Item No: 4.C.1.B.
Meeting Date: August
27, 2012
From: Gladys
Johnson, Deputy Finance Director
Subject: Resolution
of the City Commission of the City of Leesburg, Florida authorizing the Mayor
and City Clerk to execute Change of Authorized Signatories on all bank accounts
at TD Bank, N.A.
Staff Recommendation:
Staff
recommends approval of the resolution authorizing a change of authorized
signatories on all bank accounts at TD Bank, N.A.
Analysis:
The
requested action is necessary to change the name(s) and/or title of the
individual(s) authorized on the accounts.
Signature changes occur whenever there is a change in Mayor, City
Manager, and/or Finance Director.
Options:
1. Approval of the attached resolution
authorizing a change of authorized signatories on the accounts at TD Bank,
N.A.;
2. Such alternative action as the Commission may
deem appropriate
Fiscal Impact:
None
Submission Date and Time: 8/23/2012 11:46 AM____
|
Department: __Finance_____________ Prepared
by: Gladys Johnson_______ Attachments: Yes_X__ No ______ Advertised: ____Not Required __X___ Dates: __________________________ Attorney
Review : Yes___ No __X_
_________________________________ Revised 6/10/04 |
Reviewed by: Dept. Head ________ Finance Dept. __________________ Deputy
C.M. ___________________ Submitted
by: City Manager ___________________
|
Account
No. __N/A____________ Project
No. ___________________ WF No.
______________________ Budget ______________________ Available
_____________________ |
RESOLUTION NO._______________
RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF LEESBURG, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE CHANGE OF
AUTHORIZED SIGNATORIES ON ALL ACCOUNTS AT TD BANK, N.A.; AND PROVIDING AN
EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF LEESBURG, FLORIDA:
WHEREAS, TD Bank, N.A. whose address is 255
Alhambra Circle, 2nd Floor, Coral Gables, Fl 33134has qualified as a
City depository pursuant to the provisions of Chapter 280, Florida Statutes,
and,
WHEREAS, inasmuch as the City of
Leesburg, has hired a new Finance Director effective July 30, 2012, and,
WHEREAS, the Commission, in and for the
City of Leesburg, desires to authorize a change of signatories as required by
TD Bank, N.A. on accounts in the name of the City of Leesburg, and,
WHEREAS. TD Bank, N.A. has requested
that the Commission provide a sample of the signatures of the City Manager,
Finance Director, Deputy Finance Director and Financial Reporting Manager of
the City of Leesburg, Florida to facilitate the above referenced transactions.
NOW THEREFORE, BE IT RESOLVED by the
Commission, in and for the City of Leesburg, Florida as follows:
THAT, the City of Leesburg hereby authorizes
the changes in signatories to honor all deposit agreements in the name of the
City of Leesburg on its accounts at TD Bank, N.A., as follows:
Jay
Evans, City Manager
City
of Leesburg
William
Spinelli, Finance Director
City
of Leesburg
Gladys
Johnson, Deputy Finance Director
City
of Leesburg
John
Van Horn, Financial Reporting Manager
City
of Leesburg
THAT, TD Bank, N.A. is being provided a
sample of the signatories of the aforementioned authorized persons.
THAT, upon adoption by the Commission
in open session, this resolution shall be made part of the Public Records of
the City of Leesburg, Florida, and a copy hereof shall be furnished to TD Bank,
N.A..
THAT
this resolution shall become effective immediately.
PASSED
AND ADOPTED by the City
Commission of the City of Leesburg, Florida, at a regular meeting held the 27
day of August, 2012.
__________________________
Mayor
ATTEST:
__________________________
City Clerk