My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R98-84 AUTHORIZING CORPORATE DEPOSIT ACCOUNT
COD
>
City Clerk
>
RESOLUTIONS
>
1998
>
R98-84 AUTHORIZING CORPORATE DEPOSIT ACCOUNT
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/12/2016 10:12:22 AM
Creation date
4/12/2016 10:12:21 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R98-84
Res Ord Title
AUTHORIZING CORPORATE DEPOSIT ACCOUNT - LEBRARY BOND FUND
Approved Date
6/29/1998
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
6
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
�-- — - - - - - - - - - - - - <br /> � ' � <br /> 6. That as and when,in the opinion of any of the authorized officers and agents,the needs of the Corporation require <br /> it,one or more safe deposit boxes be rented from Bank and night depository arrangements be made with Bank,and <br /> said officer or agent is authorized and directed to enter into safe deposit box rental agreements and night depository <br /> agreements wfth Bank, on terms and condftions satisfactory to Bank, and said officer or agent is authorized to <br /> designate who shall have the right to enter any safe deposit box and who may act on behalf of this Corporation under <br /> any night depository agreement; and <br /> 7. That Bank is hereby requested, authorized and directed to recognize the facsimile signature of any of the <br /> authorized officers and agents,as the valid and authorized signature of the Corporation with respect to any and all <br /> transactions relating to the account(s). It shall be the sole repsonsibility of the Corporation to restrict access to any <br /> stamp or machine used to reproduce the facsimile signature(s)to those persons authorized by the Corporation to <br /> affix the facsimile signature(s)to documents and instruments. The Bank shall not be required to inquire into the <br /> authority of any person affixing the facsimile signature(s) to any check, draft, instrument or othe� document <br /> presented to Bank with respect to the account(s). The Corporation releases and agrees to indemn'rfy and hold <br /> harmless Bank from any claims,charges,expenses and liabilities arising from, relating to o�in connection wfth the <br /> acceptance of any document bearing or purporting to bear the facsimile signature(s). This authorization will remain <br /> valid with respect to all checks, drafts, instruments and other documents executed by means of the facsimile <br /> signature(s)prior to the date that written termination of this authorization is received bythe Bank,regardless of when <br /> such check, draft, instrument or other document is received by the Bank; and <br /> 8. That the c:��y (:1 erk shall certify to Bank the names and signatures of those authorized to act by the <br /> foregoing re���tj��and shall from time to time hereafter, as changes in the identity of such persons take place, � <br /> immediately report and furnish such changes of name and signature to Bank,and Bank shall be fully protected in , <br /> relying upon such certification or notice and shall be indemn'rfied and saved harmless by the Corporation from any , <br /> claims, demands, expenses, loss or damage, directly or indirectly, resufting from or growing out of honoring the ' <br /> signature of any person so cert'rfied or for refusing to honor any signature not so cert'rfied; and I <br /> 9. That these resolutions shall remain in full force and effect, and Bank is authorized and directed to continue to �� <br /> rely hereon and act hereunder, regardless of any other notice to the contrary, until Bank shall have received a <br /> certified copy of resolutions duly adopted by the Board of Directors of this Corporation revoking, amending or <br /> otherwise changing these resolutions; and ��, <br /> I further certify that the following are the names and titles of those persons authorized to act by the foregoing <br /> resolutions. <br /> Name James L. Williams, Jr. T�1e City Manager <br /> : <br /> Beth B. Couter Treasurer <br /> Patty Hansen Comptroller <br /> In Witness Whereof, I have hereunto subscribed my name and affixed the seal of this Corporation,this 30th <br /> day of .7une , 19�8 . <br /> — `� / <br /> , ���,� <br /> (S EAL) Secretary <br />
The URL can be used to link to this page
Your browser does not support the video tag.