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River <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />MEMORANDUM <br /> <br />Mayor and City Council <br /> <br />Sandra Peine, City Clerk <br /> <br />January 13, 2003 <br /> <br />Official Depositories <br /> <br />**Item 4.4.** <br /> <br />Minnesota Statute requires that each city designate an official depository or depositories for <br />the deposit of its funds. The attached resolution oudines the depositories to be used for that <br />purpose. <br /> <br />ACTION REQUESTED <br /> <br />Adoption of the attached resolution authorizing the city's official depositories for 2003. <br /> <br />S / Coundl/ Sandoy/ depositomr <br /> <br /> <br />