Agenda - Council - 01/11/2016 - Laserfiche WebLink

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17 c,miof, 11 , iSEY Our Uissiow To work together to resposihty grow ouf communiiry, and to prowlde quality, cost-effective. and eificlent gowemmenr services. CC Regular Session Meeting Date: 01/11/2016 4.13. By: Jo Thieling, Administrative Services Information Title: Adopt Resolution #16-01-001 for 2016 Council Organization; Resolution #16-01-015 Designating Financial Institutions as Official Depositories of City Funds for 2016; Resolution 416-01-017 Designating Bank of the West as Official Financial Institution for the City of Ramsey Banking Services for the Year of 2016; and Resolution #16-01-016 Authorizing Signatures for Financial Transactions Purpose/Background: Purpose: To adopt the annual resolution appointing Council Members to Committees, etc. as well as designating the City's Official Newspaper, renewing contracts with TimeSaver Off-site Recording Secretarial, Inc. and naming the firms the City will use for Legal Services. The purpose is to also adopt the resolutions designating financial institutions as official depositories of City funds, authorizing signatures for financial transactions, and designating Bank of the West as Official Financial Institution for the City of Ramsey Banking Services for the year 2016. Background: The City Council met in work session earlier this evening and discussed the organizational resolution. Discussion was held regarding who would serve on which committee, the City's official newspaper designation, designation of the law firms the City will use for legal services, and the agreement with TimeSaver Off-site Recording Secretarial, Inc. If any changes were made at the work session to the organizational resolution for Council appointment to Committees, the attached resolution will then be adopted, as amended by discussion at the work session, and staff will make those changes prior to executing the resolution. Resolution #16-01-001 for 2016 Council Organization is attached. Each year the Council must designate certain institutions as official depositories of City funds. A list of depositories is in Resolution 416-01-015 Designating Financial Institutions as Official Depositories of City Funds for 2016 - which is attached. The Council also must designate an official financial institution. Attached to this case is Resolution 416-01-017 Designating Bank of the West as Official Financial Institution for the City of Ramsey Banking Services for the Year of 2016. The Council also authorizes annually two of its members, plus the City Administrator and certain members of staff to sign financial documents on behalf of the City. Resolution #16-01-016 Authorizing Signatures for Financial Transactions is attached for review and adoption. Funding Source: N/A Recommendation: