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Councilmember Musgrove introduced the following resolution and moved for its adoption: <br /> RESOLUTION #22-014 <br /> RESOLUTION DESIGNATING BANK OF THE WEST AS OFFICIAL FINANCIAL <br /> INSTITUTION FOR THE CITY OF RAMSEY BANKING SERVICES FOR THE YEAR <br /> OF 2022 <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 /> WHEREAS, the City of Ramsey has selected Bank of the West for its banking services <br /> for the year of 2022; <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 /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> 1) That the City of Ramsey hereby appoints Bank of the West as the financial institution <br /> that will provide the City its banking services for the year 2022. <br /> The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br /> Woestehoff,and upon vote being taken thereon, the following voted in favor thereof: <br /> Mayor Kuzma <br /> Councilmember Musgrove <br /> Councilmember Woestehoff <br /> Councilmember Heineman <br /> Councilmember Howell <br /> Councilmember Riley <br /> Councilmember Specht <br /> and the following voted against the same: <br /> None <br /> and the following abstained: <br /> None <br /> and the following were absent: <br /> None <br />