HomeMy WebLinkAboutCC Res 3810 1988-09-06
RESOLUTION NUMBER iJ8/0
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, CROCKER BANK AND FIRST INTERSTATE BANK;
AND AUTHORIZING ALTERNATE SIGNATURES AND
RESCINDING RESOLUTION NUMBER 3786
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WHEREAS, there are certain funds of the City of Seal Beach on
deposit with the Bank of America, Security Pacific
National Bank, Crocker Bank and First Interatate 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, Joe Hunt is the duly elected Mayor of the City of Seal
Beach; Robert Nelson 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
WHEREAS, it is desirable to appoint alternate signatories for
the City's Financial Officers Robert Nelson and Denis
Thomas during periods of concurrent absence.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES
HEREBY RESOLVE:
Section 1.
Section 2.
Section 3.
That the signatures of Joe Hunt, Robert Nelson 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, Crocker 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.
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That any demands, checks or drafts of the City of
Seal Beach addressed to said banks upon which the
personal signatures of Robert Nelson and Denis
Thomas appear, the signature of Joe Hunt may also
appear thereon by a rubber stamp facsimile of the
signature of Joe Hunt and said bank be authorized
to pay demands and drafts so signed regardless of
by whom or by what means the facsimile signature
of Joe Hunt may have been affixed.
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 9f the
appropriate signatures hereinbefore authorized.
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Resolution Number ~/O
BE IT FURrHER RESOLVED that during periods of concurrent absence
incurred by Robert Nelson and Denis Thomas, tbe signature of
Michael Zaharas, Assistant Finance Director, shall be authorized
to appear on the instruments described above.
Section 4.
Resolution No. 3786 is hereby rescinded.
Section 5.
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, Crocker Bank and
First Interstate Bank, a certified copy thereof.
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PAljSED, APPROVED Afro ADOPTED BY THE City counc~_Qf the City of
Seal Beafh,~t a meeting thereof held on the ~ day of
~f'iO.u~, 1988, by t following vote:
AYES: Councilmember
ABSENT:
Councilmembers
NOES:
Councilmembers
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OUNrf .
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF SEAL BEACH )
I, Joanne, M. Yeo, City Clerk of Seal Beach, California, do
hereby certify that th$ jpregoing resolution is the original copy
of Resolution Number ~ on file in the office of the City
Clerk, passed, approved and adopted by the City Council of the
, _-;;--'.Ci(!'r~ Seal Be:~ a~u~ ~ting thereof held on the
~ day of A, , 1988.
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