HomeMy WebLinkAboutResolution 50-83RESOLUTION
Passed this
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~yes;
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THE CITY COUNCIL OF THE CITY OF COLUMBIA HEIGHTS HEREBY RESOLVES: That the
Fidelity State Bank be designated as a
depository for monies of this City for a period of ,, ,on,e year, beginning the
1st day of January , 1911, and the Treasurer of this City is
hereby directed to deposit monies of this City in said bank; and the said
Fidelity State Bank is hereby authorized and directed to honor
and pay any checks or orders, Waen signed by the City Treasurer, for the
¥ithdrawal or transfer of funds on deposit in said Bank in whatever form.
BE IT FURTHER RESOLVED, That in case such deposits shall at any time exceed
Ten Thousand ($10,000.00) Dollars, said depository shall imme~diately furnish
bond or securities in lieu of bond according to !aY4 and the
Federal Reserve Bank of $~pls. is hereby designated as a place for the
safekeeping of all securities furnished in lieu of such bond.
26th day of December ,, 1910.
Yencho
Spe kulant
All
Secretary to the Council
Nayor