HomeMy WebLinkAboutResolution - 2021-03 - Authorizing Treasurer or Deputy to Invest City Funds - 01/05/2021CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2021-03
A RESOLUTION AUTHORIZING THE TREASURER OR DEPUTY TREASURER TO
INVEST CITY OF EDEN PRAIRIE FUNDS
BE IT RESOLVED, by the City Council of the City of Eden Prairie, County of Hennepin,
that the City Treasurer or Deputy Treasurer is authorized to invest City of Eden Prairie funds with
any bank, or other financial institution authorized to do business in the State of Minnesota in
Certificates of Deposit, U.S. Government Notes and Bills, obligations of the State of Minnesota or
any of its subdivisions, Federal Government Agency Bonds and Notes, Saving Accounts and
Repurchase Agreements and any other security authorized by law. The City Treasurer shall
maintain adequate collateral for funds deposited.
ADOPTED by the City Council of the City of Eden Prairie on this 5th day of January 2021.
Ronald A. Case, Mayor
ATTEST: