HomeMy WebLinkAboutRES 14-003 Designating DepositoryCITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 14-003
A RESOLUTION DESIGNATING US BANK, N.A. OF ST. ANTHONY AS THE
OFFICIAL DEPOSITORY FOR CITY FUNDS FOR
THE CALENDAR YEAR 2014
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 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 14th day of January 2014.
Jerome O. Faust, Mayor
ATTEST: Aaama.
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Barbara Suciu, eity Clerk
Review for Administration: Va c
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Mark Casey, Ci Manager