HomeMy WebLinkAboutIV.B - Resolution - Banking SignatoriesThis instrument drafted by: City of Hastings 101 East 4th Street
Hastings, MN 55033
CITY OF HASTINGS
DAKOTA COUNTY, MINNESOTA
HEDRA RESOLUTION NO. 2025-01
A RESOLUTION OF THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY
(HEDRA) AUTHORIZING INDIVIDUALS AS DESIGNATED SIGNATORIES FOR PURPOSES OF AUTHORIZED
BANKING TRANSACTIONS
WHEREAS, HEDRA conducts many banking transactions throughout the year with a variety of
financial institutions; and
WHEREAS, most of these financial institutions require written notification as to the authorized
signatories for HEDRA; and
WHEREAS, Minnesota Statute 469.096 requires that all checks be signed by the Treasurer and at
least one other office named by HEDRA and that the check must state the name of the payee and the
nature of the claim that the check is issued for; and
WHEREAS, HEDRA designates the following as authorized signatories for authorized banking
transactions:
HEDRA President _____________
HEDRA Vice President ____________
HEDRA Treasurer ____________
HEDRA Assistant Treasurer Chris Eitemiller
HEDRA Secretary Alex Menke
NOW THEREFORE BE IT RESOLVED, that in the absence of the Treasurer, the Assistant Treasurer
would be authorized to sign in place of the Treasurer. The Secretary would be authorized to sign unless
the checks are signed by the Assistant Treasurer.
ADOPTED BY THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY
THIS 9th DAY OF JANUARY 2025.
___________________________________
, President
_____________________________
Alex Menke, Secretary