2016-091 - JP Morgan Chase Bank N.A as the Depository for City of Santa Ana

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LS 11.28.16 Section 5. The City Manager is hereby authorized to designate in writing agents who shall be authorized to sign City checks for the payment or withdrawal of said funds when, due to physical absence, incapacity or death of any of said authorized signatories, it may be necessary on a temporary basis to provide other means for the signing of City checks, and/or for the payment or withdrawal of said funds. Any such authorization shall set forth the necessity for such designation, the period of time during which said authorization shall continue (by giving the exact starting and termination dates) and shall contain the certification of the Clerk of the Council over the official seal of the City of Santa Ana certifying that said authorization is in fact, signed by the qualified and acting City Manager, shall contain a specimen signature of the person designated as such temporary agent, and shall be delivered to said Bank. Section 6. The City Manager, or his designee, is hereby authorized to execute and submit all documents, including but not limited to applications, agreements and amendments which may be required to effectuate the banking services necessary for the administration of the City's demand deposit account. Section 7. A certified copy of this Resolution, together with the signatures of the two agents herein authorized to act in manual form and a copy of the facsimile signature machine-imprint of the Executive Director of Finance and Management Services certified by the Clerk of the Council to be the signatures of said persons, and an imprint of the official facsimile signature plate, shall be delivered to said Bank before the 1st day of January, 2017. Whenever any of said agents leave the employment of the City, is absent therefrom, or incapacitated for a period of time that will affect the issuance of City checks, the Clerk of the Council shall notify said Bank of said fact and shall certify the names, titles, and signatures of the person(s) then designated as agerit(s)-of theCity-for-thepurpose-of signtr City-checksHnrthe-manrrerhereinabove provided and shall notify said Bank of every termination of such authorization immediately upon receipt of such information. Section 8. This Resolution shall take effect immediately upon its adoption by the City Council, and the Clerk of the Council shall attest to and certify the vote adopting this Resolution. ADOPTED this 6th day of December, 2016. 7-?4,;&C, fijuel A. P lido 6/Mayor APPROVED AS TO FORM: Sonia R. Carvalho, City Attorney By: c Lisa Storck Assistant City Attorney Resolution No. 2016-091 Page 2 of 3