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HomeMy WebLinkAboutCC AG PKT 2005-10-24 #I 5) 4/2, .3irO AGENDA REPORT DATE: October 24, 2005 TO: Honorable Mayor and City Council THRU: John B. Bahorski, City Manager FROM: Pamela Arends -King, Director of Administrative Services /Treasurer SUBJECT: Authorize New Check Signatures SUMMARY OF REQUEST: Staff requests Council rescind resolution 5354 and approve the attached resolution that provides authorization to sign demands and checks for withdrawal of funds on deposit with the Bank of America. BACKGROUND: With the appointment of a new Interim Director of Administrative Services /Treasurer the current authorized signatures to sign demands and checks for withdrawal of funds on deposit with the Bank of America need to be changed. The attached resolution rescinds the prior resolution and identifies the authorized signatures of the mayor, the City Manager, and the Interim Director of Administrative Services /Treasurer. RECOMMENDATION: Council approve the attached resolution that provides authorization to sign demands and checks for withdrawal of funds on deposit with the Bank of America. a n 41 4( & �4—=� Pamela Arends -King Director of Administrative Services /Treasurer N0, ,; ° 1 D P'a ` D: it Jo Bahorski C anager Agenda Item .1 RESOLUTION NUMBER 5380 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 5354. 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, Charles Antos is the duly selected Mayor of the City of Seal Beach, John B. Bahorski is the duly appointed City Manager, and Dennis Miura is the duly appointed Interim Director of Administrative Services/Treasurer of the City of Seal Beach; and WHEREAS, it is desirable to appoint an alternate signatory for the City's Financial Officers during periods of concurrent absence. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: Section 1. All demands, checks and drafts of the City of Seal Beach require two authorized signatures. Section 2. That the signature of Charles Antos, John B. Bahorski, and Dennis Miura 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. Section 3. 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. Section 4. Resolution No. 5354 is hereby rescinded. 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, a certified copy thereof. BE IT FURTHER RESOLVED THAT during periods of absence incurred by John B. Bahorski and Dennis Miura, the signature of Linda Devine, City Clerk, shall be authorized to appear on the instruments described above. • Resolution Number 5380 PASSED, APPROVED, AND ADOPTED by the City Council of the City of Seal Beach on the 24th day of October , 2005 by the following vote: - AYES: Council Members L A 1I /A/ i „u. ,. i. e rilOrd NOES: Council Members ABSENT: Council Members 6 — ABSTAIN: Council Members %.19f L Mayor ATTEST: ccl;/I( OFD\ �� o „aoeg „y � l 66- City Clerk 9y `nf .'� �' �= C 2 ��UNT1 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF SEAL BEACH ) I, Linda Devine, City Clerk of Seal Beach, California, do hereby certify that the foregoing resolution is the original copy of Resolution Number 5380 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 thereof held on the 24th day of October , 2005. it Clerk