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<br /> <br />City of Elk River Item Number <br />REQUEST FOR COUNCIL ACTION 5.2. <br />Agenda Section I Meeting Date Prepared by <br />COllsent January. 2, 2007 Tina ~\llard, City Clerk <br />Item Description Reviewed by <br />Resolution Designatlllg Depositories of Citv Funds <br /> <br />Introduction <br />State Statute alld Ell( Ri\Ter Code requires tllat eacll city designate an official depository or depositories <br />for tlle deposit of its nlllds. TIle attacIled resolution outlllles tIle depositories to be used for tllat pUlpose. <br /> <br />Discussion <br />NOlle <br /> <br />Financial Impact <br />N /-1\ <br /> <br />Attachments <br />· Resolution Desigrlating Depositories of City FUllds <br /> <br />Action Requested <br /> <br />It is requested tllat tile COl111Cil adopt tlle attached resolutioll autllorizing tlle city's official depositories <br />for 2007. <br /> <br />Council Action <br /> <br />I\Iotion by <br /> <br />Second by <br /> <br />\lote <br /> <br />Follow Up <br /> <br />T: \TIN A \Annual17irst0.1eeting \Depositories.doc <br />