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HomeMy WebLinkAboutCC Res 5013 2002-05-28 RESOLUTION NUMBER ~:; A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIFORNIA, PROVIDING AUTHORIZATION TO SIGN DEMANDS AND CHECKS FOR THE WlTHDRAWAL OF FUNDS ON DEPOSIT WITH THE BANK OF AMERICA, AUTHORIZING ALTERNATE SIGNATURES, AND RESCINDING RESOLUTION NUMBER 4902 I 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, John .Larson is the duly selected Mayor of the City of Seal Beach, John B. . . .Ba'nor&ki is the duly appointed City Manager, and Pamela Arends-King is ., . the duly' appointed Finance Officer and City Treasurer of the City of Seal \ '. 'B' h d ,,' \1'/" . _ eac. ; an.';/" .:.'~ r,~ ~ .~\~. WHEREAS, It'is.d~~le to appoint an alternate signatory for the City's Financial Officers during periods of concurrent absence. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: All demands, checks and drafts ofthe City of Seal Beach require two authorized signatures. I Section 1. Section 2. That the signature of John Larson, John Bahorski, and Pamela Arends-King are the authorized signatures required on demands, checks and drafts of the City of Sea) Beach addressed to the Bank of America authorizing the withdrawal of funds ofthe 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 ofthe City of Seal Beach for the withdrawal of funds on deposit in said bank. Section 3. That in lieu oflwo 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 hereinbefore authorized. BE IT FURTHER RESOL VED THAT during periods of absence incurred by John Bahorski and Pamela Arends-King, the signature of Joanne Yeo, City Clerk, shall be authorized to appear on the instruments described above. Section 3. Resolution No. 4902 is hereby rescinded. I Section 4. 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. Resolution Number ~/!:J PASSED, APPROVED AND ADOPTED BY THE City Council Beach, at a meeting thereof held on the ,2,B~ day of by the following vote: AYES: Councilmembe I NOES: Councilmembers ABSENT: .Jelw h~ Mayor ATTEST: ~"J~ Jete M. Yeo, City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } e City of Seal 2002,' ~ I, Joanne M. Yeo, City Clerk of Seal Beach, California, do here~ertifY that the foregoing resolution is the original copy of Resolution Numb~on file in the office of the City Clerk, passed, approved and adopted by th~ Council of the City of Seal Beach regular meeting thereof held on the ~ day of ,2002. I I