HRA RES 1984-04 - 00013927�
RESOLDTION N0, HRA A-1984
RESOLOTION DESIGNATING OFFICIAL DEPOSITORIES FOR THE
FRIDLEY HOOSING AND RSDEVSLOPFIEN'P ADTHORITY
IT IS HEREBY ftESOLVED that the Fridley State Bank is hereby designated as a
depository for the funds of this corporation.
IT IS FUASHER RESOLVED that checks, drafts or other withdrawal orders issued
against the funds of this corporation on deposit with said bank shall be
signed by two of the following:
Clerk-Treasurer
City Manager
Finance Offieer
and that said bank is hereby fully authorazed to pay and charge to the
aceount of this corporation any ehecks, drafts, or other withdrawal orders.
BE IT FURTHER RESOLVED that all transactions, if any relating to deposits,
withdrawals, re-discounts and borrowings by or on behalf of this corporation
with said bank prior to the adoption of this resolution be, and the same
hereby are, in all things ratifited, approved and confirmed.
� BE IT FURTHER RESOLVED that any bank or savings and loan may be used as
depositories for investments purposes so long as the investments comply with
authorized investments as set forth in Minnesota Statutes.
BE IT FURTHER RESOLVED that the signatures of two of the following named
City employees are required for withdrawal of HRA investment funds from
savings and loan associations:
Clerk-Treasurer
City Manager
Finance Officer
BE IT FURTHER RESOLVED that any brokerage firm may be used as a depository
for inaestment purposes so long as the investments comply with the
authorized investments as set forth in Minnesota Statutes.
PASSED AND ADOPTED SY THE HOUSING AND REDEVELOP T AUTHORITY OF THE CITY OF
FRIDLEY THIS �TFI DAY OF pIARCH� �ygq,
r
�/1 Cf CHAIRMAN
HDUSING AND REDEVELOPMENT AUTHORTTY
� ATTEST;
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Fr]EE2H�RFE DIRECTOR
3/0/24/28