HomeMy WebLinkAboutReso - CC - 036-1991RESOLUTION NO.
RESOLUTION AUTHORIZING SIGNATURES ON CITY CHECKS
AND DRAFTS
RESOLVED, by the CITY'COUNCIL of the CITY OF BURLINGAME that:
Funds of this corporation be deposited in 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 the practices of the Bank in force from
time to time, and all service charges now or hereafter established,
and that any ONE from Group A for checks under $5,000.00. -•`A
1. Joseph E. Harvey or; 2. Dennis Argyres or; 3. Rahn A. Becker or;
4. Judith A. Malfatti or; Linda Lee or any TWO from Group B for checks
over $5,000.00 "B":
#1.
Joseph E. Harvey or
#4.
Judith A. Malfatti or
#2.
Dennis Argyres or
#5.
Linda Freitas or
#3.
Rahn Becker or
#6.
Linda Lee
be and they are hereby authorized to sign checks, drafts or other
orders for and on behalf of this corporation, and that each of them
be and he is hereby authorized to endorse checks, drafts and other
orders for and on behalf of this corporation for deposit, enchash-
ment.or otherwise, and said Bank is hereby authorized to honor and
pay on account any and all checks, drafts or other orders signed
and/or endorsed in accordance herewith, or if presented unendorsed
for deposit to this account, to supply the required endorsement.
This corporation agrees that any sums at anytime in this account shall
be subject to RIGHT OF OFFSET for liabilities of this corporation to
said Bank to the extent legally permissible, and agrees further to pay
said Bank on demand the amount of any OVERDRAFTS on said account, and
ACKNOWLEDGES RECEIPT OF A COPY OF BA14K OF AMERICA
CURRENT SCHEDULE OF ACCOUNT FEES AND RATES.
RESOLVED further, that Bank is authorized to:
HOLD all statements and vouchers until called for. If not called for
within thirty (30) days, Bank is authorized to mail statements.
Mayor
I, JUDITH A. MALFATTI, 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 18th day of March ,
1991, and was adopted thereafter by the following vote:
AYES: COUNCILMEMBERS: BARTON, HARRISON, LEMBI, O-MAHONY, PAGLIARO
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
&L) P WA P W -e -
City Clerk