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2020-44RESOLUTION NO. 2020-44 COUNCIL MEMBER HALL INTRODUCED THE FOLLOWING RESOLUTION: BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA, THAT Washington County Bank and Two Rivers State Bank are hereby designated as depositories for City Funds. BE IT FURTHER RESOLVED THAT the Mayor of the City together with either the City Clerk or the City Treasurer are hereby authorized to sign checks, drafts, or other withdrawal orders, issued against the funds of the City of Blair on deposit with Washington County Bank and Two Rivers State Bank or for the investment of excess funds. BE IT FURTHER RESOLVED THAT the City shall require all funds deposited in said depositories be fully collateralized at all time at a minimum of One Hundred per cent (100%) as required by Nebraska Statutes COUNCIL MEMBER HALL MOVED THAT THE RESOLUTION BE ADOPTED AS READ, WHICH SAID MOTION WAS SECONDED BY COUNCIL MEMBER SHEPARD. UPON ROLL CALL, COUNCIL MEMBERS JENSEN, HALL, SCHANK, WOLFF, WILLIS, RUMP, STEWART AND SHEPARD VOTING "AYE" AND COUNCIL MEMBERS NONE VOTING "NAY", THE MAYOR DECLARED THE FOREGOING RESOLUTION PASSED AND APPROVED THIS 8TH DAY OF DECEMBER, 2020. CITY OF BLAIR, NEBRASKA BY ATTEST: RICHARD HANSEN, MAYOR STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) BRENDAWHEELER, hereby certifies that she is the duly appointed, qualified and acting City Clerk of the City of Blair, Nebraska, and that the above and foregoing Resolution was passed and adopted at a regular meeting of the Mayor and City Council of said City, held on the 8th day of December, 2020. BRENDA WHEELER, CITY CLERK