RES 1978-02 - 00006847RESOLUTION NO. 2 -1978
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 9th day of January, 1978; 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not been rescinded or modified.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 deposi-
tory 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 de-
posits, withdrawals, rediscounts and borrowings by or in behalf of this cor-
poration 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, and
BE IT FURTHER RESOLVED, That any brokerage firm may be used as a depository I
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 excercise the same.
PASSE AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 9TH DAY OF
JANIJAh , 1978.
ATTEST:
CITY CLERK - MARVIN C. UNSELL
6 ' t:
MAYOR - WILLIAM J. NEE