3.6 EDSR 01-14-2013 ht i REQUEST FOR ACTION
River
TO ITEM NUMBER
Economic Development Authority 3.6
AGENDA SECTION MEETING DATE PREPARED BY
Consent January 14, 2013 Annie Deckert, Director of Economic
Development
ITEM DESCRIPTION REVIEWED By
Designation of Official Depositories Cal Portner, City Administrator
REVIEWED BY
ACTION REQUESTED
Designate the below-referenced banks and institutions as official depositories for the EDA for 2013.
BACKGROUND/DISCUSSION
In the past, the EDA has designated depositories similar to those designated by the City Council. For
2013, the EDA 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
• US Bank
• TCF Bank
FINANCIAL IMPACT
None.
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