HomeMy WebLinkAbout2005-01-03-Resolutions 05-06_City Depositories - OfficialTHE CITY OF WAUKEE,IOWA
RESOLUTION 05 -06
APPROVING THE NAMING OF OFFICIAL CITY DEPOSITORIES FOR YEAR 2004
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE,IOWA
1
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 Clerk and/or City Treasurer is authorized to deposit funds of the City of
Waukee,in amounts not to exceed the maximum approved for each respective financial
institution,as set out below;AND:
WHEREAS,the City of Waukee believes that Bauker's Trust Company,Waukee State Bauk,
Wells Fargo,Earlham Savings Bauk,Commercial Federal Bauk,Raccoon Valley State Bank,
Waukee Charter Bank,and Community Bank of Boone are fine institutions,are FDIC insured,
and are in Conformance with all applicable provisions of the Code ofIowa §452 and §453
(1983)as amended by 1984 Iowa acts,S.F.2000 and HF571 signed May 1999.
NOW THEREFORE BE IT RESOLVED that the City Council of Waukee,Iowa do hereby
appoint the above-mentioned institutions as official depositories 11·3rd ~2005.
Tony 0 erma ,Mayor
1.Banker's Trust Company,Des Moines
2.Waukee State Bauk
3.Wells Fargo
4.Earlham Savings Bauk
5.Commercial Federal Bank
6.Raccoon Valley Bauk
7.Waukee Charter Bank
8.Community Barile of Boone
A~1:'7 f\f])f);J Q~Jk::
Mark J.Arentsel~y Administrator/Clerk~
ROLL CALL VOTE AYE NAY
Donald L.Bailey X
Nick Gruber X
Darlene Stanton X
BillPeard X
JeffV.Mertz X
$10,000,000
$10,000,000
$10,000,000
$10,000,000
$10,000,000
$10,000,000
$10,000,000
$10,000,000
)
ABSENT