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Councilmember �— <br />introduced the following resolution and <br />moved for its adoption: <br />RESOLUTION #81- <br />WHEREAS, DAIN BOSWORTH has submitted a feRamseydfunds <br />July 9 1981 requesting to be a depository of City y o <br />for investment only. CITY OF RAMSEY <br />NOW THEREFORE, BE IT RESOLVED BY THE fITYO COUNCIL, <br />ANOKA COUNTY, STATE OF MINNESOTA, <br />1) The City Council hereby appoints the firm Dain Bosworth, <br />Inc., 100 Dain Tower, Minneapolis, Minnesota, as a <br />depository of City investment funds. <br />2) This appointment does not preclude the City from placing <br />its investments with the highest bid received from any <br />• of its designated depository institutions. <br />3) A copy of this resolution will be furnished to the City <br />Accountant and Dain Bosworth. <br />the for <br />resolution was duly seconded <br />The motion for the adoption of <br />. b Councilmember �_ <br />and upon vote being taken thereon, the follow- <br />ing voted in favor thereof: <br />and the following voted against the same: <br />resolution was declared duly passed and adopted by the <br />whereupon said <br />• Ramsey City Council this the 28th day of July, 1981. <br />Mayor <br />ATTEST: <br />City Administrator /Clerk <br />f <br />