RES 1982-02 - 00005908' is •. 1 •. Li. ! ' 1 two ' • M Clfflf s16 Y C1 U. `C"&*:
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I. Sidney C. Inman, do hereby cerify that I am Clerk - Treasurer of 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 4th day of January 1982, the following
resolutions were passed; that a quorum was present at said meeting; and
that said resolutions are set forth in the minutes of meeting and have not
been rescinded or modified.
IT IS HEREBY RESOLVED that the Fridley State Bank is hereby designated as
a depository for the funds of this corporation.
IT IS FURTHER RE90LVED 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:
Sidney C. Inman, Clerk - Treasurer
Nasim M. Qureshi, City Manager
Richard D. Pribyl, Finance Officer
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 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 investments purposes so 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 anployees are required for withdrawal of City investment funds from
savings and loan associations, and for access to the safety deposit box:
Sidney C. Inman, Clerk- Treasurer
Nasim M. Qureshi, City Manager
Richard D. Pribyl, Finance Officer
BE IS FURTHER RE90LVED that any brokerage firm may be used as a depository
for investment purposes so 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 CITY 00UNCIL OF THE CITY OF FRIDLEY THIS 4TH DAY
OF JAITUARY, 1982
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