HomeMy WebLinkAboutResolution 5847 N.C.S. 08/16/1971 EER:sw 7 297I
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Resolution No - -
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RESCliIITION AUTFORIZING SIGNING AND
a �
ENDORSING„ CHECKS` AND OTHER INSTRU-
MENTS ('MUNICIPAL IMPROVEMENT' BOND
AND COUPON FUNDS) , and REPEALING
RESOLUTION NO . 49:241,N .C.S'.
� r M a- e ° Meet of
INTRODUCED BY COUNCILMAN 7 �� ` �� At x' f Meeting
2nd da of . August 197.1.-.
the City Council of the City of Petaluma on the day
BEIT RESOLVED THAT WELLS- FARGO BANK be , and it is hereby selected as a
Depository of all Municipal Improvement Bond and Coupon Funds ; which funds
have been`"created and are in existence by reason of this Corporation a.ctin.g
as Agent for., the assessment districts concerned., and that checks or 'drafts
withdrawing said funds must be signed by C . G. Geaita , Treasurer , or Charlotte
Carr , Deputy City Treasurer.
BE IT FURTHER RESOLVED that Wells Fargo Bank is authorized to
honor and pay any aid all checks 'and drafts of this Corporation signed as
provided herein , whether or not payable to the person or persons signing
them, and that checks, 'drafts , bills of exchange 'a.nd other evidence of in-
debtedness may be endorsed for deposit to the account of Municipal Improve- ,
ment Bond and Coupon Funds\by the foregoing, and may be endorsed in writing
or by stamp and with, or witfiou.t the designation of the person so endorsing.
N.
BE IT 'FURTHER RESOLVED,,that the authority hereby conferred shall
remain in force until written notice of the revocation thereof by the City
Council of this Corporation shall Kaye been received by said Depository at
the office at which the account is kept; and that the certification of the
secretary or an assistant secretary .as 'to the continuing authority of this
Resolution and the persons 'authorized toNs_ign and their signatures , shall
be binding upon this Corporation. ,:
BE IT FURTHER RESOLVED that Resolution No . 4924 N.C .S . be , and
the same is hereby repealed . \
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under the power and authority conferred upon this Council by the Chaiter of said City.
COUNCILMEN VOTE
Seconded by ""krtti ,� L ,.r,a.�, 1i/�,,-- _ -- -
Ayes. Nos Absent
Councilman Robert A. Brunner
I hereby certify that the foregoing resolution was duly and
regularly introduced and adopted by the Council.of the City of John W. Cavanagh, Jr. uT \.
Petaluma, on the 2nd day of A u 9'u� 197 I > by Richard W. Clecak
the following vote:
•
Robert E. Daly
(SEAL) ._., __,M.yo ( t i y� L A:luma fl," Fred V. Mattel
_ Mayor of the City of Petaluma
/i /
/1 William A. Perry, Jr.. 1—/
1. ,i',c z /�,I�r. �'�-- -- --�'-�-</ Mayor Helen Putnam
Attest" t y
City Clerk — --
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