91-001 RES
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RESOLUTION 91 - ~
RESOLUTION FOR 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:
1. Bank of Elk River
2. First National Bank of Elk River/Bankers Systems
Investment Centers
3. Security Financial of Elk River
4. Marquette National Bank of Minneapolis
5. Merrill Lynch
6. Prudential Bache
7. Shears on Lehman Hutton
8. Norwest Bank
9. Dain Bosworth
10. Paine Webber
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 7th day of January, 1991.
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-James A. Tralle, Mayor
ATTEST:
Sandra A.