HomeMy WebLinkAboutResolution 53-02 SSOLUTZO
THE CITY COUNCIL OF THE CITY OF COLUMBIA HEIGHTS HEREBY ~ESOLVES that the
Columbia Heights State Bank be hereby designated as a depository
for moneys of the City of Columbia NeiEh%s for a period of one year beEinning the
let day of January, 1953, and the T~'easurer of this City is hereby directed to
deposit moneys of this City in said banks and the Columbia Heights State Bank
is hereby authorized and directed to honor and PaV any checks or orders~ when
signed by the City Treasurer, for the withdrawal or transfer of funds on deposit
in said Bank in whatever form.
BE IT FURT[[ER RESOLVED~ That in case such deposits shall at any time ex-
ceed Ten Thousand ($10~O00.00) Dollars, said depository shall immediately furnish
bond or securities in lieu of bond according to law~ ,nd the First National
Bank of Minneapolis is hereby designated as a place for the safe-keeping of
all securities furnished in lieu of such bond.
Passed this_13th~day of January, 1953.
Offered by:_.. Deeb.~e
Seconded by~ Spekulant
Roll Call:
Ayes ~ All
Nays ~_ ,