RES 1972-02 - 00008279z
RESOLUTION NO. 2 - 1972
A RESOLUTION DESIGNATING AUTHORIZED SIGNATURES FOR THE CITY OF FRIDLEY
BANK DEPOSIT
'
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, and that the following is a true, complete and correct copy of
resolutions adopted at a meeting of the Council of said Corporation duly
and properly called and held on the 10.th day of Jaxa, ,
1972; that a quorum was present at said meeting; that said resoluti ons 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set forth in the minutes of said meeting and have not been rescinded or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
Gerald R. Davis, 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 this resolution shall continue in force until
express written notice of its rescission or modification has been furnished
to and received by said Bank.
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 the First National Bank of Minneapolis,
the First National Bank of St. Paul and the Marquette National Bank are
hereby designated 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 fore going 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
LOTH DAY OF JANUARY , 1972
ATTES
C117 CLERK - 9ARVIN C. BRUUNM1