HomeMy WebLinkAboutCity Council Resolution 1984-832CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth, Minnesota was held on the
. 19th day of November , 19 84. The following members were
present: Davenport, Councilor rs Neils Moen and Crain
The following mem ers were absent: Councilmember Schneider
Councilmember Moen introduced the following Resolution and
moved its adoption:
No. 84 - 832
A RESOLUTION ESTABLISHING A POLICY OF ROTATING BANKS
WHEREAS, The City Council recognizes the contribution made to our community by
our local financial institutions, and
WHEREAS, the City Council deems it advisable to establish a formal policy of
rotating our checking accounts between local banks, and
WHEREAS, the Finance Director has proposed a written policy which sets forth
the governing guidelines and rotation schedule,
NOW, THEREFORE, BE IT HEREBY RESOLVED FY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA, that the policy statement and rotation schedule as set
10 forth in the Finance Director's memo of November 15, 1984 is hereby adopted.
The motion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
TO110WIng VOZOO In TAvor are0 . Flavor Daveneart_ Councilaembers Neils,
MoRn and Crain
0 Ow ng Voted a • nit Or Abstained: none
Mhareupon the Resolution was declared duly �Passed And a Pte