95-31Councilmember Black introduced the following resolution and moved its adoption:
RESOLUTION NUMBER 95-31
RESOLUTION ADDING DEPOSITORIES TO RESOLUTION 95-26
A RESOLUTION ESTABLISHING DEPOSITORIES
FOR CITY FUNDS
WHEREAS, the City of Otsego each year must stipulate official depositories for
city funds and,
WHEREAS, from time to time it is necessary to add depositories to be used for
investments of city funds.
NOW, THEREFORE, BE IT RESOLVED, that the City of Otsego designates the
following additional depositories as official city depositories of city funds:
Investment Center Located at Bank of Elk River - Elk River, Mn
Investment Center Located at First National Bank of Elk River -
Anoka Office - Anoka, Mn
The motion for the adoption of the foregoing resolution was duly seconded by
Councilmember Fournier and upon vote being taken thereon, the following voted in favor
thereof: Mayor Freske, Councilmembers Ackerman, Black, Fournier, Heidner and the
following voted against the same: none, whereupon said resolution was passed this 28th
day of August, 1995.
Nor . Freske, Mayor
ATTEST:
Elaine Beatty, Clerk/Zoning A6F