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HomeMy WebLinkAbout10-75 - Obtain Commercial Credit Card AccountsRESOLUTION NO. 10- 75 A RESOLUTION OF THE CITY OF COSTA MESA, CALIFORNIA, TO OBTAIN COMMERCIAL CREDIT CARD ACCOUNTS. THE CITY COUNCIL OF THE CITY OF COSTA MESA HEREBY RESOLVES AS FOLLOWS: ---WHEREAS, Colleen O'Donoghue, Assistant Finance Director Christine Tsao, Accounting Supervisor Judy Vickers, Revenue Supervisor Bill Verderber, Senior Programmer Analyst be and each hereby is authorized directed and empowered to establish commercial card accounts ("Accounts") with Commerce Bank, N.A. (Kansas City, Missouri) (herein called "Commerce"), to incur debt (in the form of a line of credit established by Commerce for Corporation) associated with the Accounts, and to execute all documents to effectuate this purpose which he/she may deem necessary and proper, including without limitation any application and/or agreement (each an "Agreement") to open the Accounts; and WHEREAS, that any one of the foregoing named officers of this Corporation may from time to time request Commerce to issue commercial cards to any person in connection with any of the Accounts; and WHEREAS, that any one of the foregoing named officers of this Corporation may from time to time appoint an Administrator to assist Commerce in the administration of the Program as provided in the Agreement (each such term as defined in the Agreement); and WHEREAS, Commerce is authorized to act upon these resolutions until written notice of revocation is delivered to Commerce, and that the authority hereby granted shall apply with equal force and effect to the successors in office of the officers named herein. BE IT RESOLVED, that the undersigned further certifies that the specimen signatures appearing below are the signatures of the officers authorized to sign for this corporation by authority of these resolutions. SPECIMEN SIGNATURES: NAME (typed) TITLE (typed) SIGNAT RE Colleen O'Donoghue Assistant Finance Director ------ Christine Tsao Accounting Supervisor Judy Vickers Revenue Supervisor Bill Verderber Senior Programmer Analyst PASSED AND ADOPTED this 16th day of November, 2010 ATTEST: Jul' Folcik, City Clerk 4,11 A an R. Mansoor, Mayor APPROVED AS TO FORM: 76"" -ILL, �&' Kimberly Hall Barlow, City Attorney STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) I, JULIE FOLCIK, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY that the above and foregoing is the original of Resolution No. 10-75 and was duly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 16th day of November, 2010, by the following roll call vote, to wit: AYES: COUNCIL MEMBERS: MANSOOR, LEECE, BEVER, FOLEY, MONAHAN. NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS NONE IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the City of Costa Mesa this 17th day of November, 2010. J IE FOLCIK, CITY CLERK