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CITY OF LAKEVILLE
RESOLUTION
Date January 4, 1988 Resolution No. 88-1
Motion by Harvey Seconded by Nelson
RESOLUTION APPOINTING DEPOSITORIES
FOR THE CITY OF LAKEVILLE
WHEREAS, the Lakeville City Council wishes to appoint depositories
for the .year 1988 for checking, savings, and investment purposes.
NOW, THEREFORE, BE IT RESOLVED that:
1. The Mayor and Clerk be authorized to execute any required documents with
depositories named below,,including signature cards and agreements.
2. The following institutions are hereby named depositories subject to the
maximum deposits and collateral requirements as required by law.
1. First Lakeville Bank
2. Dain Bosworth
3. Norwest Bank
4. First National Bank of Minneapolis
5. Merrill Lynch
6. Twin City Federal Savings and Loan
7. .Midwest Federal Savings and Loan
8. Piper, Jaffray & Hopwood
9. Peoples Savings and Loan Association
10. Kidder-Peabody & Company
11. Franklin US Government Securities Fund
12. First National Bank of St. Paul
13. Bear Stearns
14. H.M. Novak
APPROVED AND ADOPTED by the City Council of the City of Lakeville,
Minnesota, this 4th day of January, 1988.
CITY OF VILLE
BY: "
Duane Zaun, Ma o
ATTE
atrick E. McGarvey, ity Cler