2009-37 i
i
I
RESOLUTION NO. 2009-37
A RESOLUTION OF THE-CITY COUNCIL OF THE
CITY OF GRAND.TERRACE; CALIFORNIA,AUTHORIZING
SIGNERS FOR BANK OF AMERICA BANK ACCOUNTS
WHEREAS,the City of Grand Terrace is a municipal corporation 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 City of Grand Terrace needs to update its signature card(s)periodically
with Bank of America due to changes in city staff or changes-in staff duties; and
i
WHEREAS,the City Council designates the City Manager; Acting City Manager, if so
designated, City Clerk and Finance Director as authorized signers on the Bank of.
America bank accounts; and
r- WHEREAS, Bank of America requires the City to adopt a corporate resolution and
I authorization to designate authorized signers on bank accounts;
THEREFORE, THE CITY COUNCIL OF THE CITY OF GRAND TERRACE
HEREBY RESOLVES THE FOLLOWING:
1)All previous resolutions of designated authorized signers for the City of Grand Terrace
with Bank of America are hereby revoked.
2)Remove Former Acting City Manager as an authorized signer and authorize signers on
Bank of America accounts as:
Position Individual Name
City Manager (Vacant)
Acting City Manager Bernard Simon
Community and Economic
Dev Director Joyce Powers .
City Clerk ., Brenda Mesa-
Finance Director Bernard Simon
3)Any One of the individuals named as authorized signers acting on behalf of the City of
Grand Terrace-is authorized to execute documents on behalf of the City.
4) Any Two of the individuals named as authorizedsigners acting on behalf,of the City of
Grand Terrace is authorized to checks!on behalf of the City.
i
5) Authorize the procurement and use of a'signature stamp. All checks will require two
signatures, except in the case of emergencies, when the signature stamp of the
Acting City Manager may be used.
APPROVED AND ADOPTED this 11th day of August 2009.
Ayes: Councilmembers Cortes, Miller and Stanckiewitz; Mayor Pro Tem Garcia
and Mayor Ferre
Noes: None
Abstain: None
Absent: None
Mayor
ATTEST:
City Clerk
I