4.6 HRSR 02-06-2017
Request for Action
To
Housing and Redevelopment Authority
Item Number
4.6
Agenda Section
Consent Agenda
Meeting Date
February 6, 2017
Prepared by
Amanda Othoudt, EDD
Item Description
Designation of Official Depositories
Reviewed by
Cal Portner, City Administrator
Reviewed by
Action Requested
Designate, by motion, the below-referenced banks and institutions as official depositories for the HRA
for 2017.
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
2017, the following are proposed:
First National Bank of Elk River
4M Fund
Wells Fargo
The Bank of Elk River
US Bank
UBS Financial Services
Financial Impact
N/A
Attachments
N/A