HRA RES 1997-04 - 00001033HRA RESOLUTION NO. 4- 1997
RESOLUTION DESIGNATING A SECONDARY FRIDLEY
HOUSING & REDEVELOPMENT CHECKING ACCOUNT
I, Richard D. Pribyl, do hereby certify that I am Finance
Director/Treasurer of the Fridley Housing & Redevelopment Authority,
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 10tn day of April, 1997, 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has not been rescinded or modified.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 has been previously
designated as a depository for the funds of this corporation; and
IT IS FURTHER RESOLVED that checks, drafts, or other withdrawal
orders issued against the funds of a special account set up for this
corporation for the specific purpose to provide funds for the Housing
Loan Programs administered by the Center for Energy and the
Environment and shall be on deposit with said bank and shall be
signed by one of the following:
Sheldon Strom, Executive Director
Robert Henderson, Secretary/Treasurer
William W. Burns, Executive Director/City Manager
Richard D. Pribyl, Finance Director/Treasurer
Susan K. Lemieux, 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 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
on the account of this corporation, 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 signature of one of the following:
Sheldon Strom, Executive Director
Robert Henderson, Secretary/Treasurer
William W. Burns, Executive Director/City Manager
Richard D. Pribyl, Finance Director/Treasurer
Susan K. Lemieux, Assistant Finance Director
and Norwest Banks shall be entitled to honor and 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 this
corporation.
BE IT FURTHER RESOLVED that any and all resolutions heretofore
adopted by the Fridley Housing & Redevelopment Authority and
certified to as governing the operation of this corporation's
account(s) with it, be and are hereby continued in full force and
Page 2-- HRA Resolution No. 4- 1994
effect, except as the same may be supplemented or modified by the
foregoing part of this resolution.
BE IT FURTHER RESOLVED that all transactions, if any relating to
deposits, withdrawals, 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.
I further certify that the Fridley Housing & Redevelopment Authority
has, and at the time of adoption of said resolution had, full power
and lawful authority to adopt the foregoing resolution 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 HOUSING & REDEVELOPMENT AUTHORITY OF THE
CITY OF FRIDLEY THIS 10TH DAY OF APRIL, 1997.
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
WILLIAM W. BURNS - EXECUTIVE DIRECTOR