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55A - RESO - J.P. MORGAN CHASE DEPOSITORY
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10/18/2010
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55A - RESO - J.P. MORGAN CHASE DEPOSITORY
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1/3/2012 3:58:47 PM
Creation date
10/14/2010 1:05:31 PM
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City Clerk
Doc Type
Agenda Packet
Item #
55A
Date
10/18/2010
Destruction Year
2015
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Section 5. The City Manager is hereby authorized to designate in writing an <br />agent(s) who shall be authorized to sign City checks for the payment or withdrawal of <br />said funds when, due to physical absence, incapacity or death of either or both of said <br />authorized signatories, it may be necessary on a temporary basis to provide other <br />means for the signing of City checks, and/or for the payment or withdrawal of said <br />funds. Any such authorization shall set forth the necessity for such designation, the <br />period of time during which said authorization shall continue (by giving the exact starting <br />and termination dates) and shall contain the certification of the Clerk of the Council over <br />the official seal of the City of Santa Ana certifying that said authorization is in fact, <br />signed by the qualified and acting City Manager, shall contain a specimen signature of <br />the person designated as such temporary agent, and shall be delivered to said Bank. <br />Section 6. The City Manager, or his designee, is hereby authorized to execute <br />and submit all documents, including but not limited to applications, agreements and <br />amendments which may be required to effectuate the banking services necessary for <br />the administration of the City's demand deposit account. <br />Section 7. A certified copy of this Resolution, together with the signatures of <br />the two agents herein authorized to act in manual form and a copy of the facsimile <br />signature machine-imprint of the Executive Director of Finance and Management <br />Services certified by the Clerk of the Council to be the signatures of said persons, and <br />an imprint of the official facsimile signature plate, shall be delivered to said Bank before <br />the first day of January, 2011. Whenever either or both of said agents leave the <br />employment of the City, is absent therefrom, or incapacitated for a period of time that <br />will affect the issuance of City checks, the Clerk of the Council shall notify said Bank of <br />said fact and shall certify the names, titles, and signatures of the person(s) then <br />designated as agent(s) of the City for the purpose of signing City checks in the manner <br />hereinabove provided and shall notify said Bank of every termination of such <br />authorization immediately upon receipt of such information. <br />Section 8. This Resolution shall take effect immediately upon its adoption by <br />the City Council, and the Clerk of the Council shall attest to and certify the vote adopting <br />this Resolution. <br />ADOPTED this day of 2010. <br />Miguel A. Pulido <br />Mayor <br />Resolution No. 2010- <br />Page 2 of 3 <br />55A-4
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