RES 18-31CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2018-31
APPROVING INVESTMENT BROKERS
WHEREAS, the Otsego City Council must on an annual basis authorize the investment brokers for the
purpose of investing public monies in accordance with the City's investment policy.
NOW, THE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO,
MINNESOTA:
1. That the following investment brokers are approved for the purpose of investing public monies:
a. Wells Fargo Securities, LLC
b. Oppenheimer & Co., Inc.
c. PMA Financial Network, Inc.
d. Moreton Capital Markets
ADOPTED by the Otsego City Council this 23rd day of April, 2018,
CITY OF OTSEGO
ATTEST:
ja,o�N-V-\ Tami off, City Cleric
MOTION made by Council Member Heidner and SECONDED by Council Member
Tanner
IN FAVOR: Stockamp, Heidner, Tanner, Darkenwald
OPPOSED:
None
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