93-069 - 09-07 Designate Additional Depository For City FundsResolution 93-69
September 7, 1993
Member Stockman introduced the following resolution and moved its adoption:
RESOLUTION DESIGNATING ADDITIONAL DEPOSITORY FOR CITY FUNDS
BE IT RESOLVED by the City Council of the City of Golden Valley that the
following is named as depository for City Funds subject to the furnishing of
collateral for funds on deposit as provided in the Laws of the State of Minnesota:
Marquette Bank Golden Valley
BE IT FURTHER RESOLVED that the following signatories or alternates are
authorized to be signatories on checks drawn on funds deposited:
1. Imprest Fund Checking (Brookview Golf Activity):
Signatories shall be as designated by the City Manager who shall notify
the bank at the time of authorization or change of authorization and
each check shall require one (1) signature.
The City Manager and City Clerk are authorized and directed to furnish each of
the depository with a certified copy of this resolution along with such signature
documentation as is required by the depository and the authorizations set forth
under 1 above. ) — n A
ATTEST:
Shirley JdNI61soh, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Thompson and upon a vote being taken thereon, the following voted in favor
thereof: Bakken, Johnson, Stockman and Thompson; and the following was absent:
Russell, and the following voted against the same: none, whereupon said
resolution was declared duly passed and adopted, signed by the Mayor and his
signature attested by the City Clerk.