HomeMy WebLinkAboutResolution No. 011-14�k � ■ 1 _� � Cam__ ,LI J ��
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• RESOLUTION '
BE IT RESOLVED by the Common Council of the City of Rochester that the City
authorizes any officer or other person hereinafter named: (a) to open or continue an account
with US Bank Rochester or Wells Fargo Bank Rochester; (b) to execute and deliver to these
financial institutions a signature card containing a specimen signature of officers or other
persons hereinafter named; (c) to consent to the financial institution's ules and regulations
governing bank accounts; and (d) to endorse and to deposit in such accou t checks, drafts, and
other instruments and funds payable to or held by the City for the term be inning on January 1,
2014, and ending on December 31, 2014.
BE IT FURTHER RESOLVED that the Common Council authorize the City's Treasurer
and his/her designee to make investments of funds pursuant to Minnes to Statutes, Section
118A.01 through 118A.06 or other applicable law, and the City's investme t policy duly adopted
and amended by the Common Council, for the term beginning on January 1, 2014, and ending
on December 31, 2014.
BE IT FURTHER RESOLVED that the Common Council design tes that all checks,
drafts, and other withdrawal orders against the City's general account shall bear the facsimile
signature of Ardell F. Brede, Mayor of the City of Rochester, and Dale R. M rtinson, Treasurer of
the City of Rochester, and designates that any and all other directi ns and instructions
•concerning the handling of City funds may be signed by any one of the follo ing:
Dale R. Martinson, Treasurer/Director of Finance
Cary McNallan, Assistant Finance Director
Rachel Houdek, Principal Financial Analyst
Loren Stensgard, General Accountant (payroll only)
Katie Mosher, General Accountant (payroll only) , d
BE IT FURTHER RESOLVED that the Common Council designates that all checks,
drafts, and other withdrawal orders against Rochester Public Utilities a IT,
shall bear the
facsimile signature of Ardell F. Brede, Mayor of the City of Rochester, nd Larry J. Koshire,
General Manager of Rochester Public Utilities, and also designates th t any and all other
directions and instructions concerning the handling of Rochester Public Utilities funds may be
signed by any one of the following:
Larry J. Koshire, General Manager— Utilities or designated replacement
Susan W. Parker, Director of Corporate Services
Brian J. Blom, Manager of Finance and Accounting
Tina M. Livingston, General Accountant
Judith E. Anderson, Senior Financial Analyst
BE IT FURTHER RESOLVED that the financial institutions shall be ntitled to rely upon a
certified copy of this resolution unless they receive written notice of modification or rescission.
• PASSED AND ADOPTED BY THE COMMON COUNCIL OF HE'CITY OF
ROCHESTER, MINNESOTA, THIS DAY OF VA , 2014.
PRESIDENT F SAID COMMON COUNCIL
ATTEST: _
CIT C RK
APPROVED THIS DAY OF Q , 2014.
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MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
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