HomeMy WebLinkAbout2012-01-09-Resolutions 12-01_City Depositories - OfficialTHE CITY OF WAUKEE,IOWA
RESOLUTION 12-01
APPROVING THE NAMING OF OFFICIAL CITY DEPOSITORIES FOR YEAR 2012
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 Clerk and/or City Finance Director is authorized to deposit funds of the City of
Waukee,in amounts not to exceed the maximum approved fOTeach respective financial institution,as
set out below;AND:
I.Banker's Trust Company,Des Moines
2.First American Bank ofIowa
3.Wells Fargo
4.Earlham Savings Bank
5.Bank of the West
6.Community State Bank of Waukee
7.Waukee Charter Bank
8.First Federal Savings Bank ofIowa
9.Peoples Trust &Savings Bank
10.West Bank
$50,000,000
$50,000,000
$50,000,000
$50,000,000
$50,000,000
$50,000,000
$50,000,000
$50,000,000
$50,000,000
$50,000,000
WHEREAS,the City of Waukee believes that said banlcing institutions listed above are fine
institutions,are FDIC insured,and are in Conformance with all applicable provisions of the Code of
Iowa §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 till gth day of Jan y,2012.
ROLL CALL VOTE AYE NAY ABSENT ABSTAIN
Shane Blanchard X
Dan Dutcher X
Casey L.Harvey X
Shelly Hughes X
Mike Watts X