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HomeMy WebLinkAboutResolution 2013-38 - Authorizing Signatory PowerCity of Corcoran County of Hennepin State of Minnesota RESOLUTION NO. 2013 -38 Motion By: Thomas Seconded By: Asleson August 29, 2013 A RESOLUTION AUTHORIZING SIGNATORY POWER FOR CERTAIN CITY OFFICIALS CONDUCTING BUSINESS WITH APPROVED BANKING INSTITUTIONS ON BEHALF OF THE CITY OF CORCORAN WHEREAS, it is a requirement of some banking institutions of which the city is conducting business with to receive a copy of an approved City Council Resolution authorizing certain officials of the City of Corcoran, MN. as permitted signers for transactions related to banking; THEREFORE, BE IT RESOLVED As permitted under MN SS 412.271, the City hereby approves only the Mayor, Vice Mayor and City Administrator as the City's signatory representatives with: • Farmers State Bank of Hamel Bank West 21St Century Bank for the City. VOTING AYE ® Guenthner, Ken ® Asleson, Rich ® Cossette, Tom ❑ Lynch, Diane ® Thomas, Ron Guenthner, Ken Asleson, Rich Cossette, Tom Lynch, Diane Thomas, Ron Whereupon, said Resolution is hereby declared adopted on this 29th day of August 2013. Kenneth Guenthner - Mayor A- TEST: City Seal .beanie Heinecke — City Clerk Page i of 1