HRA RES 1989-01 - 00013830RFSOLiT�ION N0. HRA 1- 1989
1 RESOLIIFION DESIQ�7.'ING OFFICIAL DEP�SI'PORIES FDR Ti�
FRIDLEY HDUSING AZID REGEVELOPME�iP AiTPHORi'i'Y
�
,
IT IS �F�' RESCILUF� that the FYidl ey State Sanlc is hereby designated as a
depository for the funds of this corporation.
IT IS FU1zITiII2 RFS�LUED tl�at ahecks, drafts or other withdrawal onlers issued
against the funds of this corporation on deposit with said bank shall be signed
by two of the follaaing:
Richard D. Pribyl, Finance Director1Preasurer
William W. Burns, City Manager
Julie M. Burt, Assistant Finance Director
and that said bank is hereby fi.il.ly authorized to pay and charge to the aacount
of this corporation any checks, drafts, or other withdrawal orclers.
BE IT FUR`Pf�RR RESOLUED tl�at all trailsactions, if any, relatitx� to deposits,
withdrawals, re-discounts and borrowir�gs by or on behalf of this corporation
with said bank prior to the adoption of this resolution be, and the same herehy �
are, in all thirigs ratified, appmved and confirmed.
BE IT FLTRPIIII2 R�SOLUID that any bank or savuigs and loan may be used as
deposltories for investrnent putposes so long as tke investments cotcq�ly with
authorized investrnents as set forth in Minnesota Statutes.
BE IT PUfCPHIIt RESOLUED that the signatures of two of the followirxS named City
employees are required for withdxawal of HRA investment funds f vings and
loan associates: � �„
Richarrl D. Pribyl, F»� Director�Preasurex
William W. Biuns, City Manager
Julie M. Burt, Assistant Finanoe Direc.-tor
BE IT FU1zPfiEE2 R�SOLUED that any brokerage firm may be used as a depository for
irroestment pw.-poses so long as the irrvesi�nts co�ly with the authorized
ittvestments as set forth in Minnesota Statutes.
PASSID AND ADOFPED BY TIIE HOiJSING AND RIDEVEID AUTHORITY OF TI-IE CITY OF
FRIDLEY 7YiIS 12TH LY�Y OF JANUARY, 1989 PM��� -���
�
�U-t."-^C,P v��-L�2-/
LAWRINCE R. �'1ERS
Q1�1g2MAN