HomeMy WebLinkAbout2011-04-01/03/2011RESOLUTION NO. 2011-4
RESOLUTION NAMING DEPOSITORIES FOR THE CITY
OF WATERLOO, IOWA, AND RESCINDING RESOLUTION
NO. 2010-1 IN ITS ENTIRETY.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that we do hereby designate the following to be depositories of
the City of Waterloo, Iowa, funds in the amount not to exceed the
aggregate amount named for the said financial institutions as
follows, to wit:
Name of Depository
Bank Iowa
Community National Bank
Farmers State Bank
First Security State Bank
Iowa Public Agency Investment Trust
Liberty Bank, F.S.B.
MidwestOne Bank & Trust
Public Employees Credit Union
Regions Bank
US Bank
Veridian Credit Union
Wells Fargo Bank, N.A.
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Waterloo, IA
Waterloo, IA
Waterloo, IA
Evansdale, IA
Des Moines, IA
Waterloo, IA
Waterloo, IA
Waterloo, IA
Waterloo, IA
Waterloo, IA
Waterloo, IA
Waterloo, IA
Maximum Deposit
Under This
Resolution
$20,000,000
$20,000,000
$20,000,000
$ 2,000,000
$50,000,000
$20,000,000
$ 1,000,000
$ 250,000
$65,000,000
$10,000,000
$ 250,000
$45,000,000
BE IT FURTHER RESOLVED that Resolution No. 2010-1 be hereby
rescinded in its entirety.
PASSED AND ADOPTED this 3rd day of January, 2011.
Ernest G. Clark, Mayor
ATTEST:
Suzy S h res, CMC
City Clerk