolution.
Adopted this 11th day of January, 2011.
jayor
ATTEST: `
City Clerk
Review for Administratio
City Manager
FACouncil Meetings\2011\01112011\resdepository for city funds.doc