Res 2025-03 Establishing 2025 City Depositories of FundsCITY OF MENDOTA HEIGHTS
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2025 - 03
RESOLUTION ESTABLISHING 2025 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
2025:
Deerwood Bank
Wells Fargo Bank
Cherokee State Bank
Gateway Bank
U.S. Bancorp
Piper Sandler
TCF National Bank
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 7th day of January,
2025.
CITY COUNCIL
CITY OF MENDOTA HEIGHTS
BY
Step anie . Levine, Ma or
ATTEST:
Ka cy B er, City Clerk