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RESOLUTION 99-1 <br /> <br /> A 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 that the <br />following named banks are hereby designated as the depositories for the <br />funds of the City of Elk River, Minnesota: <br /> <br /> 1. The Bank of Elk River <br /> 2. First National Bank of Elk River <br /> 3. 4 M Fund <br /> 4. Norwest Bank <br /> 5. USbank <br /> <br />BE IT FURTHER RESOLVED that the City Treasurer may recommend <br />that additional depositories be designated for purposes of investing City <br />funds. <br /> <br />Passed and adopted by the City Council of the City of Elk River this 11th day <br />of January, 1999. <br /> <br />' Stel~hanie A. Klinzing~ayor <br /> <br />ATTEST: <br /> <br />Sandra Peine, City Clerk <br /> <br />s:document\resoluti\99- ldeps.doc <br /> <br /> <br />