HomeMy WebLinkAbout61-215RESOLUTION NO. 61-215 DESIGNATING BANK OF AMERICA,
NATIONAL TRUST & SAVINGS ASSOCIATION, SANTA ANA BRANCH,
AS THE DEPOSITORY FOR CITY OF SANTA ANA FUNDS EFFECTIVE
JANUARY 1, 1962, AND DESIGNATING SIGNATURES AUTHORIZED
FOR THE PURPOSE OF WITHDRAWAL OF SAID FUNDS
WHEREAS, 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 conforming to said expressed
policy now declares a new period to begin January 1, 1962;
NOW, THEREFORE, BE IT RESOLVED: That the Bank of America,
National Trust & Savings Association, Santa Ana Branch, located at
Eighth and Main Streets, Santa Aha, California, is hereby designated
as the banking institution to receive and handle deposits of Santa
Ana City funds and trust funds in the control of said City, beginning
January 1, 1962, and continuing for a term of two years, unless
sooner terminated.
BE IT FURTHER RESOLVED: That the Director~ 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 Ana 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 the Deputy City Treasurer is
hereby authorized for and on behalf of said City, and as an agent of
said city, to sign City of Santa Ana checks for the withdrawal of
said funds so deposited by his manually affixed signature.
BE IT FURTHER RESOLVED: That said Bank of America, National
Trust & Savings Association, 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.
-1-
BE IT FURTHER RESOLVED: That, because of physical absence,
incapacity, or death of said agents, it may be necessary on a
temporary 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 authorization
shall set forth the necessity for the designation, the period of
time during which authorization shall continue, by giving the exact
starting and terminating dates, and shall contain the certification
of the Clerk of the Council of the City of Santa Ana 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 the person designated as such temporary agent.
BE IT FURTHER RESOLVED: That a certified copy of this
Resolution, together with copies of the signatures of the two agents
herein authorized to act in manual form and a copy of the facsimile
signature machine-imprint certified by the Clerk of the Council to be
the signatures of said persons, and an imprint of the official
facsimile signature plate, shall be delivered to said bank before the
first day of January, 1962.
BE IT FURTHER RESOLVED: That the Clerk of the Council shall
deliver to said Bank before the first day of January, 1962, her
certificate bearing the signatures of the agents herein authorized
to act, stating the names of said two persons and the other informa-
tion required in the paragraph next hereinabove set out in event
there has been any change in said designated agents prior to said
date. At any time either or both of said agents leave the employment
of the City, is absent therefrom, or incapacitated for a period of
time that will affect the making of City checks, the Clerk of the
Council shall notify said Bank of said fact and shall certify the
names, titles and signatures of the person or persons designated as
-2-
as agents of the City for the purpose of signing City checks in the
manner hereinabove provided for and shall so notify said Bank o~
every termination of such authorization immediately upon receiving
such information, and such notification shall be her first duty and
responsibility in event of termination of any such authorization as
such agent for the City.
ATTEST:
ct~ OF T~- COUNCIL
PASSED AND ADOPTED by the City Council of the City of Santa
Ana at its regular meeting held on the 5%h day of Sep%ember , 1961.
STATE OF CALIFORNIA)
COUNTY OF ORANGE )
CITY OF SANTA ANA )
SS
I, MARION SUTTNER, do hereby certify that I am the Clerk of
the Council of the City of Santa Ana; that the foregoing Resolution
was regularly introduced to said Council at its regular meeting held
on the 5%h day of Sep%~ber , 1961, and was at said meeting
regularly passed and adopted by the following vote, to-wit:
AYES,
COUNCILMEN: Henry H. Schlueter, Dale H. Heinly,
Bob Brewer, Royal E. Hubbard
NOES, COUNCILMEN: None
COUNCILMEN:
A. A. Hall
'C~.ERK OF ~HE COUNCIL
-3-