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HomeMy WebLinkAbout80-001 CITY OF LAKEVILLE RESOLUTION Date January 2, 1980 Resolution No. 80-1 Motion by Zaun Seconded by Spande RESOLUTION APPOINTING DEPOSITORIES FOR THE CITY OF LAKEVILLE WHEREAS, the Lakeville City Council wishes to appoint depositories for the year 1980 for checking account 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 banking institutions are hereby named depositories subject to the maximum deposits and collateral requirements as required by law. 1. First Lakeville State Bank 2. First National Bank of St. Paul 3. Northwestern National Bank of Minneapolis 4. First National Bank of Minneapolis 5. Minnesota Federal Savings of Burnsville 6. Home Federal Savings of Bloomington 7. Twin City Federal Savings of Minneapolis 8. First Federal Savings of Hastings 9. Midwest Federal of Lakeville 10. N.W. Bank of Hastings 11. Midland National Bank APPROVED AND ADOPTED by the City Council of the City of Lakeville this 2nd day of January, 1980. CITY OF LAKEVILLE ~ BY: Gordon Lekson, Mayor ATTEST: ~ C' Patrick E.~ McGarvey, Citp Clem