HomeMy WebLinkAboutReso - CC - 008-2001RESOLUTION NO. 08-2001
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 funds 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 over five thousand and no/00 dollars
($5,000.00).
#1
Chris H. Rogers
#5
Ann T. Musso
#2
James M. Nantell
46
Linda Freitas
#3
Rahn Becker
#7
Linda Lee
#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.
YO
I, ANN T. NNSSO, 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 the 17 day of JANUARY
2001, and was adopted thereafter by the following vote:
AYES: COUNCILMEMRERS: COFFEY, GALLIGAN, JANNEY, O'MAHONY, SPINELLI
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCHA EMBERS: NONE
CITY CLERK