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REQUEST FOR ACTION <br />ver <br />To Item Number <br />Ci Council 4,3, <br />Agenda Section Meeting Date Prepared by <br />Consent anua 5, 2009 Tina Allard, Ci Clerk <br />Item Description Reviewed by <br />Resolution Designating Depositories of City Funds Lori ohnson, Ci Administrator <br /> Reviewed by <br />Action Requested <br />Council adoption of attached resolution authorizing the city's official depositories for 2009. <br />Background/Discussion <br />State Statute and Elk River Code requires that each city designate an official depository or depositories <br />for the deposit of funds. The attached resolution outlines the depositories to be used for that purpose. <br />Financial Impact <br />N/A <br />Attachments <br />^ Resolution designating depositories of city funds <br />Action Motion by Second by Vote <br />Follow Up <br />S:\Administration\Council RCA\Annual First Meeting\2009\Depositories.doc <br />