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ITEM 3.10 City Rep for bankingTY 0 Ot 0 C1eF MINNESOTA DEPARTMENT INFORMATION Request for City Council Action ORIGINATING DEPARTMENT: REQUESTOR: MEETING DATE: Administration Lori Johnson, City Administrator September 23, 2013 PRESENTER(s): REVIEWED BY: ITEM #: Consent 3.10 AGENDA ITEM DETAILS RECOMMENDATION: Recommendation to add Administrative Services Director Dan Jordet as an authorized City representative for banking and investment purposes. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: Administrative Services Director Dan Jordet's name needs to be added to various bank and investment accounts as an authorized City representative. This information has previously been provided to the banks; however, at least one bank has requested a motion by the City Council before the bank will officially change the account authorizations. SUPPORTING DOCUMENTS: ❑ ATTACHED X❑ NONE POSSIBLE MOTION Please word motion as you would like it to appear in the minutes. Motion to remove Gary Groen as an authorized City representative from all bank and investment accounts retroactive to June 14 and and to add Daniel Jordet as an authorized City representative from all bank and investment accounts. BUDGET INFORMATION FUNDING: BUDGETED: ❑ YES N/A ❑ NO ACTION TAKEN ❑ APPROVED AS REQUESTED ❑ DENIED ❑ TABLED ❑ OTHER (List changes) COMMENTS: