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Councilmember Peterson introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION ~)4-01-008 <br /> <br />RESOLUTION DESIGNATING FINANCIAL INSTITUTIONS AS OFFICIAL <br />DEPOSITORIES OF CITY FUNDS FOR 1994 <br /> <br /> WHEREAS, the City of Ramsey must designate certain institutions as official <br />depositories of City funds in accordance with Minnesota Statutes Chapter 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 />That the City of Ramsey hereby appoints the following financial institutions as depositories <br />if City funds for 1994: <br /> <br />First Bank Anoka <br />Anoka, Minnesota <br /> <br />First Bank Systems Investment Services, Inc. <br />Minneapolis, Minnesota <br /> <br />Northeast State Bank <br />Minneapolis, Minnesota <br /> with brokerage services provided by: <br /> Invesunent Centers of America, Inc. <br /> <br />Municipal Money Market Fund <br />Minneapolis, Minnesota <br /> <br />Smith Barney Shearson <br />Minneapolis, Minnesota <br /> <br />Merrill Lynch <br />Minneapolis, Minnesota <br /> <br />Prudential Securities Incorporated <br />Minneapolis, Minnesota <br /> <br />Paine Webber Incorporated <br />Minneapolis, Minnesota <br /> <br />Dain Bosworth Incorporated <br />Minneapolis, Minnesota <br /> <br />Financial Northeastern Securities, Inc. <br />Fairfield, New Jersey <br /> <br />The motion for adoption of the foregoing resolution was duly seconded by Councilmember Beyer <br />and upon vote being taken thereon, the following voted in favor thereof: <br /> <br />Mayor Gilbertson <br />Councilmember Peterson <br />Councilmember Beyer <br />Councilmember Hardin <br />Councilmember Zimmerman <br /> <br /> <br />