HomeMy WebLinkAboutCity Council Resolution 1983-020CITY OF PLYMOM
so Pursuant to due call and notice thereof, a rRaWarmeeting of the City
Council of the City of Plymouth, Minnesota, was ffeld on 0th day of
,lanijary , 19_&L. The following members were present: mayor Davenport,
rn1q-j1mpwhhPrK mnen_ Nei1c_. Schneider -and Threinen
Abe following members were absent: none
SRA
RflA
introduced the following Resolution and moved
its adoption:
RESOLUTION NO. 83 -20
APPOINTING OFFICIAL DEPOSITORIES FOR CITY FUNDS FOR 1983
WHEREAS, State Statutes require that the City designate general depositories
for City monies;
AAR
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA, that the following be designated as official general depositories
for 1983 for the City of Plymouth: The First Bank of Minneapolis, the First
National Bank of Wayzata, the Metropolitan State Bank of Plymouth, the Wayzata
Bank and Trust, the Northwestern Bankwest, and First Bank Plymouth;
BE IT FURTHER RESOLVED that the following be designated as official depositories
so for the City's temporary investment program for 1983: The Marquette National Bank
of Minneapolis, the New Hope State Bank of New Hope, the First -Bank of St. Paul,
First Federal Savings and Loan of Wayzata, Twin City Federal Savings and Loan,
Northwestern Banks, Northwestern National Bank of St. Paul, the American National
Bank of St. Paul, Wayzata Bank and Trust Company of Wayzata, F & M Marquette Nat'l Banks,
First Banks of Minneapolis, the First National Bank of Wayzata, the Metropolitan
State Bank of Plymouth, First Bank Plymouth, and State Bank of Eden Prairie;
BE IT PIRTHER RESOLVED that the designation of the foregoing depositories are
contingent upon receipt by the City of Plymouth of evidence of sufficient collateral
in the amount and kinds as required by the State Statutes.
The motion for the adoption of the foregoing Resolution was duly seconded by
Councilmember Threinen , and upon vote being taken thereon, the following
Voted in favor thereof: Mayor Davenport, Councilmembers Moen, Neils, Schneider
and Threinen
The following voted against or abstained: none
10 'Whereupon the Resoltuion was declared duly passed and adopted.