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Res 2005- 03 Establishing 2005 City Depositories of Funds) CITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 05-03 RESOLUTION ESTABLISHING 2005 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 2005: American Bank Wells Fargo Bank Cherokee State Bank Gateway Bank U.S. Bancorp (FBS) Piper Jaffray & Co. TCF National Bank Minnesota Municipal Money Market Fund Wachovia Securities, Inc. BE IT FURTHER RESOLVED that investments of City funds be in any securities authorized by Minnesota Statutes Chapters 118.117, 475.66 and 471.56. Adopted by the City Council of the City of Mendota Heights this 3rd day of January, 2005. ATTEST: K thleen M. Swanson City Clerk BY CITY COUNCIL CITY OF MENDOTA HEIGHTS