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5.e Resolution No. 2020-01 Designating Depositories for 2020 CITY OF SCANDIA RESOLUTION NO. 2020-01 RESOLUTION DESIGNATING OFFICIAL DEPOSITORIES FOR 2020 WHEREAS, State Statutes require that the City designate depositories for City monies; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCANDIA, WASHINGTON COUNTY, MINNESOTA, that it should and hereby does designate the following as official depositories for the City of Scandia for 2020: Security State Bank of Marine Midwest One Bank 4M Fund of the League of Minnesota Cities Adopted by the Scandia City Council this 21st day of January, 2020. ________________________________ Christine Maefsky, Mayor ATTEST: ___________________________________ Kenneth Cammilleri, Administrator/Clerk