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LJ <br />• <br />CITY'.'of O <br />RESOLUTION OF THE CITY COUNCIL <br />NO. 164,35 <br />relied on by Treasury pursuant to the authority granted herein to its receipt of such written notice <br />shall be frilly and conclusively binding on this municipality. <br />FURTHER RESOLVED, that the actions of any officer of this municipality heretofore <br />taken in opening an investment account with Treasury and in the investment of municipality <br />funds through such account, be, and the same hereby are in all respects, ratified, confirmed, and <br />approved. <br />FURTHER RESOLVED, that all prior resolutions of this municipality authorizing the <br />opening of an investment account with Treasury and the investment of municipality funds <br />through such account, be, and the same hereby are, rescinded and superseded as to all such <br />transactions with respect thereto effected after the date of adoption of these resolutions. <br />Adopted by the City Council of the City of Orono, Minnesota, at a •regular meeting held <br />February 27, 2006. <br />ATTEST: <br />Linda S. Vee, City Cleric <br />Barbara A. Peterson, Mayor <br />Page 2 of 2 <br />