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Res 2023-01 Depositories of FundsCITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION 2023-01 RESOLUTION ESTABLISHING 2023 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 2023: Deerwood Bank Wells Fargo Bank Cherokee State Bank Gateway Bank U.S. Bancorp Piper Sandler & Co. TD Ameritrade 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 17th day of January, 2023. CITY COUNCIL CITY OF MENDOTA HEIGHTS i BY Jr rc Stephanie B. Levine, Mayor ATTEST: ( /r� / ine L n, City Clerk