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HomeMy WebLinkAboutCC Res 2968 1980-05-27 t I I I . . . RESOLUTION NUMBER ~~~~ 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 AND UNITED CALIFORNIA BANK: AND RESCINDING RESOLUTION NUMBER 2880. WHEREAS, there are certain funds of the City of Seal Beach on deposit with the Bank of America, Security Pacific National Bank and United California 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 Ronald A. Kredell is the duly elected Mayor of the City of Seal Beach; Dennis Courtemarche is duly appointed Finance Officer of the City of Seal Beach; Denis Thomas is the Finance Officer's Financial Designee, combining duties of City Treasurer with those of Finance Director. WHEREAS, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: Section 1. That the signatures of Ronald A. Kredell, Denis Thomas and Dennis Courtemarche 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 and the United California Bank, authorizing the with- drawal 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 banks in order that said banks are authorized to honor demands, checks and drafts of the City of Seal Beach for the withdrawal of funds on deposit in said banks. Section 2. That any demands, checks or drafts of the City of Seal Beach addressed to said banks upon which the personal signatures of Denis Thomas and Dennis Courtemarche appear, the signature of Ronald A. Kredell may also appear thereon by a rubber stamp facsimile of the signature of Ronald A. Kredell and said bank be authorized to pay demands and drafts so signed regardless of by whom or by what means the facsimile signature of Ronald A. Kredell may have been affixed. Section 3. That in lieu of the signatures appearing upon any demands. checks or drafts of the City of Seal Beach, a facsimile signature plate may be utilized bearing a reproduction of no less than three of the appropriate signatures, hereinbefore described. Section 4. Resolution Number 2880 is hereby rescinded. .; I I I " . " . Page Two - Resolution Number ,;z9~R 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 and United California Bank, a certified copy thereof. PASSED, APPROVED and ADOPTED by the Ci~y Council at a meeting thereof held on the ~j1~ day of the following vote: of t e City of Seal Beach , 1980 by AYES: NOES: ABSENT: taAt-> Counci lmembers Councilmembers Councilmembers ~ /~4"/ ATTEST: