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Councilmember introduced the following resolution and moved for its adoption: <br /> RESOLUTION #17-01-003 <br /> RESOLUTION DESIGNATING FINANCIAL INSTITUTIONS AS OFFICIAL <br /> DEPOSITORIES OF CITY FUNDS FOR 2017 <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 /> 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 the following financial institutions as <br /> depositories of City funds for 2017: <br /> Banking Institutions: <br /> The Bank of the West <br /> Ramsey, Minnesota <br /> Walnut Creek, California <br /> Minnesota Municipal Money Market Fund <br /> Minneapolis, Minnesota <br /> Village Bank <br /> Ramsey, Minnesota <br /> Brokerage Houses: <br /> Northland Securities <br /> Minneapolis, Minnesota <br /> Institutional Cd's, Inc. <br /> Scottsdale, Arizona <br /> UBS Financial Services, Inc. <br /> Minneapolis, Minnesota <br /> Comerica Securities, Inc <br /> Detroit, Michigan <br /> Robert W. Baird&Associates <br /> Edina, Minnesota <br />