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R2001-148 RENEWING JOINT CUSTODY ACCOUNT AUTHORIZATION
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R2001-148 RENEWING JOINT CUSTODY ACCOUNT AUTHORIZATION
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1/21/2016 3:28:56 PM
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1/21/2016 3:28:56 PM
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Resolution/Ordinance
Res Ord Num
R2001-148
Res Ord Title
RENEWING JOINT CUSTODY ACCOUNT AUTHORIZATION FEDERAL RESERVE BANK OF CHICAGO - FIRST NATIONAL BANK OF DECATUR
Approved Date
8/6/2001
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• � . <br /> RESOLUTION NO. R2001-148 <br /> RESOLUTION RENEWING <br /> JOINT CUSTODY ACCOUNT AUTHORIZATION <br /> FEDERAL RESERVE BANK OF CHICAGO <br /> -FIRST NATIONAL BANK OF DECATUR- <br /> BE IT RESOLVED BY THE COUNCIL OF THE CITY OF DECATUR, ILLINOIS: <br /> Section 1. That the First National Bank of Decatur utilize the services of the Federal <br /> Reserve Bank of Chicago for the custody of securities pledged to the City of Decatur, Illinois or <br /> to any of its agencies or departments,upon terms and conditions prescribe by the Federal Reserve <br /> Bank of Chicago. <br /> Section 2. That such securities deposited for custody with the Federal Reserve Bank of <br /> Chicago may be accepted or released from custody to First National Bank of Decatur upon the <br /> signature of the Finance Director or Comptroller. <br /> Section 3. That the City Clerk forwazd a certified copy of this Resolution to the First <br /> National Bank of Decatur together with a certificate attesting to the names and signatures of the <br /> present incumbents of the offices described above, and that the City Clerk further certify to the <br /> bank from time to time the signatures of any successors in office of any of the present <br /> incumbents. <br /> Section 4. That the Federal Reserve Bank of Chicago shall be fully discharged from all <br /> liabilities or responsibility for any action carried out in accordance with the Resolution and it <br /> shall be entitled to rely on this Resolution until it receives express written notice to the contrary <br /> in the form of a certified copy of a subsequently enacted Resolution. <br /> Section 5. That this Resolution shall supersede and cancel all previous Resolutions <br /> relating to�he custody of securities at the Federal Reserve Bank of Chicago. <br /> PRESENTED arid ADOPTED this 6th day of August, 2001. <br /> 4''�--'� <br /> TERRY M. OWLE <br /> ATTEST: <br /> / __----��r <br /> ��� ' . �' ,� � <br /> �c_ c�L/l ,� <br /> CITY CLERK <br />
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