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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION 87- 1 <br /> <br />RESOLUTION DESIGNATING DEPOSITORIES OF CITY FUNDS <br /> <br />BE IT RESOLVED by the City Council of the City of Elk River that <br />following named banks are hereby designated as the <br />depositories for the funds of the City of Elk River, <br />Minnesota: <br /> <br />1. Bank of Elk River <br /> <br />2. First National Bank of Elk River <br /> <br />3. Security Federal Savings and Loan of Elk River <br /> <br />4. F & M Marquette National Bank of Minneapolis <br /> <br />5. Twin City Federal Savings and Loan <br />6. First National Bank of St. Paul <br /> <br />7. First National Bank of Minneapolis <br /> <br />8. Norwest Bank <br /> <br />BE IT FURTHER RESOLVED that the City Treasurer may recommend that <br />additional depositories be designated for purposes of <br />investing City funds. <br /> <br />Passed and adopted by the Elk River City Council this 5th day of <br />January, 1987. <br /> <br />Cddh ~ <br />Estelle Gun el, Mayor <br /> <br />ATTEST: <br /> <br />"':"""""~ '&'" <br />'''''~I!''''"':'''' r," <br />At:ci::.c>( Mcu//t.~. <br />Patrick Klaers, City Administrator <br />