Res 2019- 05 Establish City DepositoriesCITY OF MENDOTA HEIGHTS
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2019 - 05
RESOLUTION ESTABLISHING 2019 CITY DEPOSITORIES OF FUNDS
BE IT RESOLVED by the city council of the City of Mendota Heights that the
following institutions be designated as depositories for city funds and securities for
2019:
Deerwood Bank
Wells Fargo Bank
Cherokee State Bank
Gateway Bank
U.S. Bancorp
Piper Jaffray & Co.
TCF National Bank
Minnesota Municipal Money Market Fund
Wells Fargo Advisors, Inc.
BE IT FURTHER RESOLVED that investments of city funds be in any securities
authorized by Minnesota Statutes Chapters 118A.04 and 427.02.
Adopted by the City Council of the City of Mendota Heights this 2nd day of January,
2019.
CITY COUNCIL
CITY OF MENDOTA HEIGHTS
BY
Neil Garlock, Mayor
ATTEST:
i
Lord Smith, City Clerk