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RESOLUTION 04- <br /> <br />A RESOLUTION OF THE CITY OF ELK RIVER <br /> <br />A RESOLUTION DESIGNATING DEPOSITORIES OF CITY FUNDS <br /> <br />BE IT RESOLVED, by the City Council of the City of Elk River that the following <br />named banks are hereby designated as the depositories for the funds of the City of Elk <br />River, Minnesota: <br /> <br />4. <br />5. <br />6. <br /> <br />First National Bank of Elk River <br />4M Fund <br />Wells Fargo <br />The Bank of Elk River <br />US Bank <br />Riverview Community Bank (in Otsego) <br /> <br />BE IT FURTHER RESOLVED that the city treasurer may recommend that <br />additional depositories be designated for purposes of investing city funds. <br /> <br />Passed and adopted by the City Council of the City of Elk River this 12th day of January, <br />2004. <br /> <br />ATTEST: <br /> <br />Stephanie A. Klinzing, Mayor <br /> <br />Joan Schmidt, City Clerk <br /> <br />S: \Council\Joan\depositories.doc <br /> <br /> <br />