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HomeMy WebLinkAboutResolution No. 015-11 Q/5,// P_ RESOLUTION • BE IT RESOLVED, by the Common Council of the City of ochester, Minnesota, that the US Bank Rochester, Wells Fargo Bank Roches er, being designated as a depository for the funds of this corporation, and a y officer or other person hereinafter named is hereby authorized for and on behalf of the corporation to open or continue an account or accounts with said Banks and to execute and deliver to said Banks signature card or cards suppli d by said Banks containing specimen signature of officers or other persons hereinafter named and assenting to said Bank' s Rules and Regulations Gove ning Bank Accounts, and that any officer or other person hereinafter named is hereby authorized for an on behalf of this corporation to endorse or cause to be endorsed and to deposit or cause to be deposited in such account o accounts from time to time checks, drafts, and other instruments and funds ayable to or held by this corporation, commencing with the First day of Janu ry, 2011, and ending with the Thirty-first day of December, 2011. BE IT FURTHER RESOLVED, that The City Council does hereby aut orize the Treasurer of the City of Rochester, the authority to make investments of funds pursuant to Minnesota Statutes 118A.01 through 118A.06 or other applicable law, commencing with the First day of January, 2011, and endin with the Thirty-first day of December, 2011. BE IT FURTHER RESOLVED, that The City Council does hereby designate that all checks, drafts and other withdrawal orders against the City s General Account shall bear the facsimile signature of Ardell F. Brede, Ma or of the City of Rochester, and Dale R. Martinson, Treasurer of the City of Rochester and also designates that any and all other directions and instructi ns of any character with respect to funds of this. corporation now or hereaftei with said Banks may be signed by any one of the following: Dale R. Martinson, Treasurer Bruce W. Atkinson, Assistant Finance Director BE IT FURTHER RESOLVED, that The City Council does hereby designate that all checks, drafts and other withdrawal orders against Rochester Public Utilities account shall bear the facsimile signature of Ardell F. BiHe, Mayor of the City of Rochester, and Larry J. Koshire, General Manager o Rochester Public Utilities and also designates that any and all other directions and instructions of any character with respect to funds of Roches er Public Utilities now or hereafter with said Banks may be signed by any ne of the following: Larry J. Koshire, General Manager - Utilities 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 r BE IT FURTHER RESOLVED, that said Banks shall be entitled to rely upon, A certified copy of this resolution until written notice of modification or rescission has been furnished to and received by said Banks. • _ .or Adopted by the Common Council this 3rd day of January, 2011. • President of said Common Council Attest: City Clerk Approved this _TZy/ day of 2011. Mayor of said City (Seal of the City of Rochester, Minnesota) • s •