HRA RES 2000-01 - 00002013RESOLUTION NO. HRA 1-2000
A RESOLUTION DESIGNATING OFFICIAL DEPOSITORIES FOR THE HOUSING AND
REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY
I, Richard D. Pribyl, do hereby certify that I am Finance Director-Treasurer of the Housing and
Redevelopment Authority in and for the City of Fridley, a corporation organized under the laws of the
State of Minnesota. I further certify that at a meeting of said corporation duly and properly called and
held on the 3rd of February, 2000, the following resolution was passed, that a quorum was present at
said meeting and that said resolution is set forth in the minutes of the meeting and has not been
rescinded or modified.
IT IS HEREBY RESOLVED, that Norwest Banks is hereby designated as a depository for the funds
of this corporation.
IT IS FURTHER 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:
Richard D. Pribyl, Finance Director-Treasurer
Alan D. Folie, Assistant Finance Director
William W. Burns, Executive Director
And that said bank is hereby fully authorized to pay and charge to the account of this corporation any
checks, drafts, or other withdrawal orders.
BE IT FURTHER RESOLVED, that Norwest Banks as a designated depository of the corporation is
hereby requested, authorized, and directed to honor checks, drafts, or other orders for the payment of
money drawn in this corporation's name, including those drawn to the individual order of any person
or persons whose name or names appear thereon as signer or signers thereof, when bearing or
purporting to bear the facsimile signatures of two of the following:
Richard D. Pribyl, Finance Director-Treasurer
Alan D. Folie, Assistant Finance Director
William W. Burns, Executive Director
And Norwest Banks shall be entitled to honor and to charge this corporation for all such checks,
drafts, or other orders, regardless of by whom or by what means the facsimile signature or signatures
thereon may have been affixed thereto, if such facsimile signature or signatures resemble the facsimile
specimens duly certified to or filed with Norwest Banks by the City Clerk or other officer of his
corporation.
BE IT FURTHER RESOLVED, that any and all resolutions heretofore adopted by the Housing and
Redevelopment Authority of the corporation and certified to as governing the operation of this
corporation's account(s) with it, be and are hereby continued in full force and effect, except as the
same may be supplemented or modified by the foregoing part of this resolution.
HRA Resolution No. 1-2000
Page 2
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 ratified, approved, and confirmed.
BE IT FURTHER RESOLVED, that any bank or savings and loan may be used as depositories for
investment purposes as 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 City investment funds from savings and loan associations:
Richard D. Pribyl, Finance Director-Treasurer
Alan D. Folie, Assistant Finance Director
William W. Burns, Executive Director
BE IT FURTHER RESOLVED, that any brokerage firm may be used as a vendor for investment
purposes as long as the investments comply with the authorized investments as set forth in Minnesota
Statutes.
I further certify that the Council of this corporation has, and at the time of adoption of said resolution
had, full power and lawful authority to adopt the foregoing resolutions and to confer the powers
therein granted to the persons named who have full power and lawful authority to exercise the same.
PASSED AND ADOPTED BY THE FRIDLEY HOUSING AND REDEVELOPMENT
AUTHORITY 1N AND FOR THE CITY OF FRIDLEY, NIlNNESOTA, THIS 3� DAY OF
FEBRUARY, 2000.
LAWRENCE R. COMIV�RS, CHAIRPERSON
ATTEST:
WII,LIAM W. BURNS, EXECUTIVE DIRECTOR