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CITY OF LAKEVILLE
RESOLUTION
Date January 6, 1986 Resolution No. 86-1
Motion by Harvey Seconded by Nelson
RESOLUTION APPOINTING DEPOSITORIES
FOR THE CITY OF LAKEVILLE
WHEREAS, the Lakeville City Council wishes to appoint depos-
itories for the year 1986 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 of Minneapolis
4. First National Bank of Minneapolis
5. Merrill Lynch
6. Twin City Federal Savings and Loan
7. Midwest Federal Savings and Loan
8. Norwest Bank Midland
9. Peoples Savings and Loan Association
10. Kidder-Peabody & Company
11. Franklin US Government Securities Fund
APPROVED AND ADOPTED by the City Council of the City of
Lakeville, Minnesota, this 6th day of January, 1986.
CITY OF VILLE
BY : '1..Q_
Du ne Zaun, Ma
ATTES
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Patrick E. McGarvey, City Clerk