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<br />. <br /> <br />RESOLUTION 90 - JL <br />RESOLUTION FOR 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 <br />that the following named banks are hereby designated as <br />the depositories for the funds of the City of Elk River, <br />Minnesota: <br /> <br /> 1. Bank of Elk River <br /> 2. First National Bank of Elk River <br /> 3. Security Federal Savings and Loan of Elk River <br /> 4. Marquette National Bank of Minneapolis <br /> 5. Merrill Lynch <br /> 6. Prudential Bache <br />. 7 . Shearson Lehman Hutton <br /> 8. Norwest Bank <br /> 9. Dain Bosworth <br /> 10. Paine Webber <br /> <br />BE IT FURTHER RESOLVED that the City Treasurer may <br />recommend that additional depositories be designated for <br />purposes of investing City funds. <br /> <br />Passed and adopted by the City Council of the City of Elk River <br />this 8th day of January, 1990. <br /> <br /> <br />~'> <br />~c <br />Z/;f( <br /> <br />James A. Tralle, Mayor <br /> <br />ATTEST: <br /> <br />. <br /> <br />7}~J! ~~ <br /> <br />Patrick D. Klaers, City Administrator <br />