HomeMy WebLinkAboutCC Res 4050 1991-06-10
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RESOLUTION NUMBER ~~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SEAL BEACH, CALIFORNIA PROVIDING
AUTHORIZATION TO SIGN DEMANDS AND CHECKS FOR
THE WITHDRAWAL OF FUNDS ON DEPOSIT WITH THE
BANK OF AMERICA, SECURITY PACIFIC NATIONAL
BANK, WELLS FARGO BANK AND FIRST INTERSTATE
BANK; AND AUTHORIZING ALTERNATE SIGNATURES
AND RESCINDING RESOLUTION NUMBER 3987
WHEREAS, there are certain funds of the City of Seal Beach on
deposit with the Bank of America, Security Pacific
National Bank, Wells Fargo Bank and First Interstate
Bank; 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, Frank Laszlo is the duly elected Mayor of the city of
Seal Beach; Jerry Bankston is duly appointed Finance
Officer of the city of Seal Beach; Michael Zaharas is
the Finance Officer's Financial Designee, combining
duties of the city Treasurer with those of Finance
Director; and
WHEREAS, it is desirable to appoint alternate signatories for
the City's Financial Officers Jerry Bankston and
Michael Zaharas during periods of concurrent absence.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES
HEREBY RESOLVE:
section 1.
That the signatures of Frank Laszlo, Jerry
Bankston and Michael Zaharas shall be the
signatures required on all demands, checks and
drafts of the city of Seal Beach addressed to the
Bank of America, security Pacific National Bank,
Wells Fargo Bank and First Interstate Bank,
.authorizing the withdrawal of funds of the city of
Seal Beach on deposit with said b~nk, and said
persons as authorized and directed to sign such
documents and signatures cards as may be required
by said banks in order that said banks are
authorized to honor demands and checks and drafts
of the City of Seal Beach for the withdrawal of
funds on deposit in said banks.
That any demands, checks or drafts of the city of
Seal Beach addressed to said banks upon which the
personal signatures of Jerry Bankston and Michael
Zaharas appear, the signature of Frank Laszlo may
also appear thereon by a rubber stamp facsimile of
the signature of Frank Laszlo and said bank be
authorized to pay demands and drafts so signed
regardless of by whom or by what means the
facsimile signature of Frank Laszlo may have been
affixed.
section 2.
section 3.
That in lieu of three personal signatures
appearing upon any demands, checks or drafts for
the City of Seal Beach, one authorized original
signature shall be affixed and a facsimile
signature plate may be utilized bearing the
reproduction of no more than two of the
appropriate signatures hereinbefore authorized.
Resolution Number ~~
BE IT FURTHER RESOLVED that during periods of concurrent absence
incurred by Jerry Bankston and Michael Zaharas, the signature of
Robert Archibold, Assistant city Manager, shall be authorized to
appear on the instruments described above.
Section 5.
Resolution No. 3987 is hereby rescinded.
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,
Security Pacific National Bank, Wells Fargo Bank
and First Interstate Bank, a certified copy
thereof.
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Section 4.
S:
Councilmembers
the City of
day of
PASS
ta
D, APPROVED AND ADOPTED BY THE City Council if
each, at a meeting thereof held on the /b-
, 1991, by th following vote:
~
NOES: Councilmembers
ABSENT: councilmembers
VACANCY: Councilmembers
~~'.). ~1Jr-
Mayor
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF SEAL BEACH )
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{
I, Joanne, M. Yeo, City
hereby certify that th
of Resolution Number
Clerk, passed, appr
~tr~f Seal Beach
_ day of
Clerk of Seal Beach, California, do
f~egoing resolution is the original copy
~O on file in the office of the city
and adopted by the city Council of the
regular meeting thereof held on the
, 1991.
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