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CCRes_06-01
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• CITY OF FALCON HEIGHTS <br />COUNCIL RESOLUTION <br />January 11, 2006 <br />No. 06-01 <br />A RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORIES FOR THE <br />CITY OF FALCON HEIGHTS <br />BE IT HEREBY RESOLVED, by the city council of the City of Falcon Heights <br />that the following financial institutions be designated as depositories for funds of the City of Falcon <br />Heights: <br />US Bank System, LMC 4M Fund (checking account) <br />US Bank National Association <br />RBC Dain Rauscher <br />Citigroup Global Markets, Inc. (formerly Solomon Smith Barney) <br />Wachovia Securities (formerly Prudential) <br />Minnesota Municipal Money Market Fund (4M Fund) and (4M Plus Fund) <br />MBIA Municipal Investors Service Corporation <br />• Wells Fargo Brokerage Services, LLC <br />BE IT FURTHER RESOLVED that the City Administrator or Finance Director is authorized to <br />deposit general and other funds therein and handle investments and transfers of funds for the City of <br />Falcon Heights. Collateral shall be furnished by the financial institutions as required by law. <br />------------------------------------------------------------------- <br />Moved by: I~N~~'t~~ Approved by: ~ -~~~~ <br />Susan L. Gehrz, Mayor <br />January 11, 2006 <br />~ - <br />GEHRZ f'r~\ In Favor Attested by: ~'l/~~h`T~~ ~~/ry~~~~~~x,, <br />KUETTEL Heather M. Worthmgton <br />HARRIS ~ ~ ~~ Against City Administrator <br />LINDSTROM January 11, 2006 <br />TALBOT <br />• <br />
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