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2007-12 . . . CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: Februarv 12.. 2007 RESOLUTION NO: 2007-12 MOTION BY: Tiornhom SECONDED BY: Litsev RESOLUTION AUTHORIZING MEMBERSHIP IN THE 4M FUND WHEREAS, Minnesota Statutes (the Joint Powers Act) provides that governmental units may jointly exercise any power common to the contracting parties; and WHEREAS, the Minnesota Municipal Money Market Fund (the 4M Fund) was formed in 1987, pursuant to the Joint Powers Act and in accordance with Minnesota Investment Statutes, by the adoption of a joint powers agreement in the form of a Declaration of Trust; and WHEREAS, the Declaration of Trust, which has been presented to this council, authorizes municipalities of the State of Minnesota to become Participants of the Fund, to include the Fixed Rate Program; and WHEREAS, this Council deems it advisable for this municipality to enter into the Declaration of Trust and become a Participant of the Fund for the purpose of joint investment with other municipalities so as to enhance the investment earnings accruing to each. NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: Section 1. This municipality shall become a Participant of the Fund and adopt and enter into the Declaration of Trust, a copy of which shall be filed in the minutes of this meeting. The appropriate officials are hereby authorized to execute those documents necessary to effectuate entry into the Declaration of Trust. Section 2. This municipality is authorized to invest monies from time to time and to withdraw such monies from time to time in accordance with the provisions of the Declaration of Trust. The following officers of the municipality are designated as "Authorized Officials" with authority to effectuate investments and withdrawals in accordance with the Declaration of Trust: Greg Sticha, Finance Director Signature:!J- ~ Signature:--!f~ v6~ Todd Gerhardt, City Manager (Additional names may be added on a separate list. The treasurer shall advise the Fund of any changes in Authorized Officials in accordance with Fund procedures.) Section 3. The Trustees of the Fund are designated as having official custody of those monies invested in accordance with the Declaration of Trust. . . . Section 4. State banks, national banks, and thrift institutions which qualify as depositories under Minnesota law and are included on a list approved and maintained for such purpose by the Investment Advisor of the Fund are hereby designated as depositories of this municipality. Passed and adopted by the Chanhassen City Council this 27th day of February, 2007. ATTEST: JJJ YES NO ABSENT Furlong Ernst Litsey Peterson Tjomhom None None FORM B . 4M Fund REGISTRATION F-ORM I. BASIC INFORMATION Name of City, County, Town, Public Authority, Public Corporation, Public Commission, Special District, or Instrumentality (hereinafter the "municipality"). Name of Municipality City of Chanhassen Address 7700 Market Boulevard P.o. Box 147 City/State and Zip Code Chanhassen, MN 55317 .ttention To (for monthly reports): Greg Sticha Ttile: Finance Director Phone Number: 952-227-1149 Fax Number: 952-227-1110 Federal Id Number: 41-0885331 E-Mail Address:gsticha@ci.chanhassen.mn.us 4M account names to be established: (i.e. General Fund, Building Fund, etc.) 4M PLUS account names to be established: (i.e. General PLUS Fund, Sewer Fund, etc.) None Note: All completed forms and documents contained in this booklet should be mailed to the Fund's Sub- ~dministrator at the following address: MBIA Municipal Investors Service Corp. I 13 King Street, Armonk, ,-ew York 10504 atln: Client Services. 4 . WITHDRAWAL INFORMATION AND AUTHORIZATION Authorization is hereby given for the Fund to honor any request, believed by it to be authentic, for the withdrawal, in whole or in part, of the monies of (insert name of the municipality)Citiy/o:B.~(;~ffom the Fund. Unless withdrawn by means of the check writing privilege afforded to Participants of the Fund, monies of the municipality withdrawn from the Fund shall be wire transferred by the Fund only to the bank accounts of the municipality listed below: Bank Name Americana Community Bank Account Number 609495 ABA # 091901969 Bank Address 600 Market Street, Suite 100, Chanhassen, MN 55317 Telephone Number 952-230-9720 Contact Name Vanessa Schmidt * See attached Wire Instructions _ank Name Account Number ABA # Bank Address Telephone Number Contact Name Bank Name Account Number ABA # Bank Address Telephone Number Contact Name ~ote: All completed forms and documents contained in this booklet should be mailed to the Fund's Sub- .dministrator at the following address: MBIA Municipal Investors Service Corp. 113 King Street, Armonk, New York 10504 attn: Client Services. 5 .. CHECK WRITING OPTION The municipality, (in~name of the municipalityfity of Chanha~\VO;hes to use the optional check writing service: Yes~(circle one) If yes, a 4M Fund representative will contact the municipality with further instructions. Federal Identification Number: IV. INFORMATION STATEMENT AND DECLARATION OF TRUST It is hereby certified that the municipality has received a copy of the Information Statement of the Fund and the Declaration of Trust creating the Fund, and agrees to be bound by the term of such documents. V. EFFECTIVENESS OF REGISTRATION FORM The information, certifications, and authorizations set forth on this Registration Form shall remain in full force and effect until the fund receives written notification of a change. VI. AUTHORIZED SIGNATURES The Registration Form must be signed by the council president (chair) and the clerk/treasurer of the municipality in order for the municipality to become a Participant of the Fund. . ltmBs A. Fur lcng Date 2- - /.5-01- Typed Name of Clerk/Treasurer Signature ~ ~ Greg Sticha Date ~-IJ.-tJ( Note: All completed forms and documents contained in this booklet should be mailed to the Fund's Sub- Administrator at the following address: MBIA Municipal Investors Service Corp. 113 King Street, Armonk, New York 10504 attn: Client Services. . 6 . Americana Wire Instructions Checking account Americana Community Bank Chanhassen MN RT# 091901969 Account Name: City of Chanhassen Acct # 609495 . .