Title
Action on Resolution 23-001, a Resolution designating the depositories for municipal funds.
Body
Summary:
Pursuant to SDCL 9-22-6, “Designation of depositories of municipal funds,” the governing body shall designate the depository or depositories in which the funds belonging to the municipality shall be deposited. Such depository or depositories shall be a bank or banks within the State of South Dakota, unless otherwise specifically provided by law.
Recommendation
Recommendation:
Staff recommends approval.
Body2
Attachments:
Resolution