#004 01-20-81 Aprove Savings Accounts at Midewst FederalL]
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Resolution #4
January 20, 1981 J
Member Johnson introduced and read the following resolution and moved its adoption:
RESOLUTION
Savings Accounts at Midwest Federal
BE IT RESOLVED by the City Council of the City of Golden Valley that
the City Treasurer is authorized to open savings accounts for this City at
Midwest Federal Savings and Loan Association of Minneapolis, and that said
association is hereby authorized to act without further inquiry in accordance
with writings bearing the signatures of anyone of such officers or to transfer
funds from the savings accounts for this City upon the telephone request of
any one of the following officers designated herein provided that said transfer
of funds will only be made to the City's checking account No. 10-004-0 at Golden
Valley State Bank until it receives notice of any change in the persons or the
number of persons authorized to act on behalf of this City, together with a
speciman signature of each such individual so authorized.
BY: Jeff Sweet
ITS: City Manager
BY: John Murphy
ITS: Treasurer
BY: Frank Baures
ITS: Deputy Treasurer
--ROSEM Y THORS _-- YOR
The motion for the adoption of the foregoing resolution was seconded by Member
Stockman and upon vote being taken thereon, the following members voted in favor
thereof: Anderson, Johnson, Mitchell, Stockman and Thorsen and the following
voted against the same: none, whereupon said resolution was declared duly passed
and adopted, signed by the Mayor and her signature attested by the Clerk.