1953-232rwl
RESOLUTION NO.. - 23.2
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RESOLtT2'TQN . ACCEPTING ADDITIONAL COLLATERAL
FROM NORTHWESTERN NATIONAL BANK OF BLOOMINGTON-
RICHFIELD
WHEREAS, Northwestern National Bank of Bloomington-
'
Richfield has oft�ered to deposit additional" collateral in
G
ATTEST t
re . Rill er
Mayor
gar; Pa H. H gen
'` .. Clerk
Le ,o r ..on
Manager
psi" -
s'
s
RESOLUTION NO.. - 23.2
RESOLtT2'TQN . ACCEPTING ADDITIONAL COLLATERAL
FROM NORTHWESTERN NATIONAL BANK OF BLOOMINGTON-
RICHFIELD
WHEREAS, Northwestern National Bank of Bloomington-
'
Richfield has oft�ered to deposit additional" collateral in
J
the -amount of $100 .,000,.00 whidh era 11 amount: to' a tfltAl of
'
$220,000.00 of- collateral desposited.and,
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WHEREAS, they Village .Oounci l of the vi �, age of
Richfield has determined that collateral of $220,000.00
is` sufficient for deposits made or to be made in the
Northwestern.National Bank of Bloomington - Richfield.
NOW THEREFORE,-BE IT RESOLVED THE VILLAGE. COUNCIL
OF THE VILLAGE OF RICHFIELD, MINNESOTA:
That U. S. Certificates of Indebtedness - Series _E -54,
due September 15, 1954, 0100000.00 be approved
and accepted as additional collateral from the Northwestern
Bank of Bloomington - Richfield.
— -- - Adopted by the Village Council this 9th day of
November 1953.
ATTEST t
re . Rill er
Mayor
gar; Pa H. H gen
'` .. Clerk
Le ,o r ..on
Manager
psi" -
s'
s