Res 1987 - 01 Establishing 1987 City Depositories of FundsCITY OF MENDOTA HEIGHTS
DAKOTA COUNTY, MINNESOTA
RESOLUTION NO. 87-01
RESOLUTION ESTABLISHING 1987 CITY DEPOSITORIES OF FUNDS
BE IT RESOLVED by the City Council of the City of Mendota Heights, that
the following institutions be designated as depositoriesfor City funds for
1987:
Dakota County State Bank
Signal Hills State Bank
1st Mn. Savings Bank
Norwest Bank of St. Paul
Cherokee State Bank
Minnesota State Bank
First Bank St.Paul
American National Bank and Trust Company of St. Paul
BE IT FURTHER RESOLVED that investments of City funds be in securities
authorized by Minnesota Statutes Chapters 118.17, 475.66 and 471.56.
Adopted by the City Council of the City of Mendota Heights this 6th day of January,
1987.
CITY COUNCIL
CITY OF MENDOTA HEIGHTS
Byg�..�.,-
Charles E. Mertensotto
Mayor
ATTEST:
/at
Mary DeLaRosa
Deputy Clerk