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Coucnihnember Elvig introduced the following resolution and moved for its adoption: <br /> RESOLUTION #03~09-230 <br /> <br />RESOLUTION DESIGNATING UBS FINANCIAL SERVICES, INC. AS AN OFFICIAL <br />DEPOSITORY OF CITY FUNDS FOR 2003 <br /> <br /> WHEREAS, the City of Ramsey must designate certain institutions as official <br />depositories of City funds in accordance with Mim~esota Statutes Chapter 118A.04. <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 /> That the City of Ramsey hereby appoints UBS Financial Se~wices, Inc. as an official <br /> depository of City funds for 2003: <br /> <br />The motion for adoption of the foregoing resolution was duly seconded by Councilmember <br />Person, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br /> Councilmember Elvig <br /> Councilmember Pearson <br /> Councihnember Cook <br /> Councilmember Kurak <br /> Councihnember Strommen <br /> Councilmember Zimmennan <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 /> Mayor Gamec <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council <br />this the 9th day of September, 2003. <br /> <br /> Mayor <br /> <br /> <br />