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HomeMy WebLinkAboutCC Res 3987 1990-10-31 .. WHEREAS, WHEREAS, WHEREAS, WHEREAS, RESOLUTION NUMBER.1JSJ 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 3941 I 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 it is desirable to protect the funds of the City of Seal Beach from unauthorized disbursement through the use of fraudulent signatures; and Edna Wilson is the duly elected Mayor of the City of Seal Beach; Robert Archibold, as Acting City Manager, is duly appointed Finance Officer of the City of Seal Beach; Denis Thomas is the Finance Officer's Financial Designee, combining duties of the City Treasurer with those of Finance Director; and it is desirable to appoint alternate signatories for the City's Financial Officers Robert Archibold and Denis Thomas during periods of concurrent absence. I NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: Section I. Section 2. That the signatures of Edna Wilson, Robert Archibold and Denis Thomas 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 :ity of Seal Beach on deposit with said bank, and said persons as authorized and directed to sign such documents and signature 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 Robert Archibold and Denis Thomas appear, the signature of Edna Wilson may also appear thereon by a rubber stamp facsimile of the signature of Edna Wilson and said bank be authorized to pay demands and drafts so signed regardless of by whom or by what means the facsimile signature of Edna Wilson may have been affixed. I Section 3. I Resolution Number ~j7t?j1 , 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 ~ffixed and a facsimile signature plate may be utilized bearing the reproduction of no more than two of the appropriate signatures hereinbefore authorized. BE IT FURTHER RESOLVED that during periods of concurrent absence incurred by Robert Archibold and Denis Thomas, the signature of Michael Zaharas, Assistant Finance Director, shall be authorized to appear on the instruments described above. Section 4. Section 5. Resolution No. 3941 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. ~ED' APPROVED AND ADOPTED BY THE city council~~he City ~Beach, at a meeting thereof held on the ~J ~ day of '{/. ~ 1990, by the fo owing vote: ~ ~ AYES: Counc ilmembe r ;;,.tA)u7'- r, -V 10 I NOES: ABSENT: Councilmembers Councilmembers ~ G- ~-.? - '-4ay&~L f lnll~ ot SEAL II"~ ~~ dto;;~';:;"~~ ~ ij ~'+ '<,o\"So ~. \-11 : O-d 00 0... . .g- ,.. 00 ~I .,. ot' '0 ~ ,,~o"o ,,'ft/~iS ',I.....^..... .'. ,q" d' ~Ol '1~,,1o 00 27. .,.... ~...-: - ... c: 000000"(.". OUN1'f . STATE OF CALIFORNIA COUNTY OF ORANGE CITY OF SEAL BEACH ) ) SS ) I, Joanne M. Yeo, City Clerk of the City of Seal Beach, California, do hereby certify that the for~ resolution is the original copy of Resolution Number on file in the office of the City Clerk, passed, approve , and adopted by the City Council of the Ci~_9f Seal B~at a regular meeting thereof held on the ~day of ~../ , 19. I . erk