2015-02 RESOLUTION NO. 2015-02
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
SUCCESSOR AGENCY, AUTHORIZING SIGNERS FOR THE
BANK OF AMERICA BANK ACCOUNT FOR THE
SUCCESSOR AGENCY OF GRAND TERRACE COMMUNITY
REDEVELOPMENT AGENCY
WHEREAS, the Successor Agency of the Grand Terrace Community Redevelopment
Agency ("Successor Agency") is a public agency established under the laws of the State of
California; and
WHEREAS, Bank of America is a federally chartered bank under the laws of the United
States; and
WHEREAS, the Board of Directors of the Successor Agency desires to establish a
separate bank account for funds of the Successor Agency of the Grand Terrace Community
Redevelopment Agency; and
WHEREAS, the Board of Directors of the Successor Agency designates the Agency
Director, Agency Finance Director and Agency Principal Accountant as authorized signers on
the Bank of America bank accounts; and
WHEREAS, Bank of America requires the Successor Agency to adopt a corporate
resolution and authorization to designate authorized signers on bank accounts;
THEREFORE, THE BOARD OF DIRECTORS OF THE SUCCESSOR.AGENCY HEREBY
RESOLVES THE FOLLOWING:
Section 1 - All previous resolutions of designated authorized signers with Bank of
America are hereby revoked.
Section 2—Authorized account signers on Bank of America accounts are as follows:
Position Individual Name
Agency Director G. Harold Duffey
Agency Finance Director Cynthia A. Fortune
Agency Principal Accountant Domilena R. Gonzales
Section 3 - Any one of the individuals named as an authorized signer acting on behalf of
the Successor Agency, is authorized to execute documents on behalf of the City.
Section 4 - Any two of the individuals named as authorized signers acting on behalf of
the Successor Agency, are authorized to sign checks on behalf of the City.
Section 5 -The Agency Secretary shall certify to the adoption of this resolution.
S.A. RESOLUTION NO. 2015-02 PAGE 1 OF 2 JUNE 9, 2015
PASSED,APPROVED AND ADOPTED this 91h day of June, 2015.
ATTEST:
Pat Jac�t[�s, Se&e ary Qugq�ces
rcy�McNab , Chairperson,
Successor Age s ncy
I, Pat Jacquez-Nares, Agency Secretary, do hereby certify that Resolution No. 2015-02 as
introduced and adopted at a regular meeting of the Board of Directors of the Successor Agency
of the Grand Terrace Community Redevelopment Agency, on the 9a' day of June, 2015, by the
following vote:
AYES: Agency Members Mitchell, Hussey, Wilson, Vice Chair Robles,
Chair McNaboe
NOES: None
ABSENT: None
ABSTAIN: None
Pat Ja arergen ec/etary
Approved as to form:
Richard L. Adams, Agency Counsel
S.A. RESOLUTION NO. 2015-02 PAGE 2 OF 2 JUNE 9, 2015