HomeMy WebLinkAboutResolution 52-03o; u T"r o I-2- s
TNt CITY COUNCIL OF ~9~E CI'UY OF COLU~iBIA ~.~!GHTS HEREBY }~ESOL?~S that
the i"irst ?Iational l!ank of F. inneapolis be hereby designated as a
deposi.tory for moneys of the City of Columbia Heif{hts for a period of one year
beginning the 1st day of __January. , t952, and 'the Treasurer of
this .City is hereby directed to deposit moneys of this City in said bank~ and
the First National Ballk of }Jpls. is hereby author~ zed and directed to
honor and pay a~y checks or ormers, ~hen signed by the City Treasurer~ for 'the
withdrawal or transrer of £~mds on deposit in said Sank Jm ~vhatever form°
BE IT 1.'ORTNER 1SSOL'~gD~ That in case such deposits shall at any time
exceed 'Pen Thousand (-$10~O00.00) Dollars, said depository shall L~umediately
furnish bond or securities in lieu of bond according 'to ta~% and the
Federal Reserve Bank is hereby designated as a place for the safe-
keeping or all securities furnished in lieu or such bond.
Passed this
Offered by:
Seconded by
l!oll Call,:
Aye
8th day of January, t9~2.
La~Fre
Deeble
All
None
Secretary Bo the 'Council