HomeMy WebLinkAboutResolution - 800 - Authorizing the Treasurer to Invest Funds - 01/08/1974 VILLAGE OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 800
A RESOLUTION AUTHORIZING THE TREASURER TO INVEST VILLAGE
OF EDEN PRAIRIE FUNDS IN THE FIRST NATIONAL BANK OF HOPKINS,
NORTHWESTERN NATIONAL BANK OF HOPKINS, FIRST NATIONAL BANK OF
MINNEAPOLIS, NORTHWESTERN NATIONAL BANK OF MINNEAPOLIS, CHANHASSEN
STATE BANK OF CHANHASSEN, GLEN LAKE STATE BANK OF MINNETONKA, FIRST
EDINA NATIONAL BANK, FIRST SOUTHDALE NATIONAL BANK OF EDINA AND
SOUTHWEST FIEDLITY STATE BANK OF EDINA, NORTHWESTERN NATIONAL BANK
SOUTHWEST IN:
CERTIFICATES OF DEPOSITS, U.S. GOVERNMENT NOTES AND BILLS,
STATE OF MINNESOTA NOTES, FEDERAL GOVERNMENT AGENCY BONDS
AND NOTES, REPURCHASE AGREEMENTS AS AUTHORIZED BY STATE STATUTE.
BE IT RESOLVED, by the Village Council of the Village of Eden Prairie,
County of Hennepin authorizing the Treasurer to invest Village of Eden Prairie
funds in the above banks in Certificates of Deposits, U.S. Government Notes
and Bills , State of Minnesota Notes , Federal Government Agency Bonds and Notes
and Repurchase Agreements as authorized by State Statute. The Village Treasurer
shall secure and maintain adequate security for funds deposited.
ADOPTED by the Village Council on this 8th day of January, 1974.
David W. Osterholt, Mayor
ATTEST:
SEAL
John' D. Frane, Clerk
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