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Councihnember Cook iutroduced thc following rCaolution and mowd for its adoption: RESOLUTION #03-01-009 RESOlJUTION AUTHORIZING SIGNATURES FOR FINANCIAL TRANSACTIONS WHEREAS, in order to conduct the business affairs of the City, the Council authorizes two of its members, the City Administrator and certain members of staff to sign financial documents on behalf of the City; and WHEREAS, except for transfers within the City's accounts, this authorization provides for financial control by requiring two signatures on all such financial documents; and WltEREAS, the Council hereby authorizes James E. Norman, City Administrator, or Diana L. Lund, Finance Officer, or Linda K. Mayer, Senior Accountant, to sign checks and other withdrawal documents fi'om the City's checking and money market accounts; and WHEREAS, for the purpose of confirming the authenticity of the documents already signed by one of the individuals named above, and consistent with the City's past financial practice which two signatures are required on all such documents, the Council designates Thomas G. Gamec, Mayor, or Gerald A. Zimmerman, Acting Mayor, as counter-signatures for all such financial documents; and WHEREAS, fund transfers (this also includes electronic fund transfers for payroll, sales tax, and all other taxes that are required to be deposited electronically) between the City's checking and money market accounts are generally verbal instructions and James E. Norlnan, City Administrator, or Diana L. Lund, Finance Officer, or Linda K. Mayer, Senior Accountant, are authorized to make such transactions. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That the Ramsey City Council hereby approves the City's authorized signatures for financial transactions as James E. Norman, City Administrator; Diana L. Lund, Finance Officer; and Linda K. Mayer, Senior Accountant, and further designates Thomas G. Gamec, Mayor, and Gerald A. Zimmerman, Acting Mayor, as the required counter- signatures. 2) That the Ramsey City Council hereby authorizes James E. Norman, City Administrator; Diana L. Lund, Finance Officer; and Linda K. Mayer, Senior Accountant, to make fund transfers between the City's checking and money market accounts. The motion roi' the adoption of the foregoing resolution was duly seconded by Councilmember 14urak, and ttpon vote being taken thereon, the following voted in favor: