HomeMy WebLinkAbout90-47 - Security Pacific National Bank - Designated DepositoryRESOLUTION NO. 90-47
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF COSTA MESA, CALIFORNIA, AUTHORIZING SECURITY
PACIFIC NATIONAL BANK AS A DESIGNATED DEPOSITARY
TO HONOR ALL CHECKS, DRAFTS OR OTHER ORDERS FOR
PAYMENT OF MONEY DRAWN IN THE CITY'S NAME ON ALL
ITS ACCOUNTS WHEN BEARING OR PURPORTING TO BEAR
THE FACSIMILE SIGNATURE(S) OF THOSE INDIVIDUAiS
NAMED BELOW.
WHEREAS, the City of Costa Mesa is desirous of utilizing facsimile
signatures on its General and Payroll Accounts;
NOW, THEREFORE be it resolved that SECURITY PACIFIC NATIONAL BANK as
a designated depositary of this City, and its correspondent banks, are
hereby requested, authorized and directed to honor all checks, drafts or
other orders for the payment of money drawn in this City's name on its
General and Payroll Accounts, including these drawn to the individual order
of any person or persons whose names appear thereon as signer or signers
thereof, when bearing or nurporti_ng to bear the facsimile signature(s) of
the following City officials:
Susan L. Temple
Director of Finan City/Treasurer
E leen P. Phinney
City Clerk
and said Bank, including its correspondent ranks, shall be entitled to
honor and to charge this City for all such checks, drafts or other orders
for the payment of money, regardless of by whom or by what means the actual
or purported. facsimile signature or signature(s) hereon may have been
affixed thereto, if such facsimile signature or signatures) resemble the '
facsimile specimens from time to time filed with said Bank by the Secretary
or other officer of this City; and FURTHER RESOLVED: That all previous
authorizations for the signiTr and honoring of checks, drafts or other
orders for the payment of money drawn on said Bank by this City are hereby
continued in full force and effect as amplified hereby.
PASSED AND ADOPTED this 4th day of June, 1990.
Mayor of the City )b4 Costa Mesa
ATTEST:
City Clerk of the City of Costa M,4sa
STATE OF CALIFORNIA
COUNTY OF ORANGE ) ss.
CITY OF COSTA MESA )
I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City
Council of the City of Costa Mesa., hereby certify that the above and fore-
going Resolution No. 90-47 was duly and regularly passed and adepted by the
said City Council at a regular meeting thereof, held on the 4th day of
June, 1990.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal
of the City of Costa Mesa this 5th day of June, 1990.
City Clerk and ex --officio Clerk f the
City Council of the City of Cor
a Mesa
RESCLI-ITIOlt FC_c FACS1K'_r1r r`C_MATURES
RESOLU?ION FOR FACSIMILE SIGNATURES
I, . R1ilG1c1 X*XX City Clerk
of 11 a KOX**XiF1 A*NX Public
Entity
organised and existing under the lave of the State of , do
hereby certify that, at a meeting of the Board of Directors of said corporation
duly held on the day of i 19 at which a
quorum was present and acting throughout, the following resolutions were adapted
and are now in full force and effect:
RESOLVED: That SECURITY PACIFIC NATIONAL BANK as a designated depositary
of this corporation be and it (including its correspondent banks) is
hereby requested, authorized and directed to honor all checks, drafts
or other orders for the payment of money drawn in this corporation's
name on its accounts (including those drawn to the indi-
vidual order of any person or persons whose names appear thereon as
signer or signers thereof) when bearing or purporting to bear the fac-
simile signature(a) of any of the following:
and said Pank (including its correspondent banks) shall be entitled to
honor and to charge this corporation for all such cheeks, drafts or
other orders for the payment of money, regardless of by whom or by
what means the actual or purported facsimile signature or signatures
hereon may have been affixed thereto, if such facsimile signature or
signatures resemble the facsimile specimens from time to time filed
with said Bank by the Secretary or other officer of this corporation;
and FURTHER RESOLVED: That a-1 previous authorizations for the sign-
ing and honoring of checks, drafts or other orders for the payment of
money drawn on said Bank by this corporation are heroby continued in
full force and effect as amplified hereby.
IN WITNESS WHEREOF, I have hereunto set my hand and the seal of said corpora-
tion this day of , i9
City Clerk
y (Corpora•• Seal) of the City of Costa Mesa
director of Finance of the CbXPkri1k iA City of Costc
Mesa
Note: In case the Secretary is authorized to act, either individually or Jointly
with another officer, this Certificate must also be signed by a second officer,
perferably one not so authorized.
Exhibit for Resolution No. 90-47
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