HRA RES 1993-02 - 00013892RESOLi7TI@I NJ. HRA 2- 1993
' RESOLUTION DESIC�t+IIiTING OFFICIAL DEPDSITQ�.S F10R
'!'FIE FRIDLFSY ii0U3ING 7�DID REDE'VEIAPb�lr AiPI'��RI'I'%
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IT IS HEREBY RFSOLUED that the Fridley State Bank is hereby designated as a
depository for the funds of this corporation.
IT IS FUF�Ii�RR R�SOLUID that checks, drafts or other withdrnwal orclexs issued
against the funds of this corporation on deposit with said bank shall he signed
by two of the following:
Richal�3 D. Ptlbyl� Finazlce DirectoY�Pre3��re�"
William W. Burns, FScecutive Director/City Manager
Haa�d D. Koolick, Assistant Finance Director
and that said bank is hereUy fully authorized to pay and chair�e to the account
of this corporation any checks, dxafts, or other withdrawal orclers.
BE IT FUR'PHER R�SOLUED that all transactions, if any, relatiny to deposits,
withdrawals, re-discounts and borrowirxJs by or on behalf of this corporation with
said bank prior to the adoption of this reso2ution be, and the same hereby are,
in all things ratified, approved and con£inned.
SE IT FURTf�RR RESOLUED that any bank or savings and loan may be used as
depositories for investrnent purposes so long as the urvestments c�nply with
authorized investments as set forth in Minnesota Statutes.
SE IT FU1�Ii�R F2ESOLUED that the signatures of two of the follaaing named City
employees are required fvr withdrawal of HRA irroestment,.�nds fromRSavinys and
loan associations: / / / )
Richlzrl D. Pribyl, Finance DirectorlPreasurer
William W. Burns, Executive Director/City Mgr
Haaatcl D. Koolick, Assistant Finance Director ��G�{'' �� ��-C�e�---
BE TT F[TI7PI-IER RESOLUED that any brokerage firm may be used as a depository for
investrnc�nt puYposes so long as the investrnents comply with the authorized
irivestments as set forth in Minnesota Statutes.
PASSED AND ADOPPED BY Tf� HOUSING AND RIDEVEIAPMIIQP AUTHORITY OF T[I-IE CITY OF
FRIDI�Y THIS 20'PH LY�Y OF MAY 1993.
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WILJ�AM W. HCTRNS
F.7�CUTIVE DIRECPOR