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55E - RESO - AGMT - DEPOSITORY SRVS
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55E - RESO - AGMT - DEPOSITORY SRVS
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12/1/2016 5:01:03 PM
Creation date
12/1/2016 4:49:35 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55E
Date
12/6/2016
Destruction Year
2021
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Section 5. The City Manager is hereby authorized to designate in writing <br />agents who shall be authorized to sign City checks for the payment or withdrawal <br />of said funds when, due to physical absence, incapacity or death of any of said <br />authorized signatories, it may be necessary on a temporary basis to provide <br />other means for the signing of City checks, and /or for the payment or withdrawal <br />of said funds. Any such authorization shall set forth the necessity for such <br />designation, the period of time during which said authorization shall continue (by <br />giving the exact starting and termination dates) and shall contain the certification of <br />the Clerk of the Council over the official seal of the City of Santa Ana certifying <br />that said authorization is in fact, signed by the qualified and acting City Manager, <br />shall contain a specimen signature of the person designated as such temporary <br />agent, and shall be delivered to said Bank. <br />Section 6. The City Manager, or his designee, is hereby authorized to <br />execute and submit all documents, including but not limited to applications, <br />agreements and amendments which may be required to effectuate the banking <br />services necessary for the administration of the City's demand deposit account. <br />Section 7. A certified copy of this Resolution, together with the signatures <br />of the two agents herein authorized to act in manual form and a copy of the <br />facsimile signature machine - imprint of the Executive Director of Finance and <br />Management Services certified by the Clerk of the Council to be the signatures of <br />said persons, and an imprint of the official facsimile signature plate, shall be <br />delivered to said Bank before the Vt day of January, 2017. Whenever any of <br />said agents leave the employment of the City, is absent therefrom, or <br />incapacitated for a period of time that will affect the issuance of City checks, the <br />Clerk of the Council shall notify said Bank of said fact and shall certify the names, <br />titles, and signatures of the person(s) then designated as agent(s) of the City for <br />the purpose of signing City checks in the manner hereinabove provided and shall <br />notify said Bank of every termination of such authorization immediately upon <br />receipt of such information. <br />Section 8. This Resolution shall take effect immediately upon its adoption <br />by the City Council, and the Clerk of the Council shall attest to and certify the vote <br />adopting this Resolution. <br />ADOPTED this day of 2016. <br />Miguel A. Pulido <br />Mayor <br />55E -8 <br />
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