HomeMy WebLinkAboutRES 86-157 /S
R E S O L U T I O N
WHEREAS, Albert E . Haines, City Manager; Betty Dunkerloy,
Finance; and Walter Thomas, Auditing, have been designated as those
persons who are authorized to sign checks, drafts, notes or orders
of the City of Beaumont on accounts at Texas Commerce Bank -
Beaumont, effective October 1 , 1985; and,
WHEREAS, facsimile signatures are used on checks drawn in
the name of the City of Beaumont;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT First City National Bank, Texas Commerce Bank, InterFirst
Bank , InterFirst West, First City National Bank - Gateway, First
City National Bank - Central, Lamar State Bank, Parkdale Bank,
M-Bank , Allied Bank , and Beaumont Bank , banking associations
domiciled in Beaumont, Jefferson County, Texas, are hereby
authorized and directed from and after May 13, 1986, without
further inquiry , to honor as genuine and authorized instruments of
the city, any and all checks, drafts or other orders drawn in the
name of the city when bearing the facsimile signature of any two
(2 ) of the following:
Albert E. Haines
Betty Dunkerley
Walter Thomas
BE IT FURTHER RESOLVED that the "Collection Agency
Escrow" Account No . 0823443 shall have the following signatories
effective May 13, 1986:
A& /-'5--7 d -��
Lucy Blackstock
Albert E. Haines
Betty Dunkerley
BE IT FURTHER RESOLVED that the city assumes full
responsibility for any and all payments made by the Banks in
reliance upon instruments bearing the facsimile signature of any
two ( 2 ) of the persons named in this resolution regardless of who
placed it on the instrument or how it was placed on the
instrument.
BE IT FURTHER RESOLVED, that the foregoing is not
intended to limit any authority or instructions previously given to
the Bank by the city to honor or recognize handwritten signatures,
but the foregoing does supersede any authority previously given to
the Bank by the city to honor or recognize facsimile signatures.
BE IT FURTHER RESOLVED that the City Clerk of the city is
hereby authorized and directed to deliver and to certify to the
Bank specimens of the facsimile signatures of the above-named
persons.
BE IT FURTHER RESOLVED that the authority given to the
above-named persons shall remain irrevocable so far as the Bank is
concerned unless and until the Bank is notified in writing of the
revocation of such authority and has, in writing, acknowledged
receipt of such notification.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the &Z4 day of 1986.
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Mayor -
2 -