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HomeMy WebLinkAbout59-321RESOLUTION NO. 59-321 DESIGNATING SECURITY FIRST NATIONAL" BANK AS THE DEPOB T~ FOR CITY OF SANTA ANA FUNDS EFFEC- TIVE JANUARY l, 1960, AND DESIGNATING SIGNATURES AUTHORIZED FOR IHE PURPOSE 0P WITHDRAWAL OF SAID FUNDS · HEREAB, heretofore the City Council of the City of Santa Ana has declared a policy of designating a bank in the City to handle the demand deposits of City funds, and confor~aing to said expressed policy now declares a new period to begin January 1, 1960; NOW, TH~HEFORE, BE IT RESOLVED: That the Security First National Bank, located at Third and Main Streets in the City of Santa Aha, California, is hereby designated as the banking institu- tion to receive and hm dle deposits of Santa Aha City funds and trust funds in the control of said City, beginning January 1, 1960, and continuing for a texan of two years, this body, or said banking institution. BE IT FURTHER RESOLVED: That ~R. unless sooner terminated by HAL RAGER, the Director of Finance of said City, is hereby authorized for and on behalf of said City, and as its officer and agent, to sign City of Santa Aha checks for the withdrawal of said funds so deposited, both by facsimile signature machine-imprinted upon City checks, and by his manually affixed signature. BE IT FURTHER RESOLVED: That MR. W. K. MANN is hereby author- ized for and on behalf of said City, and as a~ agent of said City, to sign City of Santa Aha checks for the withdrawal of said funds so deposited by his manually affixed signature. BE IT FURTHER RESOLVED: That said Security First National Bank is hereby authorized and directed to pay out from said City funds to the payee designated on any City check, signed in the manner and by persons hereinabove authorized, in the amount shown on the face of said check. BE IT FURTHER RESOLYED: That, because of physical absence, incapacity, or death of said agents, it may be necessary on a tem- porary basis to write emergency orders for the signing of City checks, the City Manager is hereby authorized to designate in writing an agent or agents who shall then be authorized to sign City checks for the payment or withdrawal of said funds. Any such authoriza- tion shall set forth the necessity for the designation, the period of time during which m thorization shall continue, by giving the exact starting and temminating dates, and shall contain the certifi- cation of the Clerk of tae Council of the City of Ssa~ta Aha over the official City seal, certifying that said authorization is, in fact, signed by the qualified and acting City Manager, and shall bear a specimen signature of t~e person designated as such tempor- amy agent · BE IT FURTHER RESOLVED: That a certified copy of this Reso- lution bearing the signatures of ~he two agents herein authorized to act, certified by the Clerk of the Council to be the signatures of said persons, shall be delivered to said bank before the fimst day of January, 1960. PASSED AND ADOPTED by the City Council of th.e City of Santa Aha at its regular meeting held on the 21st day cf December, 1959. ATTEST: CLERK OF THE COUNCIL STATE OF CALIFORNIA) COUNTY OF ORANGE ) CITY OF SANTA A~A SS I, MARION SUTTNER, (SFmL) do hereby certify that I am the Clerk of the Council of the City of Santa Aha, California; that the foregoing Res61u~was regularly introduced at its regular meeting held on the 21st day of Decembe~ 1959, and was at said meeting regularly passed and adopted by the following vote, to-wit: AYES, COUNCILMEN: RoyalE. Hubbard, Bob Brewer, A. A. Nell NOES, ABSENT, COUNCILMEN: COUN CI r,~m~.N: No~le Stanley C. Gould, Jr., Dale H. ~Hefn]y BLERK OF ~HE COUNCIL -2- STATE OF CALIFORNIA) COUNTY OF ORANGE ) SS CITY OF SANTA ANA ) I, MARION SUTTNER, do hereby certify that I am Clerk of the Council of the City of Santa Ana, that the signatures next hereinbelow affixed were affixed by HAL RAGER and W. K. MANN, and said persons are known to me to be employees of the City of Santa Aha, and to be the persons bearing said names; that said signatures were affixed in my presence for the purpose of pro- riding official specimen signatures of said pers~?~. · CLEI~K OF THE COUNCIL -3-