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HomeMy WebLinkAboutCC AG PKT 2003-06-09 #D • 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, AUTHORIZING ALTERNATE SIGNATURES, AND RESCINDING RESOLUTION NUMBER 5013 t 1 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, is the duly selected Mayor of the City of Seal Beach, John B. Bahorski is the duly appointed City Manager, and Pamela Arends -King is the duly appointed Finance Officer and City 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 authonzed signatures. Section 2. That the signature of , John Bahorski, and Pamela Arends -King 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. BE IT FURTHER RESOLVED THAT during periods of absence incurred by John Bahorski and Pamela Arends -King, the signature of Joanne Yeo, City Clerk, shall be authorized to appear on the instruments described above. Section 3. Resolution No. 5013 is hereby rescinded. Section 4. The City Clerk shall certify to the passage and adoption of this resolution and is authorized and directed to deliver to said Bank of Amenca, a certified copy thereof. 4111 AGENDA ITEM D , . • PASSED, APPROVED AND ADOPTED BY THE City Council of the City of Seal Beach, at a meeting thereof held on the day of 2003, by the following vote: AYES: Councilmembers NOES: Councilmembers ABSENT: Councilmembers - Mayor ATTEST: Joanne M. Yeo, City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH - } _ I, Joanne M. Yeo, City Clerk of Seal Beach, California, do hereby certify that the foregoing resolution is the original copy of Resolution Number on file in the office III 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 day of , 2003. City Clerk •