87-023 RES
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RESOLUTION 87- 23
RESOLUTION DESIGNATING FINANCIAL INSTITUTIONS
TO BE USED FOR INVESTMENT OF IDLE CITY FUND S
BE
IT RESOLVED by
named Financial
the investment
Minnesota:
the City Council, City of Elk River, that the following
Institutions are hereby designated as depositories for
of the idle funds of the City of Elk River,
1. Juran and Moody
2. Dain Bosworth Incorporated
BE IT FURTHER RESOLVED that the City Treasurer may recommend that additional
institutions be designated for purposes of investing City Funds'.
Passed and adopted by the City of Elk River Coun~il this 4th day of May, 1987.
/"1 -D rl A1
GJ.:b-1h C.. /<:.,J-u~ J
Estelle E. Gunkel, Mayor
ATTEST:
~~e~~or