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RES 1977-01 - 00007044I RESOLUTION NO. 1 -1977 i A RESOLUTION DESIGNATING AUTHORIZED SIGNATURES FOR THE CITY OF FRIDLEY AND OFFICIAL DEPOSITORIES I, Marvin C. Brunsell, do hereby certify that I am Clerk- Treasurer of the City of Fridley, a corporation organized under the laws of the State of Minnesota, at a meeting of the Council of said corporation duly and properly called and held on the 3rd day of January, 1977; that a quorum was present at said meeting; that said resolutions are set forth in the minutes of said meeting and have not been rescinded or modified. RESOLVED, That the Fridley State Bank is hereby designated as a depository for the funds of this corporation. RESOLVED FURTHER, That checks, drafts or other withdrawal orders issued against the funds of this corporation on deposit with said Bank may be signed by any two of the following: Marvin C. Brunsell, Clerk- Treasurer Nasim M. Qureshi, City Manager and said Bank is hereby fully authorized to pay and charge to the account of this corporation any checks, drafts or other withdrawal orders. RESOLVED FURTHER, That all transactions, if any, in respect to any deposits, withdrawals, rediscounts and borrowings by or in 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. 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 CITY COUNCIL OF THE CITY OF FRIDLEY THIS 3RD DAY OF JANUARY, 1977. MAYOR - WILLIAM J. NEE ATTEST: _X4 Ali , CITY CLERK - MARVIN C. BRUNSELL I.