Res 2003- 01 Corporate AuthorizationRESOLUTION NO. 03-01
CORPORATE AUTHORIZATION RESOLUTION
AMERICAN BANK By: CITY OF MENDOTA HEIGHTS
1578 UNIVERSITY AVE W
SAINT PAUL MN 55104
1101 VICTORIA CURVE
MENDOTA HEIGHTS MN 55118
Referred to in this document as 'Financial Institution" Referred to in this document as "Corporation"
I, Kathleen Swanson , certify that I am Secretary (clerk) of the above named corporation organized under the laws of
the State of Minnesota , Federal Employer I.D. Number 41-6008695 . engaged in business under the trade name of
City Ofyjff . iltiights , and that the resolutions on this document are a correct copy of the resolutions
adopted at a meeting of the Board of Directors of the Corporation duly and properly called and held on (date).
These resolutions appear in the minutes of this meeting and have not been rescinded or modified.
AGENTS Any agent listed below, subject to any written limitations, is authorized to exercise the powers granted as indicated below:
Name. and Title or -Position---___._ _____.____
A. LAWRENCE E. SHAUGHNESSY, JR
B. CARINE E. LIND13EIZG
C. KRISTEN M. SCi3ABAOM
D. KAZTILEEAT M. SWANSON
E. CHARLES E. MEP.MTSO—IM
F. JOHN J. HUBER
. ____. .. Signature.-___ _ _
Facsimile. Signature_._____
POWERS GRANTED (Attach one or more Agents to each power by pie
Following each power indicate the number of Agent signatures required to
Indicate A, B, C,
Description of Power
Indicate number of
_D, E, and/or F
signatures required
(1)
Exercise all of the powers listed in this resolution.
A, B, C, D, E, F (2)
Open any deposit or share account(s) in the name of the Corporation.
1
A, B, C, D, E, F (3)
Endorse checks and orders for the payment of money or otherwise withdraw or transfer funds on deposit
1
with this Financial Institution.
N/A
(4)
Borrow money on behalf and in the name of the Corporation, sign, execute and deliver promissory notes
or other evidences of indebtedness.
1
A, C, E, F
(5)
Endorse, assign, transfer, mortgage or pledge bills receivable, warehouse receipts, bills of lading, stocks,
bonds, real estate or other property now owned or hereafter owned or acquired by the Corporation as
security for sums borrowed, and to discount the same, unconditionally guarantee payment of all bills
received, negotiated or discounted and to waive demand, presentment, protest, notice of protest and
notice of non-payment.
1
A, C, D
(6)
Enter into a written lease for the purpose of renting, maintaining, accessing and terminating a Safe
Deposit Box in this Financial Institution.
(7)
Other
LIMITATIONS ON POWERS The following are the Corporation's express limitations on the powers granted under this resolution.
EFFECT ON PREVIOUS RESOLUTIONS This resolution supersedes resolution dated
If not completed, all resolutions remain in effect.
CERTIFICATION OF AUTHORITY
I further certify that the Board of Directors of the Corporation has, and at the time of adoption of this resolution had, full power and lawful authority to
adopt the resolutions on page 2 and to confer the powers granted above to the persons named who have full power and lawful authority to exercise
)e same. (Apply seal below where appropriate.)
-A If checked, the Corporation is a non-profit corporation. In Witness Whereof, I have subscribed my name to this document and affixed the seal
of t e Corporation on (date).
ilk om:.
A st by One Other Officer -j Secretary
Q985, 1997 Bankers Systems, Inc., St. Cloud, MN Form CA -1 6/12l2002 /page 1 of 21