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HomeMy WebLinkAbout4231 - Signing of Checks, Drafts and PaymentsRESOLUTION NO. -7a3 / �)IV 1 WHEREAot it h*A become necessary to designate the pro- • 2 per officers of the City`b Newport Beach to sign checks* drafts, • 3 or other orders for the payment of money drawn in the City's 4 name; and 5 WHEREhSj it is deemed to be for the best interests of s the citizens of the City of Newport Beach that the Mayor and City 7 Clerk be authorized to sign such documents by facsimile signatures 8 NOW9 THEREF011E, BE IT RESOLVED, that the Bank of America 9 National Trust and Savings Association, as a designated depositary 10 of this City bey and it (including its correspondent banks) is 11 hereby requested, authorized and directed to honor all checks, 12 draftsq or other orders for the payment of money drawn in the 13 name of the City on its commercial accounts (including those 14 drawn to the individual order of any person or persons whose 15 names appear thereon as signer or signers thereof) when bearing is or purporting to bear two facsimile signatures of the Mayor and 17 City Clerk as follows: Dora Q. Hill _Mayor 18 C. K. Priest City Clerk 19 and the Bank of America National Trust and Savings Association 20 (including its correspondent banks) shall be entitled to honor 21 and to charge for all such checks, drafts or other orders for 22 the payment of money, regardless of by whom or by what means the 23 actual or purported facsimile signature or signatures thereon may 24 have been affixed thereto, if such facsimile signature or sig- 25 natures resemble the facsimile speciman from time to time filed 26 with the Hank of America National Trust and &avings Association 27 by the City Clerk; and • 28 BE IT FURTHLR RESOLVED: That all previous authoriza- 29 tions for the signing and honoring of checksy drafts or other 30 orders for the payment of money drawn on the said Bank of America 31 National Trust and Savings Association by this City are hereby 32 terminated and cancelled. -I- �•, -ter 1 • 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 • 28 29 30 31 32 I We, Dora i?. IUll, mgor, and C. K. Priest, City Clerk, of the 4ity of Newport Beach. a municipal corporation of the 6th Class, organized and existing under the Laws of the State of California, do hereby* certify that at a regular meeting of the City Council of said City, duly held on the 26th day of April, 1954) at which the entire Council was present and voting through- out, the above Resolution was adopted and is now in full force and effect, and was adopted by the following vote, to wit: AY.LZj NOIZ O CuUI CSLMM, : Ab3t L NT CuUIICILAM: ATTEST t -2- • ST. -;T� OF CALIFORNIA ) COUNTY OF ORANGE ) S5 CITY OF NEt:FORT BEACH ) I9 MARGERY SCHROUDER, City Clerk of the City of Newport Beach, California, do hereby certify that accord- ing to the records of the City of Newport Beach filed and maintained in my office, the foregoing Resolution No. 4231 was duly and regularly adopted, passed, and approved by the City Council of the City of Newport Beach, California, at a regular meeting of said City Council held at the regular meeting place thereof, on the 26th day of April , 1954 , by the following vote, to wit: AYES, COUF CILA,E,N: Broering, Smith, Miller, Bennett, Hill NOES, COUNCILMEN. ABSENT, COUNCILMEN: Dated this 4th • • None None day of April 19 57 City Cletrk afld Ex- Officio Clerk of the City Council, City of Newport Beach, State of California. Ifn