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City of <br /> <br />E <br /> <br />River <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />MEMORANDUM <br /> <br />Mayor & City Council <br /> <br />Sandra Peine, City Clerk <br /> <br />January 8, 2001 <br /> <br />Official Depositories <br /> <br />Item # 4.4 <br /> <br />Minnesota Statute #118 requires that each city designate an official <br />depository or depositories for the deposit of its funds. The attached resolution <br />outlines the depositories to be used for that purpose. <br /> <br />Action Requested <br /> <br />Adoption of the attached resolution authorizing the city's official depositories <br />for 2001. <br /> <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone (763) 441-7420 · Fax (763) 441-7425 <br /> <br /> <br />