HomeMy WebLinkAboutCC Res 3600 1986-05-20
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RESOLUTION NUMBER 3600
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 3595
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 Interstate-Bank;
and
WHEREAS,
WHEREAS,
WHEREAS,
it is desirable to protect the funds of the City of
Seal Beach from unauthorized disbursement through the
use of fraudulent signatures; and
Frank Clift 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
it is desirable to appoint alternste signstories 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 Frank Clift, Robert Nelson
and Denis Thomas shall be the signatures required
on all demands, chec':s 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.
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 Frank Clift may
also appear thereon by a rubber stamp facsimile of
the signature of Frank Clift 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 Clift 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 origins I
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 ~OO
BE IT FURTHER RESOLVED that during periods of concurrent absence
incurred by Robert Nelson and Denis Thomas, the signatures of
Daniel P. Joseph, Assistant City Manager, and Michael Zaharas,
Assistant Finance Director, shall be authorized to appear on the
instruments described above.
Section 4.
Resolution No. 3595 is hereby rescinded.
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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 Interstste Bank, a certified copy thereof.
ED, APPROVED AND ADOPTED BY THE City Council o(_the City of
each, at a meeting thereof held on the ~ lfC day of
, 1986, by th follow, g vote:
AYES:
Councilmember
NOES:
ABSENT:
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF SEAL BEACH )
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I, Joanne, M. Yeo, City Clerk of Seal Beach, California, do
hereby certify that t~~oregOing resolution is the original copy
of Resolution Number ~ on file in the office of the City
Clerk, passed, app oved and adopted by the City Council of the
Cit~ ~ Seal Beach, a regular meeting thereof held on the
~ - day of , 1986.
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