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2024-01CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: January 8, 2024 RESOLUTION NO: 2024-01 MOTION BY: McDonald SECONDED BY: Kimber RESOLUTION DELEGATING AUTHORITY TO MAKE ELECTRONIC FUNDS TRANSFERS WHEREAS, in accordance with Minnesota Statue 471.38, the City Council shall delegate authority to the City’s Finance Director to make electronic funds transfers; and WHEREAS, the disbursing bank will receive a copy of the annual delegation of authority; and WHEREAS, the documentation of each electronic funds transfer will include the identification of the initiator, evidence of approval by an authorized party, electronic or written confirmation of each transaction within one business day; and WHEREAS, electronic disbursement payments shall be processed through the accounts payable procedures; and WHEREAS, all electronic transfer transactions shall be included in council packets provided to the city council. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen, Minnesota, as follows: The City Council delegates authority to the City's Finance Director to make electronic funds transfers for the current year, effective until the first organizational meeting in 2025. PASSED AND ADOPTED by the Chanhassen City Council on this 8th day of January 2024. ATTEST: Kim Meuwissen, City Clerk Elise Ryan, Mayor YES NO ABSENT Ryan McDonald Schubert von Oven Kimber DocuSign Envelope ID: B6A40645-2566-4303-B79D-A73348689EFD