HomeMy WebLinkAboutResolution 57-117RESOLUTION
THE CITY COUNCIL OF THE CITY OF COLUmbIA }LEIGHTS HE}~EBY RESOLVES that the
Col. Heights State Bank
...... ~be hereby designated as a depository for moneys
of the City of Columbia Heighbs for a period of one year beginning ~he 1st day of
January, 1958, and the Treasurer of this City is hereby directed to deposit moneys
of this City in said bank and the Col. Heights State Bank is hereby
authorized and directed to honor and pay any checks or or. tiers, when signed by the
City Treasurer, for the withdrawal or transfer of funds on deposit in said Bank
in whatever for~.
BE IT FURTHER PhESOLVED, That in case such deI~sits shall at any time exceed
Ten Thousand ($10:000.00) Dollars, said depository shall immediately furnish bond
or securities in lieu of bond according to law, and the Marquette National
..... Bank is hereby desig~ated as a place for thc safe-keeping of
all securities furnished in lieu of such bond.
Passed this 23rd d~.y of Dece.~ber, 1957.
Offered by: Chies
Seconded by:~ ~I'~ing .......
Roll Call:
Ayes :._ _ ~l!
Nays:
Secretary to the Council