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HomeMy WebLinkAboutRDA Res 71-14 1971-07-26 1 1 1 .- RESOLUTION NUMBER 71-14 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH, CALIFORNIA, AMENDING RESO- LUTION NUMBER 71-5, PROVIDING AUTHORIZATION TO SIGN DEMANDS, CHECKS, AND DRAFTS FOR THE WITH- DRAWAL OF FUNDS ON DEPOSIT WITH THE BANK OF AMERICA, SEAL BEACH BRANCH NUMBER 132. WHEREAS, The Redevelopment Agency of Seal Beach, by Resolution Number 71-5, designated the Bank of America, Seal Beach Branch Number 132, as depository for Redevelopment Agency fundsl and WHEREAS, Mr. Jay Covington is the duly appointed Chairman of the Redevelopment Agency of Seal Beach 1 Mr. Thomas Barnes is the duly elected Vice Chairman of the Redevelopment Agency of Seal Beachl and Mr. Robert E. Myers is the duly appointed Executive Director- Secretary of the Redevelopment Agency of Seal Beachl NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF SEAL BEACH, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Resolution Number 71-5 is hereby amended. Section 2. The signatures of Jay covington and Robert E. Myers shall be the signatures required on all demands, checks, and drafts of the Redevelopment Agency of Seal Beach addressed to the Bank of America, Seal Beach Branch Number 132, authorizing the withdrawal of funds of the Redevelopment Agency of Seal Beach on deposit with said bank, except that the signature of Thomas Barnes 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 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 thereof to said bank. PASSED, APPROVED, AND ADOPTED by at a meeting thereof held on the by the following vote: ,:> ~e.q}developme I. day of Seal Beach , 1971, AYES: NOES: ABSENT: lldembers Members Members ~ :o-::l ecretary --- ,4 Executive