HRA RES 1988-04 - 00013829•.• •i • r .
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IT IS IIERREBY RESOLUED that the Fridley State Bank is hereby designated as a
depository for the funds of this corporation.
IT IS FVHI'IIII2 RESOLUID that checks, drafts or other withdrawal oxders issued
against the funds of this corporation on deposit with said ]�ank shall be signed
Y�y two of the follaaing:
Richald D. PY'ibyl, FinanCe D1YeCtor-'IY'ea��rar
William W. Burns, Actirig City Manager
Julie M. Burt, Assistant Finance Director
and that said bank is hereby fully authorized to pay and charrje to the account
of this wrporation ariy checks, drafts, or other withdrawal onlers.
BE TT FU17I�R RESOLUED that all transactions, if any, relating to deposits,
withdxawals, re�3iscounts and borraaings 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 thittgs ratified, approved arci confinned.
BE IT FSk27'f�R RESOLUED that any bank or savings and loan may be u.sed as
depositories for i_nveshnPnt purmcP� so long as the irn�estrnents crn�ly with
� authorized iurvest�nents as set forth in Minnesota Statutes.
BE IT FUR7'HER RESOLUED that the signatures of two of the following named City
employees are required for withdrawal of HRA investment funds from savinys and
loan associates: � ///���
Richa�l D. Pribyl, Finance Director�'reasurer }�-Q �
William W. Burns Act' �
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, irxl CitY Mana4ex' ?%,LG,.,�� �xJz�.z.Ui
/ � �Julie M. Buxt, Assistant Finance Director � � ��
BE IT FII1�7'tIER RFSOLUED t1�at any bmkerage fixm may be used as a depository for
invastment purposes so long as the investments coi�ly with the authorized
invashnents as set foxth in Minnesota Statutes.
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PASSED AND ADOFPED BY THE HOUSING AND REDEVELOPMMELVV'T AUTHORPPY OF THE CITY OF
FRIDLEY THIS lOTH DAY OF NOVENIBER, 1988 1 ��
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IAWRINCE R.
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