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HomeMy WebLinkAboutCC Res 7717 2025-12-08RESOLUTION 7717 A RESOLUTION OF THE SEAL BEACH CITY COUNCIL DESIGNATING THE CITY MANAGER AND DIRECTOR OF FINANCE/CITY TREASURER AS THE CITY OFFICIALS AUTHORIZED TO TRANSACT BANKING SERVICES WITH BMO BANK, N.A. The Seal Beach City Council does hereby resolve, declare, determine, and order as follows: Section 1. The City of Seal Beach maintains a banking relationship with BMO Bank, N.A. Section 2. The persons occupying the positions of City Manager and Director of Finance/City Treasurer are hereby authorized to transact banking services with BMO Bank, N.A., and to designate from time to time such other persons, to manage any cash management services, and otherwise give instructions as to the City's cash management services, consistent with the Seal Beach City Charter, Seal Beach Municipal Code and applicable law. Such authority includes the authority to add, modify, and remove banking services as deemed necessary to facilitate the City's cash management services. This authorization also includes the authority to sign checks, approve wire transfers, and otherwise transact business with BMO Bank, N.A. on behalf of the City. Section 3. The authority conferred is in addition to any authorizations in effect and shall remain in force until BMO Bank, N.A. receives written notice of its revocation at the office where the account is maintained or at such other location as the bank may direct. Section 4. The City Council hereby authorizes and directs the City Manager to execute the Agreement for Cash Management Services and related documents on behalf of the City. PASSED, APPROVED and ADOPTED by the Seal Beach City Council at a regular meeting held on the 8th day of December 2025 by the following vote: AYES: Council Members: Kalmick. Wong,Senecal. Steele, Landau NOES: Council Members: ABSENT: Council Members: ABSTAIN: Council Members: F.11 Gloria D. Harper, City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } Lisa Landau, Mayor I, Gloria D. Harper, City Clerk of the City of Seal Beach, do hereby certify that the foregoing resolution is the original copy of Resolution 7717 on file in the office of the City Clerk, passed, approved, and adopted by the Seal Beach City Council at a regular meeting held on the 8t" day of December 2025, Glona`0. HIPr, City Clerk