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HomeMy WebLinkAboutRES 83-310 R E S O L U T I O N WHEREAS, the City of Beaumont ( "City" ) recently awarded a depository agreement to First City National Bank of Beaumont; and, WHEREAS, the Bank requires direction as to the City officials who will have authority to deal with the funds on deposit with the Bank; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City of Beaumont open, continue and maintain one or more bank accounts with First City National Bank of Beaumont, in the name and for the use of the City of Beaumont, and deposit in said accounts from time to time any and all moneys, checks, drafts, notes, acceptances or other evidences of indebtedness which may now or hereafter be in the possession of the City of Beaumont; and that, until otherwise ordered in writing and such order placed in the hands of First City National Bank of Beaumont, said Bank be and hereby is authorized to make payments from said accounts upon and according to the check , draft, note or order of the City of Beaumont when signed by any two of the following officers of the City of Beaumont: 1 ) Karl Nollenberger, City Manager 2 ) Myrtle Corgey , City Clerk 3 ) Robert J . Nachlinger, Finance Officer BE IT FURTHER RESOLVED that any of the persons above named are authorized on behalf of the City of Beaumont and in its name to endorse, negotiate and receive, or authorize the payment of the proceeds of any negotiable or other instruments for the payment of money payable to or belonging to the City of Beaumont. BE IT FURTHER RESOLVED that the foregoing resolution shall continue in full force in effect until written notice of revocation, duly passed by the City Council of the City of Beaumont, or a certified copy of a subsequent resolution of the City Council pertaining to matters herein contained, shall have been actually received by the Bank . PASSED BY THE CITY COUNCIL of the City of Beaumont this the _ day of 19 Jr3 - Mayor - - 2 - �' 3 310