HomeMy WebLinkAboutResolution No. 2010-031RESOLUTION 2010-31
BEING A RESOLUTION AUTHORIZING AN IMPREST CHECKING
ACCOUNT FOR ATM (AUTOMATED TELLER MACHINE) ACTIVITY
WHEREAS, installing ATM machines in the liquor stores would enhance customer
service, and
WHHEREAS, the ATiL1's would provide additional revenue and enhance liquor store
profits, and
WHEREAS, the most cost effective method to track ATM transactions is through a
separate imprest checking account
NOW, THEREFORE, BE IT RESOLVED, that an imprest account shall be established
at one of the City's designated depositories for the purpose of facilitating ATM activity
BE IT THER RESOLVED, that checks, drafts, or other withdrawal orders issued
against funds on deposit with said bank shall be signed by two of the following:
Mayor
City Manager
Finance Director
and that said bank is hereby authorized to pay and charge to the account of this
corporation any checks, drafts, or other withdrawal orders.
BE IT FURTHER RESOLVED, that the depository is hereby requested, authorized and
directed to honor checks, drafts, and other withdrawal orders when bearing or purporting
to bear the facsimile signatures of two of the following:
Mayor
City Manager
Finance Director
and that the depository shall be entitled to honor and to charge this corporations for all
such checks, drafts, or other orders, regardless of by whom or by what means the
facsimile signature or signatures thereon may have been affixed thereto, if such facsimile
signature or signatures resemble the facsimile specimens duly certified to be on file with
the Banks by the Finance Director or other officer of this corporation.
BE IT FURTHER RESOLVED, that any and all resolutions heretofore adopted by the
City Council of the corporation and certified to as governing the operation of this
corporation's account(s) with it, be and are hereby continued in full force and effect,
except as the same may be supplemented or modified by the foregoing part of this
resolution.
BE IT FURTHER RESOLVED, that all transactions, if any relating to deposits,
withdrawals, rediscounts and borrowings by or on the behalf of this corporation with
said banks prior to the adoption of this resolution be, and the same hereby are, in all
things ratified, approved and confirmed.
Passed this 26`" day of April 2010
Offered by: Williams
Seconded by: Diehm
boll Call: Ayes: Peterson, V~illiams, Nawroeki, Diehm, Kelzenberg
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ayor Gary P terson
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Patricia Muscovit , . MC
ity Clerk