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Councilmember Riley introduced the following resolution and moved for its adoption: <br />RESOLUTION #15-01-011 <br />RESOLUTION DESIGNATING BANK OF THE WEST AS OFFICIAL FINANCIAL <br />INSTITUTION FOR THE CITY OF RAMSEY BANKING SERVICES FOR THE YEAR <br />OF 2015 <br />WHEREAS, the City of Ramsey must designate certain institutions as official <br />depositories of City funds in accordance with Minnesota Statutes Chapter 118A.04. <br />WHEREAS, the City of Ramsey has selected Bank of the West for its banking services <br />for the year of 2015; <br />WHEREAS, 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 />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <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 2015. <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />LeTourneau, and upon vote being taken thereon, the following voted in favor thereof: <br />Mayor Strommen <br />Councilmember Riley <br />Councilmember LeTourneau <br />Councilmember Johns <br />Councilmember Kuzma <br />Councilmember Shryock <br />Councilmember Williams <br />and the following voted against the same: <br />None <br />and the following abstained: <br />None <br />and the following were absent: <br />None <br />