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HomeMy WebLinkAboutResolution 48-42 RESOLUT I0~ DES IG~A'£' I~G DEPOS ~f0RY ~ --~/~ To - Columbia Heights State Bank, Columbia Heights, .~innesota. This is to certify, that at a meeting of the City Council of the City of Columbia HeiSts, Anoka County, ~innesota, duly called and held on D~¢ember ~8.19..48 , the Following resolution was adopted: RESOLVED, That we hereby designate the Columbia Heights State Bank of Columbia Heights, Minnesota, as a depository for moneys of this City for a period of one year, beginning the _lstday of=Yanuary' _t94~, and the Treasurer of this City is hereby directed to deposit moneys of this city in said bank; and the said Columbia Heights State Bank of Columbia Heights is hereby authorized and directed to honor and pay any checks or orders, when signed by the Treasurer, for the withdrawal or trausfer of funds on deposit in said Bank in whatever form. BE IT FURTHER RESOLVED, That in case such deposits shall at any time exceed Five Thousand (~,000.00) Dollars, said depository shall immediately furnish bond or securities in lieu of bond according to law, and the First National Bank of Minneapolis, ~.~innesota, is hereby designated as a place for ~he safekeeping of all securities furnished in lieu of such bond. This is to further certify that ~RO.sella C,Johnson is the duly chosen and qualified Treasurer of the Above city. Secretary to the CoUncil Mayor Z, duly appointed City Clerk of the City of Columbia Heights, do hereby certify that the foregoing is a correct copy of a resolution passed as therein set forth. Offered by: v~,~ Roll Call: Ayes:~ ?~ays;