HomeMy WebLinkAboutCouncil Resolution 1223RESOLUTION NO. f ~3
A RESOLUTION TO ESTABLISH A BANK ACCOUNT FOR THE CITY OF CENTRAL
POINT'S ANNUAL "BATTLE OF THE BONES" EVENT.
WHEREAS, the City of Central Point has acquired the "Battle of the Bones' annual
event; and,
WHEREAS, the City of Central Point has deemed it necessary to account for the
expenses and proceeds from this event in a separate bank account in order to provide
better accounting of all activity associated with this annual event; and,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CENTRAL POINT, OREGON, that a bank account be established for the Battle of the
Bones with the People's Bank of Commerce as the designated depositor; that the City
agrees to all the terms and conditions by People's Bank in order to establish such account;
and be it also resolved that the following named officers or employees of the City be
authorized agents and signatures on the account:
Jennifer Boardman, Recreation Supervisor
Matt Samitore, Parks & Recreation Manager
Bev Adams, Finance Director
Passed by the Council and signed by me in authentication of its passage this
~`F^ day of Au/gust, X009.
Hank Williams, Mayor
ATT S
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Deanna Casey, City R rder
Approved by me this / 3~" day of August, 2009.
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Harik Williams, Mayor
GOVERNMENT / MUNICIPAL I PUBLIC FUNDS BANKING RESOLUTION
ffor Deposit Accounts)
DepOSitOt: CITY OF CENTflAL POINT
140 5. 3RD ST.
CENTRAL POINT, OR 9]502
Account No: 300057000
Financial People's bank of Commerce
Institution: Cemral Point
1017 E. Pine Street
Central Point, Ofl 97502
I, the undersigned Official of the Government. Municipal or Public Entity 1"Entity") named above. HEREBY CERTIFY that the Entity is organized,
exists and Is duly authorized to transact business under the laws of the state or jurisdiction where it is located.
ACCOUNT HOLDER. CITY OF CENTRAL POINT is the complete end correct name of the Account Holder.
I FURTHER C RTIFY„that et a meeting of the governing body of the Entity, duly and regularly celled end held on
~~ `7 ,the following resolutions were adopted:
RESOLVED, that the financial Institution named above at any one or more of its offices or branches, be and it hereby is designated as a
depository for the funds of this Entity, which may be withdrawn on checks, drafts, advices of debit, notes or other orders for the payment of
monies bearing the following appropriate number of signatures: Any one 111 of the following named officers or employees of this Entity
("Agents"1, wtwse aciuel signatures ere sfiown below: /~
x ~ ~ ~ ~
x /~'.
~~,".MA' T@SA~ TT E
and that the Financial Institution shall be end is authorized to honor and pay the same whether or not they are payable to hearer or to the
individual order of any Agent or Agents signing the same.
FURTHER RESOLVED, that the Financial Institution is hereby directed to accept and pay without further inquiry any item drawn against any of
the Entity's accounts wish the Financial Institution bearing the signature or signatures of Agents, as authorized above or otherwise, even though
drawn or endorsed to the order of any Agent signing or tendered by such Agent for cashing or in payment of [he individual obligation of such
Agent or for deposit to the Agent's personal account, end [he Financial Institution shall not be required or be under any obligation to inquire as
to the Circumstances of the issue or use of any item signed in accordance with the resolutions contained herein, or the application or disposition
of such item or the proceeds of the item.
FURTHER RESOLVED, that any one of such Agents is authorized to endorse all checks, drafts, notes end other items payable to or owned by
[his Entity for deposit with the Financial Institution, or for coileclion or discount by the Financial Institution; and to accept drafts and other items
payable at the Financial Institution.
FURTHER RESOLVED, that the above named agents are authorized end empowered to execute such other agreements, including, but not limited
to, special depository agreements and arrangements regarding the manner, conditions, or purposes for which funds, checks, or items of the
Entity may be deposited, collected, or withdrawn and to perform such other acts as they deem reasonably necessary to carry out the provisions
of these resolutions. The other agreements and other acts may not be contrary to the provisions contained in this Resolution.
FURTHER RESOLVED, that the authority harebV conferred upon the above named Agents shall be end remain in Lull Lorca and effect until written
notice of any amendment or revocation thereof shell have been delivered to and received by the Financial Institution at each location where en
account is maintained. Financial Institution shell be indemnified and held harmless from any loss suffered or any liability Incurred by it in
continuing to act in accordance with this resolution. Any such notice shall not effect any items in process at the time notice is given.
I FURTHER CERTIFY that the persons named above occupy the Rositions set forth opposite their respective names and signatures; that the
foregoing Resolutions now stand of record on the books of the Entity; that they are in full force end effect end have not been modified in any
manner whatsoever. - l~
IN TESTIMONY WHEREOF, I have hereunto set my hand on lG 1"'SI .2009 and attest that the signatures set
opposte the names listod ab ~ u~eir genuine signatures.
CERTIFIED TO AND ATTESTED SY:
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•NOTE: In cola the allicial Is
es one of the siBninB aBants, this certlllcete shcultl also be signaE by a secontl Official of the Entity.
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