RES-7872 Designating Municipal Officers Authorized to Establish and Sign Documentation for City Bank AccountsRESOLUTION NO. 7872
A RESOLUTION OF THB CITY COUNCIL OF THE
CITY OF ORANGB DESIGNATING MUNICIPAL
OFFXCERS AUTHORIZBD TO BSTABLISH AND
SIGN DOCUMENTATION POR CITY BANlt ACCOUNTS.
BE IT RESOLVED, that the city of Orange authorizes the
Mayor and the Director of Finance, acting jointly, to
establish bank accounts at various financial institutions as
needed.
BE IT FURTHER RESOLVED, the city council designates the
Mayor or the Director of Finance as those authorized to sign
either manually or by facsimile, any and all documents for
deposit or withdrawal of funds on bank accounts established
by the city of Orange.
BE IT FURTHER RESOLVED, that this authorization shall
remain effective until the bank receives a certified copy of
a resolution of the City of Orange to the contrary; that all
previous authorizations heretofore given with respect to
said account(s) are revoked; and that the revocation of this
or of any previous authorization with respect to said
account(s) shall not affect the validity of any item signed
or endorsed by any person or persons authorized to act at
the time of signature.
BE IT FURTHER RESOLVED, that the City Council may by
further resolution authorize additional city Officers to act
as additional joint or several signatories on specified
accounts or types of accounts.
ADOPTED this 27th day of Au ust 1991.
ATTEST:
of the
J~~~ ()~~41
city Cler of CJfe ty of Orange
I hereby certify that the foregoing Resolution was duly
and regularly adopted by the City Council of the City of
Orange at a regular meeting thereof held on the 27th day
of AUQUst ,1991, by the following vote:
AYES:COUNCIL MEMBERS: STEINER, BARRERA, MAYOR BEYER, COONTZ, SPURGEON
NOES:COUNCIL MEMBERS: NONE
ABSENT:COUNCIL MEMBERS: NONE
1d-Y/~
Q ~city Clerk t e~ityt1of
Orange Reso.No.7872 2 -aj