Loading...
HomeMy WebLinkAboutCC AG PKT 2008-01-14 #H AGENDA REPORT e DATE: January 14, 2008 TO: Honorable Mayor and City Council THRU: David N. Carmany, City Manager FROM: Robbeyn Bird, DIrector of Administrative ServiceslTreasurer SUBJECT: Authorize New Check Signatures and Authorize Director of Administrative Services to Act as Agent to Claim Unclaimed Property Held by the California State Controller's Office SUMMARY OF REQUEST: Staff requests CouncIl rescmd resolution 5560 and approve the attached resolutIon that provides authonzatIon to sign demands and checks for WIthdrawal of funds on deposit WIth the Bank of America and give authority to the Director of AdmInistrative ServlceslTreasurer to act as the authorized agent to claIm "UnclaImed Property" from the California State Controller's Office. e BACKGROUND: WIth the appomtment of a new Director of AdmInistrative ServiceslTreasurer the current authonzed signatures to sign demands and checks for wIthdrawal of funds on depOSIt with the Bank of America need to be changed. The attached resolution rescmds the pnor resolution and IdentifIes the authonzed signatures of the Mayor, the City Manager, the DIrector of AdminIstratIve ServlcesITreasurer and CIty Clerk. In additIon, the City of Seal Beach at times pursues claims of "unclaimed property" being held by the CalIfornia State Controller's Office. The requirements mclude a letter of authonzation with the names of officers or offiCIals With authonty to sign and claim "unclaImed property" on behalf of the CIty of Seal Beach. RECOMMENDATION: CouncIl approve the attached resolution that provides authonzation to sign demands and checks for withdrawal of funds on deposit WIth the Bank of America and authonze the DIrector of Administrative ServiceslTreasurer to act as agent on behalf of the CIty of Seal Beach to submit claims for "unclaimed property" held by the California State Controller's Office. NOTED AND APPROVED: e ~Iofi'- ~ Robbeyn Ird DIrector of Admimstrative ServicesITreasurer ~- - ) David N. Carmany CIty Manager Agenda Item II e RESOLUTION NUMBER_ A RESOLUTION OF THE CITY COUNCn. OF THE CITY OF SEAL BEACH, CALIFORNIA, PROVIDING AUTHORIZATION TO SIGN DEMANDS AND CHECKS FOR THE WlTHDRA WAL OF FUNDS ON DEPOSIT WITH THE BANK OF AMERICA, AUTHORIZING ALTERNATE SIGNATURES, AUTHORIZING DIRECfOR OF ADMINISTRATIVE SERVICES TO ACT AS AGENT FOR THE CITY TO CLAIM UNCLAIMED PROPERTY, AND RESCINDING RESOLUTION NUMBER 5560 WHEREAS, there arc certam funds of the CIty of Seal Beach on depOSit With the Bank of Amenca, and WHEREAS, It IS des1Illble to protect the funds of the CIty of Seal Beach from unauthonzed dIsbursement through the use of fraudulent Signatures, and WHEREAS, Charles J. Antos IS the duly elected Mayor of the City of Seal Beach, DaVid N Carmany IS the duly appomted City Manager, Robbeyn Bml IS the duly appomted DIrector of Adnumstrabve ServlceslTreasurer and Linda Devme IS the duly elected City Clerk of the City of Seal Beach; and NOW, THEREFORE, THE CITY COUNCil. OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE Secbon I. e Secbon 2. Secbon 3 Section 4. Secbon 5. Section 6. All demands, checks and drafts of the City of Seal Beach reqwre two authonzed signatures. That the SIgnature of Charles J. Antos, DaVid N. Carmany, Robbeyn Bud and Lmda Devme are the authorized signatures reqwred on demands, checks, and drafts of the City of Seal Beach addressed to the Bank of Amenca authonzing the Withdrawal of funds of the City of Seal Beach on depoSit With SBld bank, and said persons arc authonzed and directed to Sign such documents and signature cards as may be required by said bank m order that SBld bank is authonzed to honor demands and checks and drafts of the City of Seal Beach for the Withdrawal of funds on deposit in SBld bank. That m lieu of two personal signatures appeanng upon any demand, check, or draft for the CIty of Seal Beach, a facsllDlle signature plate may be ubllzed beanng the reproducbon of two of the appropnate signatures herem before Bllthonzed. That Robheyn Bini, DlI'Octor of Adnumstrabve Servicesrrreasurer act as the authonzed agent to clBlID "unclBlmed property" on behalf of the City of Seal Beach Resolubon No 5560 is hereby rescmded. The Clly Clerk shall ce11lfy to the passage and adopbon of tins resolubon and IS authonzed and directed to deliver to said Bank of Amenca, a Ce11lfied copy thereof e BE IT FURTIiER RESOLVED 1lIAT during penods of absence mcurred by DaVid N. Carmany and Robbeyn BIni, the signature of I.mda Devme, CIty CleIk, shall be authonzed to appear on the instruments descnbed above Resolution Number e PASSED, APPROVED, AND ADOPTED by the City Council of the City of Seel Beech On the ~ day of January. 2008 by the followmg vole: A YES Council Memben NOES. Council Members ABSENT. Counal Memben ABSTAIN: Council Memben Mayor ATI'EST: City Clerk e STATEOFCAUFORNIA ) COUNTY OF ORANGE ) SS CITY OF SEAL BEACH ) I, unda Devme, City Clerk of Seal Beach, Cahfomla, do hereby cerl1fy that the foregomg resolubon .s the ongmal copy of ResoIul1on Number _on file 10 the office of the CIty Clerk, passed, approved, and adopted by the C.ty Council of the C.ty of Seal Beach, at a regular meetmg thereof held on the 14th day of Januarv ,2008 C.ty Clerk e