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5. EDA 2022-01 Designating Bank Signatories for 2022 CITY OF SCANDIA EDA RESOLUTION NO. 2022-01 RESOLUTION TO CHANGE AUTORIZED SIGNATORIES FOR THE CITY OF SCANDIA ECONOMIC DEVELOPMENT AUTHORITY BANK ACCOUNT AND RELATED CHECKS WHEREAS, the City of Scandia has funds held by Security State Bank of Marine; and WHEREAS, the authorized persons listed for the City of Scandia Economic Development Authority account required updating based on the appointment of a new EDA President; and WHEREAS, the following persons are hereby authorized to sign/execute the terms and conditions as outlined in the Bank’s Entity Authorization and Account Agreement; EDA Checking Account 280946301 Greg Amundson EDA President Heather Benson EDA Vice President Kenneth Cammilleri City Administrator Brenda Eklund City Clerk Colleen Firkus City Treasurer 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 above as authorized signatories for the City of Scandia Economic Development Authority for 2022: Adopted by the Board of Commissioners this 14th day of February, 2022. ________________________________ Greg Amundson, President EDA ATTEST: ___________________________________ Kenneth Cammilleri, City Administrator