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Coucnihnember introduced the following resolUtion and moved for its adoption: <br /> <br />RESOLUTION #05-01-XXX <br /> <br />RESOLUTION DESIGNATING FINANCIAL INSTITUTIONS <br />DEPOSITORIES OF CITY FUNDS FoR 2005 <br /> <br />AS OFFICIAL <br /> <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 /> <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 the following financial institutions as <br />depositories of City funds for 2005:: <br /> <br />Banking Institutions: <br /> <br />Landmark Community Bank <br />Ramsey, Minnesota <br /> <br />The Bank of the west <br />Ramsey, Minnesota <br /> <br />First National Bank of Elk River <br />Anoka, Minnesota <br /> <br />Minnesota Municipal Money Market Fund <br />Minneapolis, Minnesota: <br /> <br />Riverview Community Blank <br />Otsego, Minnesota <br /> <br />Village Bank <br />Ramsey, MinneSota <br /> <br />Brokerage Houses: <br /> <br />RBC Dain Rauscher <br />Minneapolis, Minnesota <br /> <br />Financial Northeastern Securities, Inc. <br />Fairfield, New Jersey <br /> <br />Northland Securities <br />Minneapolis, Minnesota <br /> <br /> <br />