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HomeMy WebLinkAboutCity Council Resolution 2022-008CITY OF PLYMOUTH RESOLUTION NO. 2022-008 RESOLUTION APPOINTING OFFICIAL DEPOSITORY FOR CITY FUNDS FOR 2022 WHEREAS, State Statutes require the City to designate depositories for City funds; and WHEREAS, the City of Plymouth periodically solicits proposals from service providers to seek the most qualified provider at a responsible cost; and WHEREAS, US BANK was named as the official depository for all banking services effective July 1, 2015. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that US BANK is designated as the official depository for 2022. BE IT FURTHER RESOLVED that the Mayor, City Manager, and Finance Manager are the authorized signers for all City bank accounts. APPROVED by the City Council on this 11th day of January, 2022.