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RESOLUTION NO. R96-45 <br /> RESOLUTION ESTABLISHING JOINT CUSTODY ACCOUNT <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, ILLINOIS: <br /> Section 1. That the First of America Bank - Illinois, N.A. utilize the services of Federal <br /> Reserve Bank of Chicago for the custody of securities pledged to the City of Decatur or to any of its <br /> agencies or departments, upon terms and conditions prescribed by the Federal Reserve Bank of <br /> Chicago. <br /> Section 2. That such securities deposited for custody with Federal Reserve Bank of Chicago <br /> may be released from custody to First of America Bank - Illinois N.A. upon the signature of any one <br /> of the following: <br /> Treasurer <br /> Accounting Supervisor <br /> Section 3. That the Decatur City Clerk forward a certified copy of this Resolution to Federal <br /> Reserve Bank of Chicago together with a certificate attesting to the names and signatures of the <br /> present incumbents of the offices described above; and that the Decatur City Clerk further certify to <br /> the bank from time to time the si�natures of any successors in of�ice of any of the present incumbents. <br /> Section 4. That Federal Reserve Bank of Chicago shall be fully discharged of all liabilities or <br /> responsibility for any action carried out in accordance with this resolution and it shall be entitled to <br /> rely on this resolution until it receives express written notice to the contrary in the form of a certified <br /> copy of a subsequently enacted resolution. <br /> Section 5. That this resolution shall supersede and cancel all previous resolutions relating to <br /> the custody of securities at Federal Reserve Bank of Chicago. <br /> PRESENTED AND ADOPTED this 22nd day of April, 1996. <br /> '-�,, <br /> ��„�,""...�-�-�"'",�—" <br /> TERRY ��;E <br /> 1�YOR <br /> ATTEST: <br /> � <br /> CI Y CLER <br />