HomeMy WebLinkAboutRDA Res 70-6 1970-11-23
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RESOLUTION NUMBER 00-6
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF SEAL BEACH DESIGNATING THE BANK OF
AMERICA, SEAL BEACH, BRANCH NUMBER 132, AS THE
DEPOSITORY FOR AGENCY FUNDS, AND PROVIDING AUTHORI-
ZATION TO SIGN DEMANDS, CHECKS, AND DRAFTS FOR THE
WITHDRAWAL OF FUNDS ON DEPOSIT WITH THE BANK OF
AMERICAN, SEAL BEACH, BRANCH NUMBER 132.
WHEREAS, Certain funds will accrue to the Redevelopment Agency of
the City of Seal Beachl and
WHEREAS, The Redevelopment Agency of the City of Seal Beach has
not designated a depository for such fundsl and
WHEREAS, Mr. Jay Covington is the duly appointed Chairman of the
Redevelopment Agency of the City of Seal Beach 1 Mrs. Martha
Scheiblauer is the duly elected Vice Chairman of the Redevelopment
Agency of the City of Seal Beach 1 and Mr. Dennis Courtemarche is
the duly appointed Interim Executive Director-Secretary of the
Redevelopment Agency of the City of Seal Beachl
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH
DOES HEREBY RESOLVE AS FOLLOWS:'
Section 1. The Bank of America, Seal Beach, Branch Number 132,
is hereby designated as the depository for all funds to be accrued
to the Redevelopment Agency of the city of Seal Beach.
Section 2. The signatures of Jay Covington and Dennis Courtemarche
shall be the signatures required on all demands, checks, and drafts
of the Redevelopment Agency of the City of Seal Beach addressed to
the Bank of America, Seal Beach, Branch Number 132, authorizing
the withdrawal of funds of the Redevelopment Agency of the City of
Seal Beach on deposit in said bank, except that the signature of
Mrs. Martha Scheib1auer may appear in lieu of the signature of
Jay Covington, 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, checks,
and drafts of the Redevelopment Agency of the City of Seal Beach
for the withdrawal of funds on deposit in said bank.
Section 3. The Executive Director-Secretary of the Redevelopment
Agency shall certify to the passage and adoption of this resolution
and is authorized and directed to deliver a certified copy there-
of to said bank.
PASSED, APPROVED, AND ADOPTED by the Redevelopment Agency of the
City of Seal Beach at a meeting thereof held on the 23rd day of
November , 1970, by the fOllowing vote:
AYES:
NOES:
Barnes, Covington, Jackson, Lindstrom, Scheiblauer
None
MEMBERS
MEMBERS
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l~ U-I-L'w I!&-al ~ t:U. e ~
Executive Director-Secretary
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