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' ' ///, MAG NA �580102918 DDA
<br /> V►� L3ANK CORPORATE DEPOSIT ACCOUNT RESOLUTION MAGNA BANK,NJ1. '
<br /> Name of Corporation CITY OF DECATUR, ILLINOIS �i
<br /> CITY 0� DECATUR I,
<br /> LIBRARY BON� FUND (the "Corporation") �
<br /> LIBRARY BOND FUND
<br /> Street Address One Gary K. Anderson Plaza
<br /> 1 CIVIC CENTE3 PLI
<br /> C�y Decatur State Illinois Z�p 62523
<br /> 2:�ATUR :! 6252;;
<br /> I, the undersigned, hereby cert'rfy that I am the Secretary of the Corporation, which is duly organized and existing
<br /> and now in good standing under the laws of the State of incorporation identified above;that the following is a true
<br /> copy of resolutions duly adopted by the Board of Directors of the Corporation at a meeting duly called and held on
<br /> the Z?n�fay of June �g 98 in accordance with the Articles of Incorporation and By-Laws of the
<br /> Corporation at which a quorum was present and acted throughout and that such resolutions have not been rescinded
<br /> or modified and are now in full force and effect:
<br /> ' RESOLVED;
<br /> 1. That Magna Bank,N.A.(the"8ank"),is hereby designated as a depository of the Corporation and that one or more
<br /> checking or deposit acco�t,�,prycertificates of deposit be opened and maintained on behalf of the Corporation with
<br /> Bank and that all checks; ���'�, and other orders for the payment of money from said accounts shall be signed by
<br /> I the: (insert titles of authorized officers and agents)
<br /> Citv Mana�er
<br /> x
<br /> Treasurer
<br />' Comptroller (the "authorized officers and agents")
<br /> 2. That any authorized officer or agent of the Corporation is hereby authorized and directed to enter into any required
<br /> agreement(s) with Bank subject to the terms and conditions of Bank from time to time in effect as to each such
<br /> account; and
<br /> 3. That Bank is hereby directed and authorized to honor,pay and charge against said account(s)any and all checks
<br /> or orders for the payment of money when signed as provided above, even though payment may create or inc�ease
<br /> an overdraft and without any duty of inquiry as to the circumstances of issue, or disposition of the proceeds, and
<br /> regardless of to whom such instruments are payable or endorsed,including instruments payable or endorsed to any
<br /> officer or agent of the Corporation, or any person authorized to sign, or to Bank,or bearer, or cash, or otherwise
<br /> and tendered for cashing, or in payment of the individual obligation of such officer or agent, or person signing, or
<br /> for deposit to his personal account; and
<br /> 4. That any officer or agent of the Corporation is authorized to endorse for deposit,or collection,or negotiation any
<br /> and all checks,drafts,notes,bills of exchange,and other orders or instruments forthe payment of money,belonging
<br /> to or coming into the possession of the Corporation, which endorsements may be made in writing or by stamp or
<br /> otherwise,and without designation of the person so endorsing;that any such instrument may be deposfted without
<br /> endorsement,or the endorsement of this Corporation may be supplied by Bank,in either of which events the liability
<br /> of this Corporation thereon shall be the same as'rf actually endorsed by this Corporation;that any items accepted
<br /> for deposit to the account which are returned unpaid may be charged against the account or any other account of
<br /> the Corporation; and
<br /> 5. That the Corporation may from time to time enter into operating, cash management,funds transfer, and other
<br /> agreements relating to checking or deposit accounts with Bank and that each of the authorized officers and agents,
<br /> or any of them, are hereby authorized to execute, amend, supplement and deliver to Bank, agreements and to
<br /> transact such other business on behalf of the Corporation upon such terms and conditions as they may deem
<br /> appropriate, and to appoint and delegate, from time to time, such persons who may be authorized to request
<br /> transfer(s) of funds on behalf of the Corporation and take any other actions pursuant to such agreements; and
<br /> NA6013
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