R98-84 AUTHORIZING CORPORATE DEPOSIT ACCOUNT

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�� ' //�, MAGNA :��b70291� DDA V►� QANK CORPORATE DEPOSIT ACCOUNT RESOLUTION MAGNA BANK,N.A. Name of Corporation CITY OF DECATUR, ILLINOIS CITY OF �ECATUR LIBRARY BOND FUND the "Co ' ( rporation ) LISRARY BOND FUND Street Address One Gary K. Anderson Plaza ? CIVIC CENTzR ?Ll City Decatur State Illinois Z�p 62523 ;cCATUR :L 5252� I,the undersigned, hereby certify that i am the Secretary of the Corporation, which is duly organized and existing and now in good standing under the laws of the State of incorporation identified above;that the following is a true copy of resolutions duly adopted by the Board of Directors of the Corporation at a meeting duly called and held on the2?naday of June �g 98 in accordance with the Articles of Incorporation and By-Laws of the Corporation at which a quorum was present and acted throughout and that such resolutions have not been rescinded or modified and are now in full force and effect: RESOLVED; 1. That Magna Bank,N.A.(the"Bank"),is hereby designated as a depository of the Corporation and that one or more checking or deposit acco�nts�.ce�tificates of deposit be opened and maintained on behaff of the Corporation with Bank and that all checks,�� s�;and other orders for the payment of money from said accounts shall be signed by the: (insert titles of authorized officers and agents) City Manager * Treasurer comptroller (the"authorized officers and agents") I 2. That any authorized officer or agent of the Corporation is hereby authorized and directed to enter into any required agreement(s) with Bank subject to the terms and conditions of Bank from time to time in effect as to each such account; and 3. That Bank is hereby directed and authorized to honor,pay and charge against said account(s)any and all checks or orders for the payment of money when signed as provided above, even though payment may create or increase an overdraft and without any duty of inquiry as to the circumstances of issue, or disposition of the proceeds, and regardless of to whom such instruments are payable or endorsed,including instruments payable or endorsed to any officer or agent of the Corporation, or any person authorized to sign, or to Bank,or bearer, or cash, or otherwise and tendered for cashing, or in payment of the individual obligation of such officer or agent, or person signing, or for deposit to his pe�sonal account; and 4. That any officer or agent of the Corporation is authorized to endorse for deposit,or collection,or negotiation any and all checks,drafts,notes,bills of exchange,and other orders or instruments forthe payment of money,belonging to or coming into the possession of the Corporation, which endorsements may be made in wrfting or by stamp or otherwise,and without designation of the person so endorsing;that any such instrument may be deposited without endorsement,orthe endorsement of this Corporation may be supplied by Bank,in eitherof which events the liability of this Corporation thereon shall be the same as'rf actually endorsed by this Corporation;that any items accepted for deposit to the account which are returned unpaid may be charged against the account or any other account of the Corporation; and 5. That the Corporation may from time to time enter into operating, cash management,funds transfer, and oiher agreements relating to checking or deposit accounts with Bank and that each of the authorized officers and agents, or any of them, are hereby authorized to execute, amend, supplement and deliver to Bank, agreements and to transact such other business on behalf of the Corporation upon such terms and conditions as they may desm appropriate, and to appoint and delegate, from time to time, such persons who may be authorized to request transfer(s) of funds on behalf of the Corporation and take any other actions pursuant to such agreements; and NA6013