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HomeMy WebLinkAbout10-157 - ADMIN Resolution - City Council - 2010/12/20RESOLUTION NO. 10-157 RESOLUTION AUTHORIZING BANK SIGNATORIES AND OPENING OF MONEY MARKET ACCOUNT WHEREAS, the City of St. Louis Park has accounts at Citizens Independent Bank; and WHEREAS, it is necessary to update the current bank signatories; and WHEREAS, the addition of a new money market account would provide a sound investment option for investing short-term cash; NOW, THEREFORE, BE IT RESOLVED, by the St. Louis Park City Council: 1. Approval is hereby given to authorize the following bank signatories on the Citizens Independent Bank Accounts. City Vendor Checking Account Thomas Harmening* City Manager Nancy Gohman** Deputy City Mgr/HR Director Brian Swanson* Controller Steven Heintz** Finance Supervisor *Check signer/primary authority **Secondary authority Payroll Checking Account Thomas Harmemng* City Manager Nancy Gohman** Deputy City Mgr/HR Director Brian Swanson* Controller Steven Heintz** Finance Supervisor *Check signer/primary authority * * Secondary authority EDA Checking Account Thomas Harmening* Executive Director Phil Finkelstein* EDA President Brian Swanson** Controller Steven Heintz** Finance Supervisor *Check signer as required by EDA Bylaws **Secondary authority Resolution No. 10-157 -2- 2. Approval is hereby given to authorize the Controller to open a Premier Money Market at Citizens Independent Bank with the following bank signatories. Premier Money Market Thomas Harmening* City Manager Brian Swanson* Controller Steven Heintz** Finance Supervisor Darla Monson** Senior Accountant *Primary authority **Secondary authority r Administration: Attest: �r go City Clerk Adopted by he City Council December 20, 2010 Mayor