Item No: 4.C.1.C.
Meeting Date: August
27, 2012
From: Gladys
Johnson, Deputy Finance Director
Subject: Resolution
authorizing the Mayor and City Clerk to execute a Change of Authorized
Signatories and/or titles on all bank accounts at Wells Fargo Bank, N.A.
Staff Recommendation:
Staff
recommends approval of the resolution authorizing a change of authorized
signatories and/or titles on all bank accounts at Wells Fargo Bank, N.A.
Analysis:
The
requested action is necessary to change the names of the individuals authorized
to sign all checks, drafts, or other orders for the payment of money drawn in
the name of the City Commission of the City of Leesburg, Florida, on its demand
deposits, time deposits, and savings accounts at Wells Fargo Bank N.A. Signature card 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 all bank accounts at Wells
Fargo Bank, N.A., or
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: _Puggy Johnson Attachments: Yes__x__ No ______ Advertised: ____Not Required ______ 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. ___N/A_____________ WF No.
______________________ Budget ______________________ Available
_____________________ |
RESOLUTION NO._______________
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF LEESBURG, FLORIDA AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CHANGE
OF AUTHORIZED SIGNATORIES AS REQUIRED TO HONOR ALL CHECKS, DRAFTS, OR OTHER
ORDERS FOR PAYMENT OF MONEY DRAWN IN THE NAME OF THE CITY OF LEESBURG; AND
PROVIDING A SAMPLE OF SAID INDIVIDUAL'S SIGNATURE ON ALL BANK ACCOUNTS AT WELLS
FARGO BANK, N.A.; AND PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF LEESBURG, FLORIDA:
WHEREAS, Wells Fargo Bank N.A., whose address is
Wells Fargo Bank, N.A., 800 North Magnolia Avenue 7th Floor,
Orlando, FL 32803 has 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
Wells Fargo Bank to honor all checks, drafts and other orders for payment of
money drawn in the name of the City of Leesburg on its demand deposits, time
deposits and savings accounts at Wells Fargo Bank, N.A.
WHEREAS, Wells Fargo Bank, N.A. has
requested that the Commission provide a sample of the signatures of the Mayor,
City Manager, Finance Director and Deputy Finance Director 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 and/or title to honor all checks, drafts,
or other orders for payment of money drawn in the name of the City of Leesburg,
as follows:
Sanna
Henderson, Mayor
City
of Leesburg, Florida
Jay
Evans, City Manager
City
of Leesburg, Florida
William
Spinelli, Finance Director
City
of Leesburg, Florida
Gladys
Johnson, Deputy Finance Director
City
of Leesburg, Florida
THAT, Wells Fargo 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 a part of the Public Records of the
City of Leesburg, Florida, and a copy hereof shall be furnished to Wells Fargo
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 27th
day of August, 2012.
__________________________
Mayor
ATTEST:
__________________________
City Clerk