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Coucni hnember Elvig introduced the following resolution and moved for its adoption: <br /> RESOLUTION #05-01-010 <br /> <br />RESOLUTION DESIGNATING FINANCIAL INSTITUTIONS AS OFFICIAL <br />DEPOSITORIES OF CITY FUNDS FOR 2005 <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 />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1. That the City of RamseY hereby appoints the following financial institutions as <br /> depositories of City funds for 2005: <br /> <br /> Banking Institutions: <br /> <br /> Landmark Community Bank <br /> Ramsey, Minnesota <br /> <br /> The Bank of the West <br /> Ramsey, Minnesota <br /> <br /> First National Bank of Elk River <br /> Anoka, Minnesota <br /> <br /> Minnesota Municipal Money Market Fund <br /> Minneapolis, Minnesota <br /> <br /> Ri verview Community Bank <br /> Otsego, Minnesota <br /> <br /> Village Bank <br /> Ramsey, Minnesota <br /> <br /> Brokerage Houses: <br /> <br /> RBC Dain Rauscher <br /> Minneapolis, Minnesota: <br /> <br /> Financial Northeastern Securities, Inc. <br /> Fairfield, New Jersey <br /> <br /> <br />