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• CITY4 ORONP RESOLUTION OF T� I4 3 YY COUNCIL NO. i Ft A RESOLUTION TO DESIGNATE THOSE OFFICERS OF THE CITY OF ORONO AUTHORIZED FOR INVESTING AND SAFEKEEPING OF CITY FUNDS WITH U.S. BANK, N.A. BE IT RESOLVED, that any one-uf the officers of this municipality designated below: City Administrator Treasurer/Finance Director Deputy Treasurer/Assistant Finance Director are authorized, on behalf of and in the name of this municipality, (a) to direct, orally or in writing or electronically or through any other medium agreed to by said officer(s) and the Corporate Treasury Division of U.S. Bank N.A. ("Treasury"), the opening of an investment account and the investment of municipal funds in securities and/or time deposits with and/or through Treasury through such account; (b) to execute, on behalf of the municipality, contracts or agreements in connection with such investment account in the usual form provided by Treasury for such accounts generally; (c) to receive in respect of said Investment account confirmations, receipts, notices, demands, reports, and communications of any kind; (d) to receive in respect of said investment account money, securities, time deposits, and property of every kind, and to dispose of same; (e) to endorse and deliver for deposit, negotiation, transfer, pledge, or sale, and to identify or guarantee signatures or endorsements on, notes, certificates of deposit, checks, and securities of all kinds, either belonging to or coming into the possession of the municipality; and (f) to authorize, orally or in writing or through any other medium agreed to by said officer(s) and Treasury, the debiting and/or crediting by Treasury of .this municipality's deposit account(s) at any financial institution for the purpose of effecting such transaction. FURTHER RESOLVED, that the City Clerk of this municipality is authorized and directed to certify to Treasury the foregoing resolutions and that the provisions thereof are in conformity with the Articles and Bylaws of this municipality and to certify to Treasury the names of the persons now holding the offices referred to above and any changes hereafter in the persons holding said offices together with specimens of the signature of such present and future officers. FURTHER RESOLVED, that the authority granted to the officers of this municipality • shall continue in full force and effect, and Treasury may rely thereon in dealing with such officers, unless and until written notice of any change in or revocation of such authority shall be delivered to Treasury by an officer of this municipality, and any action taken by said officers and Page 1 of 2