HRA RES 1991-02 - 00013849RESOL[TFION N0. HRA 2- 1991
' RESOIATION DESIQ�,TING OFFICIAL DEYOSI'D0RIE3 FOR
THE FRIDLEY i�DUSING AHI1 RIDEVELOH�fir AUTfIDRITY
TT IS E�REBY RFSOLUED tl�at the Fridley State B�1k is hereby designated as a
depository for the funds of this corporation.
IT IS FS7R'i'FIIIt RESbLUED that checks, drafts or other withdrawal oxclers issued
against the funds of this corporation on deposit with said bank shall be signed
by two of the following:
RichaYd D. Pribyl, Fit��ce Director�'reasure.r
William W. Burns, Executive Director/City Manager
David J. DuBoxtl, Assistant Finance 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 orclers.
BE IT FURPf�R RESOLUED tl�at all transactions, if any, relating to deposits,
withdrawals, re-discounts arn3 boi-rowings by or on bP1�lf of this corporation with
said b�ik prior to the adoption of this resolution be, and the s�-ime hereby are,
itt all things ratified, approved and confirmecl.
EE IT FUKi�2 R�SOLUID that any bank or savu�gs and loan may be usecl as
depositories for investrnent purposes so long as the ir�vestments co�ly with
' authorized investments as set foxth in Minnesota Statutes.
SE IT FiIR'PHE[t RESOLUED that the signatures of two of the following namecl City
employees are required for witiidrawal of HRA uivestment funds from savinqs and
loan associations: ��
� � �
Richa�l D. Pribyl, Finance Director-Treasurer -��� O�^�,�
William W. Burns, F�[ecutive Director/City NkJr.
David J. DuBortl, Assistant Fii�vlce Director "'D� Q,�µ�]
BE IT FURTfIER RE.SOLUED that any brokerage firm may be used as a depository for
irivestr�ient purposes so long as the investments comply with the authorized
invest�nents as set forth in Mix�nesota Statutes.
PASSED AND ADOPPED BY T[-IE HOi75ING AND REDEVEL(�AKQ�T AUTHORITY OF THE CITY OF
FRZDLEY TfIIS 1DTH IIAY OF JANUAI2Y, 1991.
(�i�� ��-�
LAWRENCE R. CONN�IERS, CHAIRNII�N
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