3.6 HRSR 02-06-2012ITEM #3.6.
MEMORANDUM
TO: Housing Redevelopment Authority
FROM: Annie Deckert, Director of Economic Development
DATE: February 6, 2012
SUBJECT: Designation of Official Depositories
In the past the HRA has designated depositories similar to those designated by the City
Council. Fox 2012, the HRA is asked to designate the following banks and institutions as
depositories for its funds:
• First National Bank of Elk River
• 4M Fund
• Wells Fargo Bank
• The Bank of Elk River
• USBank
• TCF Bank
Staff recommends the HRA designate the above-referenced banks and institutions as official
depositories for the HRA for 2012.
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A