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Councilmember Beahen introduced the following resolution and moved for its adoption: <br /> RESOLUTION #97-01-008 <br /> <br />RESOLUTION DESIGNATING FINANCIAL INSTITUTIONS AS OFFICIAL <br />DEPOSITORIES OF CITY FUNDS FOR 1997 <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 <br />OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1. That the City of Ramsey hereby appoints the following financial institutions as depositories <br /> of City funds for 1997: <br /> <br /> Banking Institutions: <br /> <br /> First Bank N.A. - Anoka Branch <br /> Anoka, Minnesota <br /> <br /> First National Bank of Elk River <br /> Anoka, Minnesota <br /> <br /> Landmark Community Bank <br /> Isanti, Minnesota <br /> <br /> Minnesota Municipal Money Market Fund <br /> Minneapolis, Minnesota <br /> <br /> Northland Security Bank <br /> Ramsey, Minnesota <br /> <br /> Brokerage Houses: <br /> <br /> Dain Bosworth Incorporated <br /> Minneapolis, Minnesota <br /> <br /> FBS Investment Services, Inc. <br /> Minneapolis, Minnesota <br /> <br /> Financial Northeastern Securities, Inc. <br /> Fairfield, New Jersey <br /> <br />Norwest Investment Services, Inc. <br />Minneapolis, Minnesota <br /> <br />Paine Webber Incorporated <br />Minneapolis, Minnesota <br /> <br />Piper Jaffray Incorporated <br />Minneapolis, Minnesota <br /> <br /> <br />