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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #21-002 <br />RESOLUTION DESIGNATING FINANCIAL INSTITUTIONS AS OFFICIAL <br />DEPOSITORIES OF CITY FUNDS FOR 2021 <br />WHEREAS, the City of Ramsey must designate certain institutions as official depositories <br />of City funds in accordance with Minnesota Statutes Chapter I I8A.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 />l . That the City of Ramsey hereby appoints the following financial institutions as depositories <br />of City funds for 2021: <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 />Brokerage Houses: <br />Northland Securities <br />Minneapolis, Minnesota <br />Institutional Cd's, Inc. <br />Scottsdale, Arizona <br />Dougherty & Company <br />Minneapolis, Minnesota <br />UBS Financial Services, Inc. <br />Minneapolis, Minnesota <br />Robert W. Baird & Associates <br />Edina, Minnesota <br />