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HomeMy WebLinkAboutCC Res 6171 2011-08-08RESOLUTION NUMBER 6171 A RESOLUTION OF THE SEAL BEACH CITY COUNCIL PROVIDING AUTHORIZATION TO SIGN DEMANDS AND CHECKS FOR THE WITHDRAWAL OF FUNDS ON DEPOSIT WITH THE BANK OF AMERICA, AUTHORIZING ALTERNATE SIGNATURES, AUTHORIZING THE CITY MANGER, OR DESIGNEE, TO ACT AS AGENT FOR THE CITY TO CLAIM UNCLAIMED PROPERTY, AND RESCINDING RESOLUTION NUMBER 6098 WHEREAS, there are certain funds of the City of Seal Beach on deposit with the Bank of America; and WHEREAS, it is desirable to protect the funds of the City of Seal Beach from unauthorized disbursement through the use of fraudulent signatures; and WHEREAS, Michael P. Levitt is the duly elected Mayor of the City of Seal Beach, Jill R. Ingram is the duly appointed City Manager, and Linda Devine is the duly elected City Clerk of the City of Seal Beach; and NOW, THEREFORE, THE SEAL BEACH CITY COUNCIL DOES HEREBY RESOLVE: Section 1. All demands, checks and drafts of the City of Seal Beach require two authorized signatures. Section 2. That the signature of Michael P. Levitt, Jill R. Ingram, and Linda Devine are the authorized signatures required on demands, checks, and drafts of the City of Seal Beach addressed to the Bank of America authorizing the withdrawal of funds of the City of Seal Beach on deposit with said bank, and said persons are authorized and directed to sign such documents and signature cards as may be required by said bank in order that said bank is authorized to honor demands and checks and drafts of the City of Seal Beach for the withdrawal of funds on deposit in said bank. Section 3. That in lieu of two personal signatures appearing upon any demand, check, or draft for the City of Seal Beach, a facsimile signature plate may be utilized bearing the reproduction of two of the appropriate signatures herein before authorized. Section 4. That Jill R. Ingram, or her designee, shall act as the authorized agent to claim "unclaimed property" on behalf of the City of Seal Beach. Section 5. Resolution No. 6098 is hereby. rescinded. Section 6. The City Clerk Shall certify to the passage and adoption of this resolution and is authorized and directed to deliver to said Bank of America, a certified copy thereof. BE IT FURTHER RESOLVED THAT during periods of extended absence incurred by Jill R. Ingram the signature of Linda Devine, City Clerk, shall be authorized to appear on the instruments described above. 1 1 Resolution Number 6171 PASSED, APPROVED and ADOPTED by the Seal Beach City Council at a regular meeting held on the 8th day of August , 2011 by the following vote: AYES: NOES: ABSENT: ABSTAIN: Council Members Council Members d Council Members Council Members q 1(61 ///, Mayor STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } I, Linda Devine, City Clerk of the City of Seal Beach, do hereby certify that the foregoing resolution is the original copy of Resolution Number 6171 on file in the office of the City Clerk, passed, approved, and adopted by the Seal Beach City Council at a regular meeting held on the 8th day of August , 2011. City Clerk 1