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4.6 HRSR 02-02-2015 Request for Action To Item Number Housing and Redevelopment Authority 4.6 Agenda Section Meeting Date Prepared by Consent AgendaFebruary 2, 2015Jeremy Barnhart, Deputy Director, CODD Item Description Reviewed by Designation of Official Depositories Reviewed by Action Requested Designate, by motion, the below-referenced banks and institutions as official depositories for the HRA for 2015. Background/Discussion The HRA Bylaws require the designation of official depositories at the Annual Meeting of the HRA. Historically, the HRA has designated depositories similar to those designated by the City Council. For 2015, the following are proposed:  First National Bank of Elk River  4M Fund  Wells Fargo Bank  The Bank of Elk River  US Bank  TCF Bank These reflect no change from 2014. Financial Impact N/A Attachments  N/A