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Councihnember Hendriksen introduced the following resolution and moved for its <br />adoption: <br /> <br />RESOLUTION #02-01-010 <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 2002 <br /> <br /> WHEREAS, 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 /> WHEREAS, the City of Ramsey has selected Community First National Bank for <br />its banking services for the year of 2002; <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 />l) <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 />2002. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by <br />Councilmember Zimmerman, and upon vote being taken thereon, the following voted in <br />favor thereofi <br /> <br />Councilmember Hendriksen <br />Councilmember Zimmerman <br />Councilmember Anderson <br />Councilmember Kurak <br /> <br />and the following voted against the same: <br /> <br />Nolle <br /> <br />and the following abstained: <br /> <br />None <br /> <br />and the following were absent: <br /> <br />Mayor Gamec <br /> <br /> <br />