HomeMy WebLinkAboutResolution 00-006 N.C.S. 01/03/2000 1
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4 of the City of Petaluma, California
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8 RESOLUTION REPEALING RESOLUTUION 98-17 N.C.S. IN ITS ENTIRETY AND
9 AUTHORIZING SIGNING AND ENDORSING CHECKS, ELECTRONIC FUND TRANSFERS,
1o DEPOSITS TO AND WITHDRAWALS FROM INVESTMENT ACCOUNTS AND
11 AUTHORIZING THE CITY MANAGER TO CERTIFY THE NAMES OF THE AUTHORIZED
12 PERSON TO THE FINANCIAL INSTITUTION
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14 WHEREAS, the City of Petaluma issues checks, makes payments by electronic fund transfer
15 and deposits to and withdraws from investment accounts,
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17 NOW, THEREFORE BE IT RESOLVED,
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19 1. That the Finance Director/City Treasurer is authorized to select as a depository of the funds of
20 this municipal corporation any financial institution.
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22 2. That checks or drafts withdrawing said funds must be signed by any two of the employees in
23 the following positions: City Manager, Assistant City Manager, or Finance Director/City
24 Treasurer.
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26 3. That in addition to the employees listed in paragraph two above, electronic fund transfers may
27 be authorized by any of the employees in the following positions: Controller, Senior
2s Accountant, or Payroll Technician. Electronic fund transfers must be signed by two
29 employees and at least one of the signatures must be from the employees listed in paragraph
30 two.
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32 4. That said institutions are authorized to honor and pay any and all checks or drafts of this
33 municipal corporation signed as provided herein, whether or not payable to the person or
34 persons signing them.
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36 5. That procedures for electronic fund transfers shall be established by agreement with said
37 institution and said institutions are authorized to execute all electronic fund transfers of this
3s municipal corporation performed as provided herein, except those payable to the person or
39 persons performing the transfer.
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41 6. That requests for a withdrawal from an investment account must be signed by one employee
42 listed in paragraph two and the withdrawal may then be made by any one employee listed in
43 paragraphs two or three.
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Res. No...2000-,0.6......_ N.c.s. Page 1 of 2
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~ 7. That checks, drafts and other instruments may be endorsed for deposit to the account of this
8 municipal corporation by any of the foregoing or by any other employee at the direction of the
9 Finance Director/City Treasurer.
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11 8. That the City Manager shall be authorized to certify the names of the employees who hold the
12 positions listed in paragraphs two and three to any and all financial institutions.
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14 9. That the authority hereby conferred shall remain in force until written notice for the
15 revocation thereof by the City Council of this municipal corporation shall have been given;
16 and that the certification of the City Manager, as to the continuing authority of this resolution
17 and the employees authorized to sign and their signatures shall be binding upon this municipal
18 corporation.
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Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the,....,.-----•-Approved as to
Council of the City of Petaluma at a (Regular) 3~~~$$) meetirig ~
on the .3rd day of ...........I2~.n.U&t:.y.,..2Q Q~ 8~......., by the
following vote:
ity Attorney
AYES: Healy, Keller, Cader-Thompson, Hamilton, Maguire, Vice Mayor Torliatt, Mayor Thompson
NOES: None
ABSENT: None
ATTEST : . ......_y........-
City Clerk Ma or
(bunch File.._..._....._......_........__
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