1970..
R SOLliT10 ?i0, 15d7
A RLSOLUTTON AUTHORIZING SETTING UP
. AN ACCOUNT WITH THE NOR HW=ERN
NATIONAL BANK OF HOPKINS.
- COR PORATE RrSOLUTION
i
I, HENRY POKORNY, do hereby certify that I am the MAYOR of the City
of Hopkins, Minnesota, a - :ur.icipal corporation organized and registered under
the laws Of the State of Minnesota, and that t f011O1 :' ng is a true, completu
and correct copy of a resolution adopted at a meeting of the Council of said
Municipal Corporation duly and properly called and held on the 1st day of December,
1970, that a quorum was present said .,,cet :h�7.t said resolution as set fart;r,
in the MinLtes of said meeting a.d cave not b.n rescinced or modified.
DEPOSITS
Resolved, that NORTHWESTERN NATIONAL BANK OF HOPKINS sometimes
called the Bank be and' is hereby designated as a depository for the funds of this
corporation and any officer of this corporation is hereby authorized to open or
cause to be opened an account or accounts with said Bank on such terms, conditions
and agreements as shall be required by said Bank, to endorse or cause to be endorsed,
in the name of this corporation and to cash, to negotiate or to deposit or cause to
be deposited in such account or accounts any money, checks, drafts, orders, notes
and other instruments for t,-.e payment of money and to make any other agreements
deemed advisable in regard thereto.
'Resolved further, that checks, drafts or other withdrawal orders issued against
the funds of this corporation on deposit with said Bank may be signed actually or
by use of a facsimile signature by one (1) of the following: MAYOR, CITY MANAGER,
OR CITY CLERK;'and said Bank is hereby fully authorized to pay and charge to the
account of this corporation any checks, drafts or other withdrawal orders, so signed,
including those payable to the individual order of the person signing the same and
including also checks or other withdrawal orders payable to the said Bank or any -
other person or corporation which are applied in payment of any indebtedness owing
to said Bank from the person or persons who signed such checks or other withdrawal
orders.
OTHER SERVICES
Resolved further, that said officers are authorized and empowered, on behalf
of this corporation, to transact any a.d all other business with and through said
• Bank which at any time(s) may be deemed by the said officer(s) and /or other person(s)
transacting the sane to be advisable, including, without limiting the generality
of the foregoing, authority to purchase negotiable certificates of deposit and to
enter into safe deposit agreements, lock -box agreements, freight payment service
agreements, payroll service agreements and other electronic data processing service
agreements offered by said Bank and, in reference to any of the business or trans-
actions whenever.referred to, to make, enter into, execute and deliver to said Bank
such agreements, contracts and other documents as may be deemed by the officer(s)
and /or other person(s) so executing to be necessary or desirable.
FURTHER PROVISIONS
Resolved further, that this resolution shall continue in force until express
written notice of its rescission. c, ,. cation has been furnished to and received
by said ,Bank.
Resolved further, that all transactions, if any, in respect to any deposits,
withdrawals, rediscounts and , .u_rc, ;-_:c-s or in behalf of this corporation with
said Sank prior to the adoption of this resolution be and the same hereby are in
all things ratified, approved and conf;: -_e_.
to
Resolved further, chat 2cr�_t: �h c e11 erti`y /said Bann the names of the
present duly elactcc ..nd cu.:= u. •, u;:d oveos of this corporatio^. : iio
re nut :prized h: o:. _ _... co_ s accordance with .._ -
going resolutions and .:;,a11 _::.e �_u t. e he-Lafter, as changes in the perso
Of said officers and employees are Lade, immeciately certify such changes to the
Ba „ri, and said .,a:ik small be luily ,.':,tcCted in relying on such certifications of
:C._� „ y aI'd _" "aJ_ be _,_de:: :ni`.,.c,d a-:c' sa ad :a .c es f-,om an.
less or da:ege._esoltinZ ro or growing oat of k:onoring the signature
of any officer or employee so certified, or refusing to honer any sie:eature not
so certified.
• I furt'ner certify that the Board of Directors of this corporation has, and a..
the time of adoption of said resolution had, full power 2nd lac;fui au.;oriy to
acopt the foregoing resolutio:s and to confer the powers thi2rein sr ::ted to
t
persons nanad who have full power an- lawful authority to exercise the 5a - , - Q .
`t • 1 .er certify tiat the officers w`:ose names appear on the reverse side of
this resolution have been duly elected to and now hold the offices in this corpora -
tion set opposite their respective na:::es, anc that the signatures - appearing opposite
their ..amts are the authentic, o__iciai s of the said respective o
and of the named signatories who are not corporate officers.
�. _..ASS cave :.Br2L;II t0 SCb SC rib_d -:'S
zw= e and affixed the seal of this corporation
this day, of 19
i
Henry Pokorny, Xayor
Councilman
SEAL
•
0