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
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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
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City lerk