HomeMy WebLinkAbout2025-11-03 Resolution 2025-454_Official Depository, TemporaryTHE CITY OF WAUKEE, IOWA
RESOLUTION 2025-454
APPROVING TEMPORARY OFFICIAL CITY DEPOSITORY AND RESOLUTION OF
GOVERNING BODY FOR UBS FINANCIAL SERVICES INC
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA
WHEREAS, the City of Waukee, Iowa, is a duly organized municipality within Dallas County; AND,
WHEREAS, the Waukee City Council must designate official depositories annually; AND,
WHEREAS, pursuant to the City's investment policy, the City will keep all deposits and investments,
within an adjacent county area; AND,
WHEREAS, the City Finance Director is authorized to establish an account with UBS Financial
Services Inc. to be able to accept the marketable securities, as the named beneficiary of the Duane and
Doris Winters 1986 Trust; AND:
WHEREAS, the City of Waukee will be utilizing the UBS Financial Services for a limited time to
accept and liquify the marketable securities.
NOW THEREFORE BE IT RESOLVED that the City Council of Waukee, Iowa does hereby
approve UBS Financial Services Inc. as an official depository until June 30, 2026, and approve the
Resolution of Governing Body agreement, authorizing the City Administrator and Finance Director to
sign on behalf of the City, on this 3rd day of November, 2025.
Courtney Clarke, Mayor
Attest:
Gattkfret
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN
R. Charles Bottenberg X
Chris Crone X
Rob Grove X
Anna Bergman Pierce X
Ben Sinclair X