HomeMy WebLinkAboutReso - CC - 016-2003RESOLUTION NO. 16-2003
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME
AUTHORIZING SIGNATORIES TO CITY OF BURLINGAME CHECKS AND DRAFTS
RESOLVED, by the City Council of the City of Burlingame:
WHEREAS, the Bank of America requires the City to adopt a resolution in order to
allow City finds to be deposited with the Bank of America, and this Resolution is intended to
meet that requirement,
NOW, THEREFORE, IT IS ORDERED AS FOLLOWS:
1. Funds of the City of Burlingame may be deposited in the Bank of America subject to
the terms of the signature card, rules of the Bank, including all amendments or additions thereto,
all applicable laws and regulations and practices of the Bank in force from time to time, and all
service charges now or hereafter established and allowed by law.
2. The following persons are hereby authorized to sign checks, drafts, or other orders for
and on behalf of the City; the signature of one of these persons shall be required for checks,
drafts, or other orders under five thousand and no/00 dollars ($5,000.00); the signature of two of
these persons shall be required for checks, drafts, or other orders of five thousand and no/00
dollars ($5,000.00) or more.
#1
Chris H. Rogers
#5
Ann T. Musso
#2
James M. Nantell
#6
Linda Freitas
#3
Jesus Nava
#7
Mary Asturias
#4
Elizabeth A. Whittemore
#8
Sharon L. Jackson
3. Each of these people is hereby authorized to endorse checks, drafts, and other orders
for and on behalf of the City of Burlingame for deposit, encashment, or otherwise, and the Bank
of America is hereby authorized to honor and pay on account any and all checks, drafts, or other
orders signed and/or endorsed herewith, or if presented unendorsed for deposit to this account
with the Bank of America, to supply the required endorsement.
4. The City agrees that any sum at any time in this account with the Bank of America
shall be subject to right of offset for liabilities of the City of Burlingame to the Bank of America
to the extent legally permissible, and agrees further to pay the Bank of America on demand the
amount of overdrafts on this account and of Bank of America current schedule of account fees
and rates.
5. The Bank of America is authorized to hold all statements and vouchers until called
for, and if not called within thirty (30) days, the Bank of America is authorized to mail
statements.
1400,611
I, ANN T. MUSSO, City Clerk of the City of Burlingame, do hereby certify that the foregoing
resolution was introduced at a regular meeting of the City Council held on the3rr day of Febrn.ary, ,
2003, and was adopted thereafter by the following vote:
AYES: COUNCILMEMBERS: BAYLoCK, Com, GALLTSAN, JANNEY, owmAHONY
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
� ITY CLERK