HomeMy WebLinkAbout87-083RESOLUTION NO. 87-9
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SANTA ANA DESIGNATING SECURITY PACIFIC
BANK AS THE DEPOSITORY FOR CITY OF SANTA ANA
FUNDS EFFECTIVE JANUARY 1, 1988, AND DESIGNATING
SIGNATURES AUTHORIZED FOR THE PURPOSE OF
WITHDRAWAL OF SAID FUNDS
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA
ANA:
1. Heretofore the City Council of the City of Santa Ana
has declared a policy of designating a bank in the city to
act as depository for the demand deposits of city funds and,
conforming to said expressed policy, SECURITY PACIFIC BANK,
890 No. Main Street, Santa Aha, California, is hereby
designated as the banking institution to receive and act as
depository for Santa Ana City funds and trust funds in the
control of said city beginning January 1, 1988, and
continuing for a term of three (3) years, unless sooner
terminated.
2. The Executive Director of Finance an~ Management
Services 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 upon city
checks.
B. The Treasury Manager of said city is hereby
authorized for and on behalf of said city, and as an agent of
said city and a deputy of the Executive Director of Finance
and Management Services to sign City of Santa Aha checks for
the withdrawal of said funds so deposited by his manually
affixed signature thereon.
4. Said bank is hereby authorized and directed to pay
out from said city funds to the payees respectively
designated on any city checks, signed in the manner and by
either of the persons hereinabove authorized, in the amounts
shown on the face of said checks, respectively.
5. When because of physical absence, incapacity or
death of either or both of said agents it may be necessary on
a temporary basis to provide otherwise 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 said 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 seal of the City of Santa Aha
certifying that said authorization is, in fact, signed by the
qualified and acting City Manager, shall bear a specimen
signature of the person designated as such temporary agent,
and shall be delivered to said bank.
40.5
406
RESOLUTION NO. 87- 83
PAGE TWO
6. A certified copy of this Resolution, together with
the signatures of the two agents herein authorized to act in
manual form and a copy of the facsimile signature machine-
imprint of the Executive Director of Finance and Management
Services 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, 1988. Whenever 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 the said fact and shall
certify the names, titles, and signatures of the persons then
designated as agent(s) of the city for the purpose of signing
city checks in the manner hereinabove provided and shall
notify said bank of every termination of such authorization
immediately upon receiving such information.
ADOPTED this
2nd day of November ·
1987.
ATTEST:
J I~CE C. GUY
~EERK OF THE COUNC/I<~
COUNCILMEMBERS:
APPROVED AS TO FORM:
Young Aye
McGuigan
Acosta ~
Grlset ~ye
Hart ~Ave
May Aye
Pulido Aye
EDWARD (J, COpPER
CITY A T T~M~N~
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SANTA ANA )
I, L]~.~r~ ~ ~,,v , hereby certify that I am the
Clerk of the Council of %he City of Santa Aha; that in compliance
with Resolution No. 87- 83 , adopted on the 2nd day of
Ngvember , 1987, I hereby furnish this certificate
designating the names and signatures of the two agents of the city,
and the facsimile signature machine imprint which are authorized by
the City Council of the City of Santa Aha to order pay out of city
funds by city check, all as set forth in said resolution.
I certify that Rod R. Coloma is the Executive Director of
Finance of the City of Santa Aha, duly appointed and acting, and
that he affixed his manually written signature hereto in the space
next in this Certificate.
I certify that
City of Santa Ana, duly appointed
manually written signature hereto
Certificate.
Sidney C. Yeates is the Treasury Manager of th~
and acting, and that he affixed his
in the space next in this
C .~Y~ATES
I certify that the imprint on the card attached to this
Certificate by staples and adhesive immediately below this paragraph
is an imprint made on the official facsimile signature machine with
the official plate, and is the duly authorized facsimile signature
for use on city checks.
I furnish this certificate in duplicate for the use of Security
Pacific National Bank as provided in said Resolution No. 87- 83 ,
and certify under penalty of perjury that the statements herein
contained are true and correct. I attach hereto,'in the lower
left-hand corner opposite my signature, the official seal of the
City of Santa Ana.
Done this 3rd day of November , 1987, at
Santa Ana, California.
K OF THE COUN~
T~H~CIT¥ OF SANTA~
CALIFORNIA