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HomeMy WebLinkAbout1977-010 CCR Member Tony Kuefler introduced the following resolution and moved its adoption: RESOLUTION NO. 77 -10 RESOLUTION DESIGNATING THE HOME FEDERAL SAVINGS AND LOAN ASSOCIATION A DEPOSITORY OF CITY FUNDS BE IT RESOLVED by the City Council of the City of Brooklyn Center that the Home Federal Savings and Loan Association be and is hereby designated as a depository for the funds of the City of Brooklyn Center, Minnesota. The City Treasurer is authorized to deposit City funds therein to the extent that repayment is guaranteed by the Federal Savings and Loan Insurance Corporation. BE IT FURTHER RESOLVED that the persons generally authorized by the City Charter to act for the City in any of its business with the association are any persons holding office from time to time as City Manager and City Treasurer. BE IT FURTHER RESOLVED that the City Manager is Donald G. Poss, and the City Treasurer is Paul W. Holmlund. Tanuary 3, 1977 GG Date Mayor ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Gene Lhotka and upon vote being taken thereon, the following voted in favor thereof: Philip Cohen, Maurice Britts, Tony Kuefler, Bill Fignar, and Gene Lhotka; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.