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04-001 RESRESOLUTION 04-01 A RESOLUTION OF THE CITY OF ELK RIVER A RESOLUTION DESIGNATING DEPOSITORIES OF CITY FUNDS BE IT RESOLVED, by the City Council of the City of Elk River that the following named banks are hereby designated as the depositories for the funds of the City of Elk River, Minnesota: 2. 3. 4. 5. 6. First National Bank of Elk River 4M Fund Wells Fargo The Bank of Elk River US Bank Riverview Community Bank (in Otsego) BE IT FURTHER RESOLVED that the city treasurer may recommend that additional depositories be designated for purposes of investing city funds. Passed and adopted by the City Council of the City of Elk River this 12th day of January, 2004. Stephanie A. Klinzing, Mayor ATTEST: S:~Resolutions~2004 Resolutions~Approved~04 01.doc S:~Resolutions~2004 Resolutions~Approved~04 01.doc