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~ity of <br /> <br />River <br /> <br />MEMORANDUM <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />Mayor & City Council <br /> <br />Sandra Thackeray, City Clerk <br /> <br />January 6, 1997 <br /> <br />Official Depositories <br /> <br />Minnesota Statute 118 requires that each city designate an official depository <br />or depositories for the deposit of its funds. The attached resolution outlines <br />the depositories to be used for that purpose. The depositories remain the <br />same as in past years. <br /> <br />Action Requested <br /> <br />Council motion to adopt the attached resolution authorizing the city's official <br />depositories for 1997. <br /> <br />\\elkriver\sysXshrdocXcouncil\deposit.doc <br /> <br />13065 Orono Parkway ° P.O. Box 490 ° Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 <br /> <br /> <br />