HomeMy WebLinkAbout14-044 - ADMIN Resolution - City Council - 2014/03/17RESOLUTION NO. 14-044
RESOLUTION AUTHORIZING OPENING OF
A MONEY MARKET ACCOUNT AND DESIGNATING SIGNATORIES
WHEREAS, the City of St. Louis Park has money market accounts for investing available
cash; and
WHEREAS, the addition of a new money market account at Northeast Bank would
provide a sound investment option for investing short-term cash;
NOW, THEREFORE, BE IT RESOLVED, by the St. Louis Park City Council:
Approval is hereby given to authorize the Controller to open a money market account at
Northeast Bank with the following bank signatories.
Northeast Bank Money Market
Brian Swanson*
Controller
Tom Harmening*
City Manager
Nancy Deno**
Deputy City Manager/HR Director
Steven Heintz **
Finance Supervisor
*Primary authority
**Secondary authority
Revi;-w or Administration:
Ii.
_111
Cit r. 7:er
Attest:
ity Clerk
Adopted by the City Council March 17, 2014
Mayo'