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HomeMy WebLinkAboutReso - CC - 037-1984that: RESOLUTION NO. 37-84 RESOLUTION AUTHORIZING SIGNATURES ON CITY CHECKS AND DRAFTS RESOLVED, by the CITY COUNCIL of the CITY OF BURLINGAME Funds of this corporation be deposited in FIRST INTER- STATE BANK OF CALIFORNIA subject to the terms of the signature card, the 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. Herbert L. Sommer or 2. Dennis Argyres or 3. Helen Fricke or 4. Judith A. Malfatti or anv TWO from Group B for checks over $5,000.00. #1. Herbert L. Sommer or #2. Dennis Argvres or #3. Helen Fricke or 04. Judith A. Malfatti or #5. Teri Lee Lawler 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, encashment or otherwise, and said Bank is hereby authoriz to honor and pav 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 5/31/84 11 -1- amount of any OVERDRAFTS on said account, and ACKNOWLEDGES RECEIPT OF A COPY OF FIRST INTERSTATE BANK OF CALIFORNIA'S 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. a� Mayo 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 4th day of_ June 1984, and was adopted thereafter by the following vote: AYES: COUNCILMEN: AMSTRUP, BARTON, MANGINI, MARTIN, PAGLIARO NOES: COUNCILMEN: NONE ABSENT: COUNCILMEN: NONE -2- City lerk