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<br /> <br />Councilmember LeTourneau introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #14-01-004 <br /> <br />RESOLUTION DESIGNATING BANK OF THE WEST AS OFFICIAL FINANCIAL <br />INSTITUTION FOR THE CITY OF RAMSEY BANKING SERVICES FOR THE YEAR <br />OF 2014 <br /> <br />WHEREAS, <br /> the City of Ramsey must designate certain institutions as official <br />depositories of City funds in accordance with Minnesota Statutes Chapter 118A.04. <br /> <br />WHEREAS, <br /> the City of Ramsey has selected Bank of the West for its banking services <br />for the year of 2014; <br /> <br />WHEREAS, <br />banking services will consist of such items as daily deposits of cash receipts, <br />wire transfers of funds, and automated payroll for direct deposit; <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) That the City of Ramsey hereby appoints Bank of the West as the financial institution that <br />will provide the City its banking services for the year 2014. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Johns, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br /> Mayor Strommen <br /> Councilmember LeTourneau <br /> Councilmember Johns <br /> Councilmember Kuzma <br /> Councilmember Riley <br /> Councilmember Tossey <br /> <br />and the following voted against the same: <br /> <br /> None <br /> <br />and the following abstained: <br /> <br /> None <br /> <br />and the following were absent: <br /> <br /> Councilmember Backous <br /> <br /> <br /> <br />