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Councilmember <br /> <br />introduced the following resolution and moved for its adoption: <br /> RESOLUTION #94-0i- <br /> <br />RESOLUTION~DESIGNATING FINANCIAL INSTITUTIONS AS OFFICIAL <br />DEPOSITORIES OF CITY FUNDS FOR 1994 <br /> <br /> WHERE!AS, the City of Ramsey must designate certain institutions as official <br />depositories of City funds in accordance with Minnesota Statutes Chapter 118.005. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF RAMSEY, ~NOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1. That the City of Ramsey hereby appoints the following financial institutions as depositories <br /> if City funds for 1994: <br /> <br />:First Bank Anoka <br />'.Anoka, Minnesota <br /> <br />First Bank Systems Investment Services, Inc. <br />Minneapolis, Minnesota <br /> <br />Northeast State Bank <br />(Minneapolis, Minnesota <br />~ with brokerage services provided by: <br /> Investment Centers of America, Inc. <br /> <br />.Municipal Money Market Fund <br />Minneapolis, Minnesota <br /> <br />Smith Barney Shearson <br />Minneapolis, Minnesota <br /> <br />Merrill Lynch <br />Minneapolis, Minnesota <br /> <br />Prudential Securities Incorporated <br />Minneapolis, Minnesota <br /> <br />Paine Webber Incorporated <br />Minneapolis, Minnesota <br /> <br /> Dain Bosworth Incorporated <br /> Minneapolis, Minnesota <br /> <br /> Financial Northeastern Securities, Inc. <br /> Fairfield, New Jersey <br /> <br />The motion for aqloption of the foregoing resolution was duly seconded by Councitmember <br /> and upon vote being taken thereon, the following voted in favor thereof: <br /> <br /> <br />