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HomeMy WebLinkAboutCC AG PKT 2007-06-25 #K e AGENDA REPORT DATE: June 25, 2007 TO: Honorable Mayor and City Council THRU: David N. Carmany, City Manager FROM: Greg Beaubien, Interim Director of Administrative Services/Treasurer SUBJECT: Authorize New Check Signatures SUMMARY OF REQUEST: Staff requests Council rescind resolution 5469 and approve the attached resolution that provides authorization to sign demands and checks for withdrawal of funds on deposit with the Bank of America. BACKGROUND: e With the appointment of a new City Manager and Interim Director of Administrative Services/TreBSurer the current authorized signatures to sign demands and checks for withdrawal of funds on deposit with the Bank of America need to be changed. The attached resolution rescinds the prior resolution and identifies the authorized signatures of the mayor, the City Manager, the Interim Director of Administrative Services/Treasurer and City Clerk RECOMMENDATION: Council approve the attached resolution that provides authorization to sign demands and checks for withdrawal of funds on deposit with the Bank of America. w~ 0...1 ~ Greg Beauli b Interim Director of Administrative Services/Treasurer e NOTED AND APPROVED: ~, David N. Carmany CitY Manager Agenda Item ~ e RESOLlITlON NUMBER_ A RESOLlITlON 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, AUTHORIZING ALTERNATE SIGNATURES, AND RESCINDING RESOLUTION NUMBER 5469 WHEREAS, th.... are cenain funds of the City of Seal Beoch on depo.it with 1he Bank of America; and WHEREAS, it i. de.irable \0 ptDIeCt the funds of the City or Seal Beach from unauthorized disbursement through the use of fraudulent signatures; and WHEREAS, John H. Lamm i. 1he duly elooted Mayor of the City of Seal Beoch, David N, Carmany i. the duly appointed City Manager, Gteg Beaubien il the duly appointed Interim Diroc:Ior of Admini.trative ServioesllTealulm" and Linda Devine i. the duly elected City Clerk or the City of Seal Beach; and NOW, TIlEREFORE, THE CITY COUNcn. OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: Section I. e Section 2. Sec1ion 3, Section 4. Section S. All demands, oheck. and drafIll of the Ci1Y or Seal Beach require two authorized signatures. That the .ignature or 10hn H. Larson, David N, Carmany, Oreg Beaubien and Linda Devine are 1he authorized .ignature. required on demands, checks, and drafts or the City of Seal Beach addressed \0 the Bank or Amerioa authorizing the withdrawal of funds of the City of Seal Beach on depo.it with .aid bank, and .aid person. ore authorized and directed \0 .ign .uch documenlB and .ignature cards as may be required by .aid bank in order that .sid bank i. authorized to honor demands and cheeks and drafts of the Ci1y of Seal Beach ror the withdrawal or funda On deposi1 in .aid bank. That in lieu of two personal signatures appearing upon any demand, check, or draft for the City of Seal Beach, a roc.imile .ignature plate may be utilized beorinS the reproduction of two of the appropriate signatures hereinbefore authorized. Resolution No. 5469 i. hereby rescinded. The City Clerk .hall oonify 10 the passage and adoption of this resolution and i. authorized and directed 10 deliver to .sid Bank of America, a certified copy 1hoteof. BE IT FURTHER KESOL VEl) THAT during periods of abaence incwml by David N. Cannany and Gteg Beaubien, the SIgnature or Linda Devine, City Clerk, .hall be authorized to appear on the instruments described above. e Resolution Number e PASSED, APPROVED AND ADOPTED by tit. City Council of Soar Boa"'. at a mooting heroor held on tit. 25t1t clay of June, 2007 by the roJlowing vole: AYES: COUNcn.MEMBERS NOBS: COUNClLMBMBBRS ABSENT: COUNClLMBMBERS ABSTAIN: COUNClLMBMBBRS Mayor A TI'BST: City Clerk e STATBOFCALJFORNtA I COUNTY OF ORANGE I SS CITY OF SEAL BBACH I I. Uncia Devine. City Clerk for the City of Seal Beach, California, do hereby certify that the foregoing resolutions i. tho original copyoJ' Resolution Number_ on file in tho oJ'r"", of the City CIerl<, passed, approved and sdopIod by 1he City COUllOlI or 1h. Ci1y of Seal Besch at a "'gular meeting hereof held on 1he 25th clay of June , 2007, City Clerk e