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2021-29 RESOLUTION NO. 2021-29 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, AUTHORIZING SIGNERS FOR THE CITY'S BANK OF AMERICA BANK ACCOUNTS WHEREAS, the .City of Grand Terrace ("City") 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 Interim City Manager and Interim Finance Director as authorized signers on the City's 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 the bank accounts; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Grand Terrace, as follows: Section 1. All previous resolutions of designated authorized signers for the City of Grand Terrace with Bank of America are hereby revoked. Section 2. Authorized account signers on Bank of America accounts are as follows: Position Individual Name Interim City Manager G. Michael Milhiser Interim Finance Director Terry Shea Section 3. Any one of the individuals named as an authorized signer acting on behalf of the City of Grand Terrace 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 City of Grand Terrace are authorized to sign checks on behalf of the City. CC Reso No. 2021-29 Page 1 of 2 August 10, 2021 Section 5. This Resolution shall take effect immediately upon its adoption and the City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED AND ADOPTED by the City Council of the City of Grand Terrace, California, at its regular meeting held on the 10th day of August 2021. D cy May ATTEST:- Debra L. Thomas City Clerk APPROVED AS TO RM: Adrian Guerra City Attorney CC Reso No. 2021-29 Page 2 of 2 August 10, 2021 STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) CITY OF GRAND TERRACE ) I Debra L. Thomas, City Clerk of the CITY OF GRAND TERRACE, CALIFORNIA, DO HEREBY CERTIFY that the foregoing Resolution, being Resolution No. 2021-29 was duly passed, approved and adopted by the City Council, approved and signed by the Mayor, and attested by the City Clerk, at the regular meeting .of said City Council held on the 10t" day of August 2021, and that the same was passed and adopted by the following vote: AYES: Council Members Allen, Wilson, Robles; Mayor McNaboe NOES: None. ABSENT: Mayor Pro Tern Hussey ABSTAIN: None. Executed this 12th day of August 2021, at Grand Terrace, California. ebra L. Thomas City Clerk