winsted_city_council_work_session_agenda_december.pdf
4M Fund designated as official depository through 2026
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Description
Winsted named the 4M Fund of the League of Minnesota Cities as an official depository through December 31, 2026 and separately authorized 2025 investments through the fund. The 4M Fund will continue to hold and invest City cash balances within statutory guidelines.
Contract Details
Vendor
4M FUND - LEAGUE OF MINNESOTA CITIES
Agency
City of Winsted, MN
Contract Type
FINANCIAL_SERVICES
Document Date
December 16, 2025
Contract Term
Through December 31, 2026 as official depository; separate 2025 investment authority under item 2(k)
Renewal Date
2026-12-31
Renewal Info
Official depository status is effective through December 31, 2026; investment authority must be renewed annually via broker notifications and Council action.
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