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HomeMy WebLinkAboutCC RES 98-005 RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORY FOR CITY FUNDS Meeting Sheet IIIIII VIII VIII VIII VIII VIII IIII IIII 103127 Box: 26 Folder: RES 1998 Document: CC RES 98-005 RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORY FOR CIN FUNDS • CITY OF ST. ANTHONY RESOLUTION 98-005 A RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORY FOR CITY FUNDS BE IT RESOLVED by the City Council of the City of St. Anthony, that the Firstar St. Anthony Bank is hereby designated 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. FURTHER RESOLVED, that this notice shall continue in force until December 31, 1998, or until written notice of its recision or modification has been received by said bank. FURTHER RESOLVED, that said bank deposit such securities in the amount and in the manner required by law. 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 Firstar St. Anthony Bank for safekeeping. • FURTHER RESOLVED, that the City Clerk shall transmit to the Firstar St. Anthony Bank a copy of this resolution. Adopted this 1 3 day of ahA4,L4 a2Lc4 1998. 4yvor ATTEST:_( � City Clerk Reviewed for administration: qty6haager