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HomeMy WebLinkAboutCC Res 1577 1967-07-17 " 1 1 1 . RESOLtrrION NO. /.r77 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH PROVIDING FOR A CHANGE IN AtrrHORIZATION TO SIGN DEMANDS AND CHECKS FOR THE WITHDRAWAL OF FUNDS ON DEPOSIT WITH THE UNITED CALIFORNIA BANK, BRANCH #110; THE SECURITY FIRST NATIONAL BANK, BRANCH 4n50; AND THE CROCKER CITIZENS NATIONAL BANK, BRANCH #363. WHEREAS, there are certain funds of the City of Seal Beach on deposit with the United California Bank, Branch #110; The Security First National Bank, Branch #250; ana the Crocker Citizens National Bank, Branch #363; and WHEREAS, Stanley G. Anderson is the duly elected Mayor of the City of Seal Beach; F. W. Hickman is the duly appointed Treasurer of the City of Seal Beach; and Lee Risner is the duly appointed Finance Officer of the City of Seal Beach; and WHEREAS, it is necessary that Stanley G. Anderson be authorized to sign demands, checks, and drafts for the withdrawal of funds in place and stead of Lloyd E. Gummere. NOW, THEREFORE, the City Council of the City of Seal Beach does resolve as follows: Section 1. That the signatures of Stanley G. Anderson, F. W. Hickman, and Lee Risner shall be the signatures required on all demands, checks, and drafts of the City of Seal Beach addressed to the United California Bank, Branch #110; the Security First National Bank, Branch #250; and the Crocker Citizens National Bank, Branch #363, authorizing the withdrawal of funds of the City of Seal Beach on deposit with said banks, 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, checks, and drafts of the City of Seal Beach for the withdrawal of funds of said City on deposit in said banks; that from and hereafter the date of the adoption of this resolution the signature of Lloyd E. Gummere shall not appear on any demands, checks, or drafts of the City of Seal Beach. HOWEVER, upon any demands, checks, or drafts of the City of Seal Beach addressed to said banks upon which the personal signatures of F. W. Hickman and Lee Risner shall appear, the signature of Stanley G. Anderson may appear thereon by a rubber stamp facsimile of the signa- ture of Stanley G. Anderson and said banks shall be authorized to pay demands and drafts so signed regardless of by whom or by what means the facsimile signature of Stanley G. Anderson thereon may have been affixed. I I 1 . Resolution Number Section 2. That F. W. Hickman, as City Treasurer of the City of Seal Beach, is hereby authorized on his signature alone to make with- drawals of funds of the City of Seal Beach for the payment of any bonded indebtedness and interest thereon of the City of Seal Beach, and said banks are authorized to pay demands and drafts and authorize withdrawals of funds of the City of Seal Beach for payment on any bonded indebtedness and interest thereon of the City of Seal Beach on the signature of City Treasurer F. W. Hickman alone. Section 3. The City Clerk shall certify to the passage and adoption of this resolution and is authorized and directed to deliver to said United California Bank, Branch #110; The Security First National Bank, Branch #250; and the Crocker Citizens National Bank, Branch #363, a certified copy thereof. PASSED, APPROVED, AND ADOPTED by the City Council of the City of Seal Beach at a meeting held on the 17th day of July, 1967, by the following vote: AYES: counci1men~~~./I~A-t~ tk~ Councilmen ~ Councilmen ~ NOES: ABSENT : ATTEST: /w.~~ F. W. Hickman, City Clerk