HomeMy WebLinkAboutCC Res 3860 1989-06-05
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RESOLUTION NUMBER 3!6o
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SEAL BEACH, CALIFORNIA PROVIDING
AUTHORIZATION TO SIGN DEMANDS AND CHECKS FOR
THE WITHDEAWAL OF 'UNDS 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 3810
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, Victor Grgas 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:
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Section 1.
Section 2.
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Section 3.
That the signatures of Victor Grgas, 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, 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 Robert Nelson and Denis
Thomas appear, the signature of Victor Grgas may
also appear thereon by a rubber stamp facsimile of
the signature of Victor Grgas and said bank be
authorized to pay demands and drafts so signed
regardless of by whom or by what means the
facsimile signature of Victor Grgas 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 of the
appropriate signatures hereinbefore authorized.
Resolution Number ~~~~
BE IT FURTHER RESOLVED that during perioda of concurrent abaence
incurred by Robert Nelaon and Denia Thomaa, the aignature of
Kichael Zaharas, Aaaiatant Finance Director, ahall be authorized
to appear on the inatrumenta deacribed above.
Section 4.
Reaolution No. 3810 ia hereby reacinded.
Section 5.
The City Clerk ahall certify to the paaaage and
adoption of thia reaolution and ia authorized and
directed to deliver to aaid Bank of America,
Security Pacific National Bank, Wells Fargo Bank
and Firat Interatate Bank, a certified copy
thereof.
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~SED, APPROVED AND ADOPTED BY THE City Council $If
Se~ Beach, at a meeting thereof held on the ~~
, 1989, by the ollowing vote:
the City of
day of
ABSENT:
Councilmembera
Councllmembera
NOES:
Councilmembera
~f:..1b--
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF SEAL BEACH )
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I, Joanne, K. Yeo, City Clerk of Seal Beach, California, do
hereby certify that ~~~~egOing reaolution ia the original copy
of Resolution Number on file in the office of the City
Clerk, paaaed, appro d and adopted by the City Council of the
Ci~~f Seal Beach, at regular meeting thereof held on the
~ day of , 1989.
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