Laserfiche WebLink
pif .' Request for Action <br /> River <br /> To Item Number <br /> Economic Development Authority 3.6 <br /> Agenda Section Meeting Date Prepared by <br /> Consent Agenda January 21,2014 Brian Beeman, Director of Economic <br /> Development <br /> Item Description Reviewed by <br /> Designation of Official Depositories Jeremy Barnhart,Deputy Director, CODD <br /> Reviewed by <br /> Action Requested <br /> Designate the below-referenced banks and institutions as official depositories for the EDA for 2014. <br /> Background/Discussion <br /> As per EDA Bylaws,the designation of official depositories is suggested at the Annual Meeting of the <br /> EDA. Historically,the EDA has designated depositories similar to those designated by the City Council. <br /> For 2014, the EDA is asked to designate the following banks and institutions as depositories for its funds: <br /> • First National Bank of Elk River <br /> • 4M Fund <br /> • Wells Fargo Bank <br /> • The Bank of Elk River <br /> • US Bank <br /> • TCF Bank <br /> Financial Impact <br /> N/A <br /> Attachments <br /> • N/A <br /> INATLH?E I T <br />