EDA RES 2025-02 Designating DepositoriesOTSEGO ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2025-02
DESIGNATING DEPOSITORIES
WHEREAS, the Board of Commissioners, in accordance with its Governing Resolution and Minnesota Statute §118A.021
Subdivision 1 designate one or more financial institutions as a depository of Economic Development Authority (the EDA) funds.
NOW, THEREFORE, BE IT RESOLVED BY THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF OTSEGO, MINNESOTA:
1. That the following financial institutions are designated as depositories of EDA funds:
a. US Bank
ADOPTED by the Board of Commissioners this 10th day of February, 2025.
MOTION BY:
SECONDED BY.
IN FAVOR:
OPPOSED:
Dunlap
Tanner
Stockamp,
one
Dunlap, Goede, Lund,
and Tanner
OTSEGO ECONOMIC DEVELOPMENT AUTHORITY
Jessica L. Stockamp, Presiden
ATTEST:
Audra Ethel, Secretary