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I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br />Councilmember introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #03-01-XXX <br /> <br />RESOLUTION DESIGNATING COMMUNITY FIRST NATIONAL BANK AS' <br />OFFICIAL FINANCIAL INSTITUTION FOR THE CITY OF RAMSEY <br />BANKING SERVICES FOR THE YEAR OF 2003 <br /> <br /> WHEREAS, the City Of Ramsey must designate certa{n institutions as official <br />depositories of City funds in accordance with Minnesota Statutes Chapter 118A.04. <br /> <br /> WHEREAS, the City of Ramsey has selected Community First National Bank for <br />its banking services for the year of 2003; <br /> <br /> WHEREAS, banking services will consist of.such items as daily deposits of cash <br />receipts, wire transfers of funds, and automated payroll for direct deposit; <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />That the City of Ramsey hereby appoints Community First National Bank as the <br />financial institution that will provide the City its banking services for the year <br />2003. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by, and upon <br />vote being taken thereon, the following voted in favor thereof: <br /> <br />and the following voted against the same: <br /> <br />and the following abstained: <br /> <br />and the following were absent: <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City <br />Council this the 14th day of January, 2003. <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City Clerk <br /> <br />-101- <br /> <br /> <br />