99-001 RES RESOLUTION 99-1
A 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. The Bank of Elk River
2. First National Bank of Elk River
3. 4 M Fund
4. Norwest Bank
5. USbank
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 11th day
of January, 1999.
' Stel~hanie A. Klinzing~ayor
ATTEST:
Sandra Peine, City Clerk
s:document\resoluti\99- ldeps.doc