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HomeMy WebLinkAboutCC Res 5560 2007-06-25 I RESOLUTION NUMBER 5560 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, AUTHORIZING ALTERNATE SIGNATURES, AND RESCINDING RESOLUTION NUMBER 5469 WHEREAS, there are certain funds of the City of Seal Beach on deposit with the Bank of America; 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, John H. Larson is the duly elected Mayor of the City of Seal Beach, David N. Carmany is the duly. !IPpointed City Manager, Greg Beaubien is the duly appointed Interim Director of Adp!h'1istratjvc'S!lrviceslTreasurer and Linda Devine is the duly elected City Clerk of the City of Seal,~e~ch; and " i ~ -- NOW, THEREFORE, THE CITY CO~CIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: .. Section 1. I Section 2. Section 3. Section 4. Section 5. I All demands, checks and drafts of the City of Seal Beach require two authorized signatures. That the signature of John H. Larson, David N. Carmany, Greg Beaubien and Linda Devine are the authorized signatures required on demands, checks, and drafts of the City of Seal Beach addressed to the Bank of America authorizing the withdrawal of funds of the City of Seal Beach on deposit with said bank, and said persons are authorized and directed to sign such documents and signature cards as may be required by said bank in order that said bank is authorized to honor demands and checks and drafts of the City of Seal Beach for the withdrawal of funds on deposit in said bank. That in lieu of two personal signatures appearing upon any demand, check, or draft for the City of Seal Beach, a facsimile signature plate may be utilized bearing the reproduction of two of the appropriate signatures hereinbefore authorized. Resolution No. 5469 is hereby rescinded.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, a certified copy thereof. BE IT FURTHER RESOLVED THAT during periods of absence incurred by David N. Carmany and Greg Beaubien, the signature of Linda Devine, City Clerk, shall be authorized to appear on the instruments described above. Resolution Number 5560 PASSED, APPROVED AND ADOPTED by the City Council of Seal Beach, at a meeting hereof held on the 25th day of June , 2007 by the following vote: AYES: COUNCTLMEMBERIJ),JJta~f4idf, )j~ ~ NOES: COUNCILMEMBERS ~ I ABSENT: COUNClLMEMBERS ~ I I ABSTAIN: COUNCILMEMBERS ~f dolW /.t. L~-t.Sl'JVL Mayor ATTEST: t1 ;r~ ~ ctiWclerk STATE OF CALIFORNIA COUNTY OF ORANGE CITY OF SEAL BEACH SS I I, Linda Devine, City Clerk for the City of Seal Beach, California, do hereby certify that the foregoing resolutions is the original copy of Resolution Number 5560 on file in the office of the City Clerk, passed, approved and adopted by the City Council of the City of Seal Beach at a regular meeting hereof held on the 25th day of June ,2007. i"~l~ l1ll1~1 ~ Clerk I