HomeMy WebLinkAboutCity Council Resolution 1975-161W W
CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a reaular meeting of the City
Council of the City of Plymouth, Minnesota, was held on the 7th day
of April , lg 75 The following members were present: Mayor Hi1de,
Councilmen Hunt, Neils. Seed and Spaeth
The following members were absent: none
f�
� n S introduced the following Resolution and
Movetl its ad p on:
RESOLUTION NO. 75-161
DESIGNATING OFFICIAL DEPOSITORIES FOR CITY FUNDS
WHEREAS, it is necessary for the Plymouth City Coucil to designate one or more
official depositories for City Funds, and
WHEREAS, it is necessary to broaden the temporary investment program of the City,
now
THEREFORE BE IT RESOLVED that the Marquette National Bank of Minneapolis, the New
Nope State Bank of New Hope, the First National Bank of St. Paul, the First Federal
Savings A Loan of Wayzata, the Twin City Federal Savings 6 Loan of Ridgedale. the
Northwestern National Bank of Minneapolis, the Nurtia-Iestern National Bank of St.
Paul, and the American National Bank of St. Paul be designated as additional official
depositories for 1975 for investment purposes only.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilman Neils , and upon vote being taken thereon, the
onig vote n favor t ereo : _aynr H11de, „ n jn Hunt_ geit�_
papth
The foT olwing v against ains t or abstained:
Whereupon the Resolution was declared duly passe an —adopted.