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            <text>RESOLUTION&#13;
&#13;
RESOLVED, that City of “DANA utilize the services of Peoples&#13;
Trust &amp; Savings Bank ("Depository") for the deposit of public funds&#13;
belonging to Town of Grand Junction, Iowa, or coming into it possession,&#13;
pursuant to a duly executed Agreement to Receive and Repay Deposits -&#13;
of Public Funds. The maximum amount which may be thus deposited without&#13;
further approval of this Board and the Treasurer of State is $100,000.00.&#13;
&#13;
RESOLVED, that the following officers are hereby authorized and&#13;
directed to execute said Agreement, to execute and deliver signature&#13;
authorization cards to Depository concurrently therewith, and to ‘execute&#13;
all drafts, checks and other documents and correspondence regarding&#13;
any accounts of City of ~ Dana’ at Depository: Name,George Brabbs,,&#13;
office, Treasurer; term expires, December 31,99; ., George Brabbs, Town Clerk.&#13;
&#13;
RESOLVED, that the officers described above are hereby authorized&#13;
and directed to take such action, and execute such documents and agreements&#13;
as may be necessary to secure the repayment of the deposits of public&#13;
funds authorized hereunder, including, but not limited to: Security&#13;
Agreements, Bailment Agreements, Notices, and any documents or instruments&#13;
supplemental or incidental thereto.&#13;
&#13;
RESOLVED, that the Clerk forward a certified copy of this resolution&#13;
to Depository, and any other parties which may request it for purposes&#13;
of effectuating the deposit of public funds authorized hereunder or&#13;
any security therefor, together with a certificate attesting to the&#13;
names and signatures of the present incumbents of the offices described&#13;
above; and the the Clerk further certify. to Depository or other parties&#13;
from time to time the signatures of any successors in office of any&#13;
&#13;
of the present incumbents.&#13;
&#13;
CERTIFICATE&#13;
&#13;
I hereby certify that the foregoing is a true and correct copy&#13;
of a Resolution of the of Dana, Iowa, adopted at a meeting&#13;
of the Board of Directors duly called and held on the 17th day of July&#13;
1991, a quorum being present, as said Resolutin remains of record in&#13;
the minutes of said meeting, and it is now in full force and effect.&#13;
The Officers named in the foregoing resolutions have been duly&#13;
appointed and presently serve in their stated capacities for the terms&#13;
&#13;
indicated.&#13;
&#13;
Dated this 17th day of July 1994 &#13;
&#13;
(seal)&#13;
&#13;
clerk</text>
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