HomeMy WebLinkAbout2015-01-05-Resolutions 15-003_City Depositories - OfficialTHE CITY OF WAUKEE,IOWA
RESOLUTION 15-003
APPROVING THK NAMING OF OFFICIAL CITY DEPOSITORIES FOR YEAR 2015
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF IVAUEEE,IO8M
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 for each respective financial institution,as
set out below:
I.Banker's Trust Company,Des Moines
2.First American Bank of Iowa
3.Wells Fargo
4.Earlham Savings Bar&
5.Bank of the West
6.Community State Bank of Waukee
7.Waukee Chaster Bank
8.First Federal Savings Bank of Iowa
9.Peoples Trust &Savings Bank
10.West Bank
11.Iowa Public Agency Investment Trust (IPAIT)
$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
$50,000,000;AND:
WHEREAS,the City of Waukee believes that said banking 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 BK IT RESOLVED that the City Council of Waukee,Iowa do hereby appoint
the above-mentioned institutions as official depositories this 5"'day of uary,2015.
illia F.Peard,M yor
Attest:
Rebecca D.Schuett,City Clerk
ROLL CALL VOTE
Shane Blanchard
Brian Harrison
Casey L.Harvey
Shelly Hughes
Rick Peterson
AYK
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NAY ABSENT ABSTAIN