#82-044 05-18-82 Change Brookview Checking Account to SavingsResolution 82-44
May 18, 1982 309
Member Johnson introduced and read the following resolution and moved its
adoption:
RESOLUTION CHANGING BROOKVIEW CHECKING ACCOUNT TO SAVINGS ACCOUNT
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota,
as follows:
That Golden Valley State Bank, a United Bank is hereby designated as a depositary
for the funds of this corporation, and any officer or other persons hereinafter
named is hereby authorized for and on behalf of this corporation to open or
continue an account or accounts with said Bank and to execute and deliver to said
Bank signature card or cards supplied by said Bank containing specimen signatures
of officers or other persons hereinafter named and assenting to said Banks Rules
and Regulations Governing Bank Accounts, and that any officer or other person
hereinafter named is hereby authorized for and on behalf of this corporation to
endorse or cause to be endorsed and to desposit or cause to be deposited in such
account or accounts from time to time checks, drafts and other instruments and
funds payable to or held by this corporation.
That checks, drafts and other withdrawal orders and any and all other directions
and instructions of any character with respect to funds of this corporation now
or hereafter with said Bank may be signed by any two of the following: Jeff
Sweet, City Manager; John Murphy, Treasurer; and Frank Baures, Deputy Treasurer;
and said Bank is hereby fully authorized to pay and charge to such account or
accounts any checks, drafts and other withdrawal orders so signed, and to honor
any directions or instructions so signed, whether or not payable to the individual
order of or deposited to the individual account of or inuring to the individual
benefit of any of the foregoing officers or persons.
That said Bank shall be entitled to rely upon a certified copy of these resolutions
until written notice of modification or rescission has been furnished to and
received by said Bank.
Roseftry ThorsenX Mayor
ATTEST:
_r 1
Jf Nallo Deputy Ci Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Stockman and upon a vote being taken thereon, the following 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 Deputy
City Clerk.