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Councilmember Beyer introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION 4/91-01-007 <br /> <br />RESOLUTION DESIGNATING FINANCIAL INSTITUTIONS AS OFFICIAL <br />DEPOSITORIES OF CITY FUNDS FOR 1991 <br /> <br /> WHEREAS, the City of Ramsey must designate certain National, insured State <br />bank or thrift institutions as official depositories of City funds in accordance with M.S. Chapter <br />118.005. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br /> 1) That the City of Ramsey hereby appoints the following financial institutions <br />as depositories of City funds: <br /> <br />The Northern Bank <br />Anoka, Minnesota <br /> Using the following for safekeeping: <br /> National City Bank of Minneapolis <br /> Minneapolis, Minnesota <br /> <br />First National Bank of Anoka <br />Anoka, Minnesota <br /> <br />First National Bank of Minneapolis <br />Minneapolis, Minnesota <br /> Using the following for safekeeping: <br /> First National Bank of Minneapol/s Trust <br /> Minneapolis, Minnesota <br /> <br />Dain Bosworth, Inc. <br />Minneapolis, Minnesota <br /> Using the following for safekeeping: <br /> Irving Bank of New York <br /> New York, New York <br /> -and- <br /> Norwest Bank of Minneapolis N.A. <br /> Minneapolis, Minnesota <br /> <br />Shearson Lehman Hutton <br />Minneapolis, Minnesota <br /> Using the following for safekeeping: <br /> Security Pacific <br /> New York, New York <br /> -and- <br /> Chemical Bank <br /> New York, New York <br /> -and- <br /> Morgan Bank <br /> New York, New York <br /> <br />American National Bank <br />Minneapolis, Minnesota <br /> <br />Norwest Bank of Minneapolis N.A. <br />Minneapolis, Minnesota <br /> <br /> <br />