HomeMy WebLinkAboutCC Res 4068 1991-07-22
I
II
,
I
I
;;1':.'\
RESOLUTION NUMBER ~61J
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SEAL BEACH, CAL UOP.NI l PROVIDING
AUTHORIZATION TO SI~~ DEMftNDS AND CHECKS FOR
THE WITHDRAWAL OF FUNDS ~& DEPOSIT WITH THE
BANK OF AMERICA, SECURITY PACIFIC NATIONAL
BANK, WELLS FAa~O B&~K AN~ FIRST INTERSTATE
BANK; AND Au~HORIZING ALTERNATE SIGNATURES
AND RESCINDING RESOLUTION NUMBER 4050 '
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; Robert A~chibold is
the Finance .Officer's Financial Designee, combining
duties of the city Treasurer with those of Assistant
city Manager; and
WHEREAS, it is desirable to appoint alternate signatories for
the City'S Financial Officers Jerry Bankston and Robert
Archibold 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 Robert Archibold 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 bank, 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 Robert
Archibold 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 ~ore than two of the
appropriate signatures hereinbefore authorized.
BE IT FURTHER RESOLVED that during periods of concurrent absence
incurred by Jerry Bankr.to, and Robert Archibold, the signature of
Michael zaharas, Assistan~ Finance Director shall be authorized
to appear on the instruments described above.
Resolution Number L/o,B
section 5.
Resolution No. 4050 is hereby rescinded.
The City Clerk shall certify to the passage and
adoption of this ~esolution and is authorized and
directed to deli.er t" said Bank of America,
Security Pacific National Bank, Wells Fargo Bank
and First Interstate Bank, a certified copy
thereof.
section 4.
NOES:
Councilmembers
the city of
day of II
;a~!t1I~v
ED, APPROVED AND ADOPTED BY THE City Council of
Bach, at a meeting thereof held on the ~~~
, 1991, by the followi vote:
councilmembers
ABSENT:
councilmembers
,~ -iL&'-- -L ~lk-
Mayor
A T:
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SEAL BEACH
)
) SS
)
::
I
I, Joanne M. Yeo, City Clerk of the City of Seal Beach, California,
do hereby certify that the,~5~oing Resolution is the original
copy of Resolution Number ~on file in the office of the City
Clerk, passed, ap ov d ana adopted by the City Council of the
. y of Seal Beac at a gular meeting thereof held on the
,ItI:a.. day of , 1991.
I