HomeMy WebLinkAboutResolution 47-45To - First >~ational Bank of '~'
~.mnneapolis
Minneapolis, Lznnesota
This is to certify, that at a meeting of the City Council of the City
of Columbia llei~ts, Anokg County, I.Zinnesota, duly called and held on
December g0,!gBYthe following resolution was adopoed:
RESOLVED, That we hereby designate the ?irst l{ationa! Bank of ~ginne-
apo!is, Minneapolis, llinnesota, as a depos~itory for moneys of ~his ~ for
a period of one year, begin~ing the Ist day of January , 1948, and
the Treasurer of this City is hereby directed to deposit moneys of this
City in said bank; and the said First National Bank of l~inneapoiis is here-
by authorized and directed to honor and pay any checks or orders, when
signed by the Treasurer, for the withdrawal or transfer of funds on deposit
in said Bank in whatever form.
BE IT FURTh~ER PGES01VED, That in case such deposits shall at any time
exceed Five Thousand (~
.wg, O00.00)Dol!ars, said depository shall immediately
furnish bond o~ securities in lieu of bond according to !aw, and the
Federal Reserve Bank of l~2inneapolis, "' ~
~mn~esota, is hereby designated as
a place for the safe-keeping of all securities furnished in lieu of such
bond.
Passed this
Offered by:
Seconded by:
Roll Call:
Aye s:
Nays:
30 day of
Y encho
December , 1947.
V~Eldon
All
Secr~etary ~o the Council '
].~a ye r