Laserfiche WebLink
<br /> <br />Request for Action <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Mayor and City Council 4.5 <br />Agenda Section Meeting Date Prepared by <br />Consent Agenda January 2, 2024 Tina Allard, City Clerk <br />Item Description Reviewed by <br />Resolution: Designate Official Depositories and Cal Portner, City Administrator <br />Delegate Authority for Electronic Funds Transfers <br />Reviewed by <br />Lori Stich, Finance Manager <br /> <br />Action Requested <br />Adopt, by motion, a resolution authorizing the city’s official depositories for 2024 and delegate authority for <br />electronic funds transfers. <br /> <br />Background/Discussion <br />The city code and state law require the city to annually designate official depositories for the deposit of funds and <br />delegate authority to make electronic funds transfers. <br /> <br />Financial Impact <br />N/A <br /> <br />Mission/Policy/Goal <br />Elk River Municipal Mission Components: Responsible for every dollar – good stewards <br /> <br />Attachments <br /> Resolution <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br /> <br />service, and community engagement that encourages and inspires prosperity. <br />Updated: January 2023 <br /> <br />