HomeMy Public PortalAboutR0071 R E S O L U T I O N NO. 71
WHEREAS, by Section 7.080 of the Plan of the District,
the Board of Trustees of The Metropolitan St. Louis Sewer District
is directed to select annually one or more banks or trust
companies situated within the District for the deposit of all
funds of the District and any Subdistrict.
NOW, THEREFORE, BE IT RESOLVED that the following banks
and trust companies be and the same are hereby selected as
depositories for the deposit of funds of the District and all
Subdistricts for the Fiscal Year 1956-1957 for the several funds
and accounts of the District:
First National Bank in St. Louis
The St. Louis County National Bank,
Clayton Bank of St. Louis
The Boatmen's National Bank
The First National Bank of Clayton
The Manchester Bank of St. Louis,
and
BE IT FURTHER RESOLVED that Principal and Interest
Funds for all bond issues sold during the next Fiscal Year shall
be deposited in a bank selected by the purchasers of the bonds and
approved by the Board of Trustees of the District, and
BE IT FURTHER RESOLVED that the approval of the Board
of Trustees shall be secured by the Secretary-Treasurer prior to
the transfer of funds from one depository to another depository.
The foregoing Resolution was adopted July 2, 1956.