HomeMy WebLinkAbout2006-01-01/04/2006 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
street, Waterloo, Iowa.
= = RESOLUTION NO. 2006-1
RESOLUTION NAMING DEPOSITORIES FOR THE CITY
OF WATERLOO, IOWA.
BE IT HEREBY RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO,
±OWA, that we do hereby designate the following to be depositories
af the City of Waterloo, Iowa, funds in the amount not to exceed
the aggregate amount named for the said financial institutions as
; ollows, to wit:
Maximum Deposit
Under This
Name of Depository Location Resolution
'-US Bank Waterloo, IA $50, 000, 000
_Iowa Public Agency Investment Trust Des Moines, IA $50, 000, 000
Regions Bank Waterloo, IA $55, 000, 000
:Wells Fargo Bank, N.A. Waterloo, IA $40, 000, 000
=Bank Iowa Waterloo, IA $40, 000, 000
-.Community National Bank Waterloo, IA $40, 000, 000
11idwestOne Bank & Trust Waterloo, IA $ 500, 000
-,Veridian Credit Union Waterloo, IA $ 100, 000
Public Employees Credit Union Waterloo, IA $ 100, 000
'First Security State Bank Evansdale, IA $ 1, 000, 000
BE IT FURTHER RESOLVED that Resolution No. 2005-10 and
Resolution No. 2005-966 be hereby rescinded in their entirety.
PASSED AND ADOPTED this 4th day of January, 2006.
Tim Hurley, M or
ATTEST:
Nanc r Eck t, CMC
City Cler