Adopt Resolution #15-01-001 for 2015 Council Organization; Resolution #15-01-009 Designating Financial Institutions as Official Depositories of City Funds for 2015; Resolution #15-01-011 Designating Bank of the West as Official Financial Institution for the City of Ramsey Banking Services for the Year of 2015; and Resolution #15-01-010 Authorizing Signatures for Financial Transactions - This Case was moved from Consent 4.11 to Case 7.6

Purpose:  To adopt the annual resolution appointing Council Members to Committees, etc. as well as designating the City's Official Newspaper, renewing contracts with TimeSaver Off Site Recording Secretarial, Inc. and naming the firms the City will use for Legal Services.  The purpose is to also adopt the resolutions designating financial institutions as official depositories of City funds, authorizing signatures for financial transactions, and designating Bank of the West as Official Financial Institution for the City of Ramsey Banking Services for the year 2015.

Background:  The City Council met in work session earlier this evening and discussed the organizational resolution.  Staff received direction as to who would serve on which committee, designating the  City's official newspaper, naming the law firms the City will use for legal services, and approving the agreement with TimeSaver Off Site Recording Secretarial, Inc.  If any changes were made at the work session to the organizational resolution for Council appointment to Committees, the attached resolution will then be adopted, as amended by discussion at the work session, and staff will make those changes prior to executing the resolution.   

Resolution #15-01-001 for 2015 Council Organization is attached.

Each year the Council must designate certain institutions as official depositories of City funds.  A list of depositories is in Resolution #15-01-009 Designating Financial Institutions as Official Depositories of City Funds for 2015 - which is attached.  The Council also must designate an official financial institution.  Attached to this case is Resolution #15-01-011 Designating Bank of the West as Official Financial Institution for the City of Ramsey Banking Services for the Year of 2015.  The Council also authorizes annually two of its members, plus the City Administrator and certain members of staff to sign financial documents on behalf of the City.  Resolution #15-01-010 Authorizing Signatures for Financial Transactions is attached for review and adoption.




 

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Staff recommends adopting the attached resolutions.

Motion to adopt Resolution #14-01-001 for 2015 Council Organization - either as is - or as amended by discussion at the Council Work Session.

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Motion to adopt Resolution #14-01-009 Designating Financial Institutions as Official Depositories of City Funds for 2015

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Motion to adopt Resolution #14-01-011 Designating Bank of the West as official Financial Institution for the City of Ramsey Banking Services for the Year of 2015

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Motion to adopt Resolution #14-01-010 Authorizing Signatures for Financial Transactions