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2009-46 1 RESOLUTION NO. 2009-46 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 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 WHEREAS,Bank of America requires the City to adopt a corporate resolution and authorization to designate authorized signers on bank accounts; THEREFORE, THE CITY COUNCIL 13F 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 revoied. 2) Add City Manager as an authorized signer and authorize signers on Bank of America accounts as: Position Individual Name City Manager Bets M. Adams Finance Director Bernard Simon Community and Economic Dev Director Joyce Powers City Clerk Brenda Mesa 3) Any One of the individuals named as at ithorized signers acting on behalf of the City of Grand Terrace is authorized to executa documents on behalf of the City. 4) Any Two of the individuals named as authorized signers acting on behalf of the City of Grand Terrace is authorized to sign &ecks on behalf of the City. 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 8th day of December 2009. A Mayor o e City of Grand Terrace Attest: Ci y Clerk of the City of Grand Terrace I, BRENDA MESA, City Clerk of;he City of Grand Terrace, do hereby certify that Resolution No. 2009- 46 was introduced and adopted at a regular meeting of the City Council of the City of Grand Terrace held on the Bch day of December, 2009, by the following vote: AYES: Councilmembers Cortes, Miller and Stanckiewitz; Mayor Pro Tem Garcia and Mayox Ferre NOES: None ABSENT: None ABSTAIN: None Brenda Mesa, City Clerk Approved as to form: City Attorney U�