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HomeMy WebLinkAboutEDA RES 2002-17COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY EDA RESOLUTION 2002-17 RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY (EDA) DESIGNATING OFFICIAL DEPOSITORY AND SIGNATORIES FOR THE BUSINESS REVOLVING LOAN FUND DISBURSEMENTS. NOW, THEREFORE BE IT RESOLVED BY THE COLUMBIA HEIGHTS EDA FOR THE CITY OF COLUMBIA HEIGHTS, MINNESOTA: That the following is hereby adopted by the Columbia Heights Economic Development Authority. IT IS HEREBY RESOLVED, that U.S. Bank is hereby designated as depository of the Business Revolving Loan Fund (BRLF) for the City of Columbia Heights Economic Development Authority. IT IS FURTHER RESOLVED, that checks, drafts, or other withdrawal orders issued against the funds of this corporation on deposit with said bank shall be signed by the following: EDA President Executive Director Finance Director The Executive Director is hereby instructed to transmit a copy of this resolution to the City Manager and Finance Director of the City of Columbia Heights, Minnesota. APPROVED THIS MOTION BY: SECONDED BY: ROLL CALL: AYES: / ~ DAY OF .~0//~o~-, 2002. NAYS: Robert W. Ruettimann, dent Attest by: Walter R. Fehst, Executive Director H:\Resolutions2002\2OO2-17 US Bank