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R2007-78 AUTHORIZING POWER OF ATTORNEY
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R2007-78 AUTHORIZING POWER OF ATTORNEY
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Last modified
11/2/2015 8:46:33 AM
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11/2/2015 8:46:33 AM
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Resolution/Ordinance
Res Ord Num
R2007-78
Res Ord Title
AUTHORIZING POWER OF ATTORNEY UNITED STATES DEPARTMENT OF AGRICULTURE CITY FARM PROPERTIES MANAGEMENT - HICKORY POINT BANK AND TRUST
Approved Date
5/7/2007
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4 � <br /> DEPARTMENT OF WATER MANAGEMENT <br /> Memorandum No. 2007-07 <br /> April 9, 2007 <br /> TO: Honorable Mayor Osborne and City Council <br /> FROM: Steve Ga , City Manager <br /> John A. Smi , Assistant City Manager for Public Services <br /> Keith D. A1 ander, Director of Water Management � <br /> SUBJECT: U.S. Department of Agriculture Power of Attorney Form <br /> SUMMARY RECOMMENDATION: <br /> Council adopt the attached Resolution authorizing Power of Attorney to Hickory Point Bank& <br /> Trust Agricultural Services for U.S. Department of Agriculture programs. <br /> BACKGROUND: <br /> Approximately 10 years ago Council authorized Magna Bank Agricultural Services to manage , <br /> the City's farm properties at the DeWitt County water wellfield and Oakley Township sediment <br /> storage site at a cost of$1,500 annually. Through the years as Magna Bank merged with other <br /> banks, the Agricultural Services unit eventually became part of Hickary Point Bank & Trust <br /> about five years ago. This is the reason why the Power of Attorney request is for Hickory Point <br /> Bank and not Magna Bank. <br /> POTENTIAL OBJECTION: ' <br /> None foreseen. �I <br /> INPUT FROM OTHER SOURCES: <br /> Hickory Point Bank & Trust. <br /> STAFF REFERENCE: <br /> Keith D. Alexander, Director of Water Management, telephone 424-2863 <br /> e-mail kdalexander@decaturnet.org <br /> BUDGET/TIME IMPLICATIONS: <br /> None. <br /> Attach. 2 <br /> cc: Jim Schroeder, Hickory Point Bank &Trust <br />
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