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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 ~~ ~`` ~' _- ~a , ~ ~-= k ~: a ayor Gary P terson d7'fin ~ ~C " V t h e ~ v+v+a - ~ ~ `vim - Patricia Muscovit , . MC ity Clerk