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�i <br /> EOty lk Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 5.4 <br /> Agenda Section Meeting Date Prepared by <br /> Consent January 5, 2015 Tina Allard, City Clerk <br /> Item Description Reviewed by <br /> Resolution Designating Depositories for City Funds Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Adopt,by motion, a resolution authorizing the city's official depositories for 2015. <br /> Background/Discussion <br /> City code and state statute require the city to designate official depositories for the deposit of its funds. <br /> The attached resolution outlines the depositories to be used for these purposes. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> ■ Resolution <br /> P0WInII a <br /> Template Updated 4/14 [NATUREJ <br />