HRA RES 1990-02 - 00013839RE40LT]TION I�U. HItA 2- 1990
� RF80LUTIaTI I�SIGL��TING OFFIC7AL DEPC)SITORIF,S FC)R
� FrtmTFV iiOUSING ADID RIDEVEIOPMENP AVP�DRITY
IT IS i�REBY RESOLUID that the FYidley State Banlc is hereby designated as a
depository for the funds of this corporation.
IT IS FUR`Pl--IER RESOLUID that checks, drafts or other withdrawal o�lers issued
against the fiuxls of this corporation on deposit with said ]x�nk shall be signed
by two of the follaaing:
Richard D. Pribyl, Finanra DirectorlPreasurer
William W. Surns, City Manager
Julie M. Burt, Assistant Finance Director
and that said bank is hereby fully authorized to pay and chaxge to the account
of this corporation any checks, drafts, or other withdrawal oxdexs.
BE IT FURTt�,R RESOLUED that all tr�vsactions, if any, relating to deposits,
withdrawals, re-discounts and borraainys by or on bel�alf of this corporation with
said bank prior to the adoption of this resolution be, ancl the same hereby are,
in all things ratified, approved and confirnied.
BE IT FihtTHER R�SOLUID that any bank or savirxjs and loan may be used as
depositories for investrnent puiposes so long as the irroestrnents comply with
� authorized ir�vestrnents as set forth in Mir�nesota Statutes.
BE 1'P FUR'if'f�RR R�SOLUID that the signatures of two of the followincs n� City
employees are required for withdrawal of HRA uivestment funds from savings and
loan associations:
Richazd D. Pribyl, Finance Director�i'reasurex �J""._,�� r-.E �
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William W. Burns, City Manager �- "a�,�/ � L r;. �. 2�
Julie M. Burt, Assistant Fin��tnce Director ��
SE 1'P FiTRTf�R RFSOLUID that any bmkerage firm may be used as a depository for
investment purposes so long as the irivestments c�mply with the authorized
isroestrnents as set forth in Miru�esota Statutes.
PASSED AND ADOPPED BY 7I-IE HOUSING AND REDEVELOPMENP AUZY-IORITY OF THE CITY OF
FRIDLEY 'I3iIS 8TH DAY OF FE�2UARY, 1990. �i��`�
LAWRINCE R. �hII�Ef�'S, Q-IAIRI�IIIN
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