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<br />Councilmember Johns introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #18-006 <br /> <br />RESOLUTION DESIGNATING FINANCIAL INSTITUTIONS AS OFFICIAL <br />DEPOSITORIES OF CITY FUNDS FOR 2018 <br /> <br /> WHEREAS, <br /> 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 /> <br />1. That the City of Ramsey hereby appoints the following financial institutions as <br />depositories of City funds for 2018: <br /> <br />Banking Institutions: <br /> <br /> The Bank of the West <br /> Ramsey, Minnesota <br /> Walnut Creek, California <br /> <br /> Minnesota Municipal Money Market Fund <br /> Minneapolis, Minnesota <br /> <br /> Village Bank <br /> Ramsey, Minnesota <br /> <br />Brokerage Houses: <br /> <br /> Northland Securities <br /> Minneapolis, Minnesota <br /> <br /> Institutional Cd’s, Inc. <br /> Scottsdale, Arizona <br /> <br /> UBS Financial Services, Inc. <br /> Minneapolis, Minnesota <br /> <br /> Comerica Securities, Inc <br />Detroit, Michigan <br /> <br />Robert W. Baird & Associates <br />Edina, Minnesota <br /> <br /> <br /> <br /> <br />