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R96-141 AUTHORIZING SIGNATORY REPRESENTATIVES
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R96-141 AUTHORIZING SIGNATORY REPRESENTATIVES
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Last modified
5/3/2016 2:30:10 PM
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5/3/2016 2:30:10 PM
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Resolution/Ordinance
Res Ord Num
R96-141
Res Ord Title
AUTHORIZING SIGNATORY REPRESENTATIVES FOR FUNDS WITH THE FOLLOWING DESIGNATED DEPOSITORIES
Approved Date
10/21/1996
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� �� ������ j���- /� <br /> . � /�� r � <br /> � <br /> �_�- �� �1<<� <br /> , <br /> RESOLUTION NO. R96-141 <br /> RESOLUTION AUTHORIZING SIGNATORY REPRESENTATIVES FOR <br /> FUNDS WITH THE FOLLOWING DESIGNATED DEPOSITORIES <br /> BE IT RESOLVED, BY TI� CITY COUNCII, OF THE CITY OF DECATUR, <br /> II.LINOIS: <br /> Section 1. That the following officers of the City of Decatur, Illinois, ("Depositor"): <br /> 7ames L. Williams, Jr., City Manager <br /> Beth B. Couter, Treasurer and Director of Financial Management <br /> Patricia L. Hansen, Comptroller <br /> are hereby designated as "Signatory Representatives" and authorized, for and on behalf of the <br /> Depositor: (1) to deliver to the depositories the Corporate Deposit Account Resolution at each <br /> of the designated depositories; (2) to sign bank signatory cards for each bank account, either <br /> checking or deposit accounts or certificates of deposit, to be opened and maintained on behalf of <br /> or held in the name of the City of Decatur, Illinois at each of the designated depositories; (3) to <br /> authorize payments through electronic entries through the ACH Funds Transfers system <br /> consisting of the National Automated Clearing House Association, any local automated <br /> clearinghouse, and the Federal Reserve banks; and (4) to authorize the wire transfers from and <br /> into the checking and deposit accounts held in the name of the City of Decatur, Illinois at the <br /> following designated depositories. <br />' Section 2. The following named banks or other depositories be, and they are hereby, <br /> designated depositories of the City: <br /> Decatur. Illinois <br /> Central Illinois Bank <br /> First of America Bank-Decatur,N.A. <br /> Magna Bank <br /> First National Bank of Decatur <br /> Soy Capital Bank and Trust <br /> Sprin�field. Illinois <br /> Illinois Public Treasurer Investment Pool <br />
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